2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Bosnia and Herzegovina-Ukraine Trade: In 2022, Bosnia and Herzegovina exported $19.4M to Ukraine. The main products that Bosnia and Herzegovina exported to Ukraine were Carbonates ($5.12M), Aluminium Wire ($5.09M), and Packaged Medicaments ($1.76M). Over the past 5 years the exports of Bosnia and Herzegovina to Ukraine have increased at an annualized rate of 8.71%, from $12.8M in 2017 to $19.4M in 2022.

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

Ukraine-Bosnia and Herzegovina Trade: In 2022, Ukraine exported $28.2M to Bosnia and Herzegovina. The main products that Ukraine exported to Bosnia and Herzegovina were Seed Oils ($4.02M), Vaccines, blood, antisera, toxins and cultures ($3.27M), and Other Nuts ($2.21M). Over the past 5 years the exports of Ukraine to Bosnia and Herzegovina have increased at an annualized rate of 8.3%,  from $18.9M in 2017 to $28.2M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $19.4M to Ukraine. The main products exported from Bosnia and Herzegovina to Ukraine were Carbonates ($5.12M), Aluminium Wire ($5.09M), and Packaged Medicaments ($1.76M). During the last 5 years the exports of Bosnia and Herzegovina to Ukraine have increased at an annualized rate of 8.71%, from $12.8M in 2017 to $19.4M in 2022.

In 2017, Ukraine exported $28.2M to Bosnia and Herzegovina. The main products exported from Ukraine to Bosnia and Herzegovina were Seed Oils ($4.02M), Vaccines, blood, antisera, toxins and cultures ($3.27M), and Other Nuts ($2.21M). During the last 5 years the exports of Ukraine to Bosnia and Herzegovina have increased at an annualized rate of 8.3%, from $18.9M in 2022 to $28.2M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Ukraine Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Ukraine included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Ukraine than Bosnia and Herzegovina included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Bosnia and Herzegovina - Ukraine

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Ukraine in the exports of Chemical Products ($8.04M), Metals ($5.73M), and Machines ($2.53M).

During 2017, Ukraine had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($6.2M), Wood Products ($4.62M), and Chemical Products ($4.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Ukraine+$521kIron Structures
Top Product Potential Ukraine Bosnia and Herzegovina+$1.11MSeed Oils

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

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

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