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Pricing

2023
Flag → Flag
Exports $20.1MRnk 33 / 159
2023
Flag → Flag
Top Product $4.89MRapeseed Oil
2023
Flag → Flag
Exports $7.72MRnk 93 / 150
2023
Flag → Flag
Top Product $1.42MTool Plates
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

Bosnia and Herzegovina-Israel Trade: In 2023, Bosnia and Herzegovina exported $20.1M to Israel. The main products that Bosnia and Herzegovina exported to Israel were Rapeseed Oil ($4.89M), Seed Oils ($4.54M), and Insulated Wire ($3.25M). Over the past 5 years the exports of Bosnia and Herzegovina to Israel have increased at an annualized rate of 27.6%, from $5.93M in 2018 to $20.1M in 2023.

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

Israel-Bosnia and Herzegovina Trade: In 2023, Israel exported $7.72M to Bosnia and Herzegovina. The main products that Israel exported to Bosnia and Herzegovina were Tool Plates ($1.42M), X-Ray Equipment ($528k), and Packaged Medicaments ($480k). Over the past 5 years the exports of Israel to Bosnia and Herzegovina have increased at an annualized rate of 6.78%,  from $5.56M in 2018 to $7.72M in 2023.

In 2007, Israel exported services to Bosnia and Herzegovina worth $1.25M, with Computer and information services ($1.25M) being the largest in terms of value.

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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $20.1M to Israel. The main products exported from Bosnia and Herzegovina to Israel were Rapeseed Oil ($4.89M), Seed Oils ($4.54M), and Insulated Wire ($3.25M). During the last 5 years the exports of Bosnia and Herzegovina to Israel have increased at an annualized rate of 27.6%, from $5.93M in 2018 to $20.1M in 2023.

In 2018, Israel exported $7.72M to Bosnia and Herzegovina. The main products exported from Israel to Bosnia and Herzegovina were Tool Plates ($1.42M), X-Ray Equipment ($528k), and Packaged Medicaments ($480k). During the last 5 years the exports of Israel to Bosnia and Herzegovina have increased at an annualized rate of 6.78%, from $5.56M in 2023 to $7.72M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Israel Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Israel
Top DestinationUnited States$20.3B

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

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

In 2023, countries that imported more from Israel than Bosnia and Herzegovina included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Bosnia and Herzegovina - Israel

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Israel in the exports of Animal and Vegetable Bi-Products ($9.43M), Machines ($4.05M), and Miscellaneous ($1.88M).

During 2018, Israel had a large net trade with Bosnia and Herzegovina in the exports of Metals ($1.82M), Machines ($1.74M), and Chemical Products ($1.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Israel+$1.51MOther Furniture
Top Product Potential Israel Bosnia and Herzegovina+$1MPackaged Medicaments

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 Israel. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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