2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Bosnia and Herzegovina-Ethiopia Trade: In 2022, Bosnia and Herzegovina exported $293k to Ethiopia. The main products that Bosnia and Herzegovina exported to Ethiopia were Aluminium Structures ($232k), Insulating Glass ($29.3k), and Metal Mountings ($12.1k). Over the past 5 years the exports of Bosnia and Herzegovina to Ethiopia have decreased at an annualized rate of 5.26%, from $383k in 2017 to $293k in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Ethiopia.

Ethiopia-Bosnia and Herzegovina Trade: In 2022, Ethiopia exported $548k to Bosnia and Herzegovina. The main products that Ethiopia exported to Bosnia and Herzegovina were Coffee ($244k), Other Oily Seeds ($125k), and Other Processed Vegetables ($61.9k). Over the past 5 years the exports of Ethiopia to Bosnia and Herzegovina have increased at an annualized rate of 4.94%,  from $430k in 2017 to $548k in 2022.

In 2022, Ethiopia did not export any services to Bosnia and Herzegovina.

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $293k to Ethiopia. The main products exported from Bosnia and Herzegovina to Ethiopia were Aluminium Structures ($232k), Insulating Glass ($29.3k), and Metal Mountings ($12.1k). During the last 5 years the exports of Bosnia and Herzegovina to Ethiopia have decreased at an annualized rate of 5.26%, from $383k in 2017 to $293k in 2022.

In 2017, Ethiopia exported $548k to Bosnia and Herzegovina. The main products exported from Ethiopia to Bosnia and Herzegovina were Coffee ($244k), Other Oily Seeds ($125k), and Other Processed Vegetables ($61.9k). During the last 5 years the exports of Ethiopia to Bosnia and Herzegovina have increased at an annualized rate of 4.94%, from $430k in 2022 to $548k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

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

Bosnia and Herzegovina Exports

Ethiopia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from Bosnia and Herzegovina than Ethiopia included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

In 2022, countries that imported more from Ethiopia than Bosnia and Herzegovina included United Arab Emirates ($723M), United States ($557M), and Somalia ($265M).

Difference in imports from Ethiopia (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Ethiopia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Ethiopia in the exports of Metals ($246k), Stone And Glass ($34.3k), and Instruments ($6.62k).

During 2017, Ethiopia had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($439k), Foodstuffs ($67.4k), and Textiles ($39k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Ethiopia+$146kAluminium Structures
Top Product Potential Ethiopia Bosnia and Herzegovina+$599kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Bosnia and Herzegovina (Flag) and Ethiopia (Flag) (2022)

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