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Pricing

2022
Flag → Flag
Exports $64.1MRnk 117 / 224
2022
Flag → Flag
Top Product $5.87MPaintings
2022
Flag → Flag
Exports $75.5MRnk 19 / 162
2022
Flag → Flag
Top Product $6.57MSeats
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

United Kingdom-Bosnia and Herzegovina Trade: In 2022, United Kingdom exported $64.1M to Bosnia and Herzegovina. The main products that United Kingdom exported to Bosnia and Herzegovina were Paintings ($5.87M), Cars ($4.56M), and Large Construction Vehicles ($4.08M). Over the past 5 years the exports of United Kingdom to Bosnia and Herzegovina have decreased at an annualized rate of 2.39%, from $72.3M in 2017 to $64.1M in 2022.

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

Bosnia and Herzegovina-United Kingdom In N/A, Bosnia and Herzegovina did not export any products to United Kingdom.

In 2019, Bosnia and Herzegovina exported services to United Kingdom worth $26.3M, with Travel ($20.6M), Transportation ($4.7M), and Communications services ($1.01M) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £2.03M and imported £2.2M from Bosnia and Herzegovina, resulting in a negative trade balance of £167k. Between August 2023 and August 2024 the exports of United Kingdom have increased by £210k (11.5%) from £1.82M to £2.03M, while imports decreased by £-2.37M (-51.8%) from £4.57M to £2.2M.

Trade In August 2024, the top exports of United Kingdom to Bosnia and Herzegovina were Delivery Trucks (£347k), Leather of Other Animals (£242k), Iron Fasteners (£180k), Cars (£102k), and Motor vehicles; parts and accessories (8701... (£100k). In August 2024 the top imports of United Kingdom from Bosnia and Herzegovina were Prefabricated Buildings (£853k), Aluminium Structures (£631k), Seats (£470k), Paper Containers (£235k), and Motor vehicles; parts and accessories (8701... (£203k).

Origins In August 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£1.31M), London Heathrow Airport (£274k), East Midlands Airport (£238k), London Stansted Airport (£86.5k), and Dover (£38.5k), while imports destinations were mainly Dover (£1.25M), Immingham (£74k), Dover Eurotunnel (£67.7k), and Thamesport (£56.8k).

Growth In August 2024, the increase in United Kingdom's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in Leather of Other Animals (£231k or 2.09k%), Motor vehicles; parts and accessories (8701... (£74.2k or 283%), and Large Construction Vehicles (£47.3k or 228%). In August 2024, the decrease in United Kingdom's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in Paper Containers (£-162k or -40.8%), Insulated Wire (£-45.3k or -30.2%), and Other Aluminium Products (£-26.3k or -96.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£210k(11.5%)
IMPORT GROWTH (August 2023 - August 2024)£-2.37M(-51.8%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£1.31M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Bosnia and Herzegovina and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $64.1M to Bosnia and Herzegovina. The main products exported from United Kingdom to Bosnia and Herzegovina were Paintings ($5.87M), Cars ($4.56M), and Large Construction Vehicles ($4.08M). During the last 5 years the exports of United Kingdom to Bosnia and Herzegovina have decreased at an annualized rate of 2.39%, from $72.3M in 2017 to $64.1M in 2022.

Bosnia and Herzegovina does not register exports to United Kingdom. The main products exported from Bosnia and Herzegovina to United Kingdom were Seats ($6.57M), Aluminium Structures ($5.88M), and Rubber Footwear ($5.04M).

Exports from United Kingdom (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from United Kingdom than Bosnia and Herzegovina included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

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

Difference in imports from Bosnia and Herzegovina (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Bosnia and Herzegovina

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.9M), Chemical Products ($10.6M), and Transportation ($8.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Bosnia and Herzegovina+$8.15MCars
Top Product Potential Bosnia and Herzegovina United Kingdom+$8.83MSeats

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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Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to United Kingdom worth $26.3M, with Travel ($20.6M), Transportation ($4.7M), and Communications services ($1.01M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to United Kingdom (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Bosnia and Herzegovina (Flag) (2022)

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