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Pricing

2023
Flag → Flag
Exports $15.6MRnk 37 / 159
2023
Flag → Flag
Top Product $6.36MCarbonates
2023
Flag → Flag
Exports $31.8MRnk 76 / 193
2023
Flag → Flag
Top Product $7.16MSeed Oils
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Bosnia and Herzegovina-Ukraine Trade: In 2023, Bosnia and Herzegovina exported $15.6M to Ukraine. The main products that Bosnia and Herzegovina exported to Ukraine were Carbonates ($6.36M), Packaged Medicaments ($2.7M), and Ball Bearings ($827k). Over the past 5 years the exports of Bosnia and Herzegovina to Ukraine have decreased at an annualized rate of 2.08%, from $17.3M in 2018 to $15.6M in 2023.

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

Ukraine-Bosnia and Herzegovina Trade: In 2023, Ukraine exported $31.8M to Bosnia and Herzegovina. The main products that Ukraine exported to Bosnia and Herzegovina were Seed Oils ($7.16M), Other Nuts ($3.5M), and Vaccines, blood, antisera, toxins and cultures ($2.73M). Over the past 5 years the exports of Ukraine to Bosnia and Herzegovina have decreased at an annualized rate of 5.58%,  from $42.4M in 2018 to $31.8M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $15.6M to Ukraine. The main products exported from Bosnia and Herzegovina to Ukraine were Carbonates ($6.36M), Packaged Medicaments ($2.7M), and Ball Bearings ($827k). During the last 5 years the exports of Bosnia and Herzegovina to Ukraine have decreased at an annualized rate of 2.08%, from $17.3M in 2018 to $15.6M in 2023.

In 2018, Ukraine exported $31.8M to Bosnia and Herzegovina. The main products exported from Ukraine to Bosnia and Herzegovina were Seed Oils ($7.16M), Other Nuts ($3.5M), and Vaccines, blood, antisera, toxins and cultures ($2.73M). During the last 5 years the exports of Ukraine to Bosnia and Herzegovina have decreased at an annualized rate of 5.58%, from $42.4M in 2023 to $31.8M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Ukraine Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Ukraine
Top DestinationPoland$4.83B

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 2023, countries that imported more from Bosnia and Herzegovina than Ukraine included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

In 2023, countries that imported more from Ukraine than Bosnia and Herzegovina included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

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 2023, Bosnia and Herzegovina had a large net trade with Ukraine in the exports of Chemical Products ($9.94M), Machines ($2.42M), and Plastics and Rubbers ($983k).

During 2018, Ukraine had a large net trade with Bosnia and Herzegovina in the exports of Animal and Vegetable Bi-Products ($7.18M), Vegetable Products ($6.56M), and Wood 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) (2023)

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