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2023
Flag → Flag
Exports $3.68MRnk 64 / 159
2023
Flag → Flag
Top Product $1.62MDetonating Fuses
2023
Flag → Flag
Exports $2.86MRnk 99 / 192
2023
Flag → Flag
Top Product $1.04MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
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GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
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GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Bosnia and Herzegovina-Estonia Trade: In 2023, Bosnia and Herzegovina exported $3.68M to Estonia. The main products that Bosnia and Herzegovina exported to Estonia were Detonating Fuses ($1.62M), Rubber Footwear ($536k), and Prefabricated Buildings ($352k). Over the past 5 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 23%, from $1.31M in 2018 to $3.68M in 2023.

In 2019, Bosnia and Herzegovina exported services to Estonia worth $1.01M, with Travel ($672k) and Transportation ($336k) being the largest in terms of value.

Estonia-Bosnia and Herzegovina Trade: In 2023, Estonia exported $2.86M to Bosnia and Herzegovina. The main products that Estonia exported to Bosnia and Herzegovina were Processed Fish ($1.04M), Amino-resins ($194k), and Other Fermented Beverages ($171k). Over the past 5 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 5.35%,  from $2.09M in 2018 to $2.86M in 2023.

In 2023, Estonia did not export any services to Bosnia and Herzegovina.

Comparison In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7),  and 105 in total exports ($9.67B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $3.68M to Estonia. The main products exported from Bosnia and Herzegovina to Estonia were Detonating Fuses ($1.62M), Rubber Footwear ($536k), and Prefabricated Buildings ($352k). During the last 5 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 23%, from $1.31M in 2018 to $3.68M in 2023.

In 2018, Estonia exported $2.86M to Bosnia and Herzegovina. The main products exported from Estonia to Bosnia and Herzegovina were Processed Fish ($1.04M), Amino-resins ($194k), and Other Fermented Beverages ($171k). During the last 5 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 5.35%, from $2.09M in 2023 to $2.86M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Estonia (Flag)

Bosnia and Herzegovina Exports

Estonia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Estonia
Top DestinationFinland$2.71B

This map shows whether countries import more from Bosnia and Herzegovina or Estonia. Each country is colored based on the difference in imports they receive from Bosnia and Herzegovina and Estonia or the difference in the growth in imports.

In 2023, countries that imported more from Bosnia and Herzegovina than Estonia included Croatia ($1.39B), Serbia ($1.18B), and Austria ($996M).

In 2023, countries that imported more from Estonia than Bosnia and Herzegovina included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Estonia

Flow
Scale

This chart compares trade between Bosnia and Herzegovina and Estonia by product, considering products traded by both, Bosnia and Herzegovina and Estonia.

During 2023, Bosnia and Herzegovina had a large net trade with Estonia in the exports of Chemical Products ($1.71M), Footwear and Headwear ($651k), and Miscellaneous ($592k).

During 2018, Estonia had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($1.4M), Machines ($477k), and Plastics and Rubbers ($241k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Estonia. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Estonia (Flag) (2023)

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