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2023
Flag → Flag
Exports $50.9MRnk 84 / 211
2023
Flag → Flag
Top Product $13.7MPackaged Medicaments
2023
Flag → Flag
Exports $5.74MRnk 56 / 159
2023
Flag → Flag
Top Product $1.02MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
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 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
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GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Ireland-Bosnia and Herzegovina Trade: In 2023, Ireland exported $50.9M to Bosnia and Herzegovina. The main products that Ireland exported to Bosnia and Herzegovina were Packaged Medicaments ($13.7M), Scented Mixtures ($10.5M), and Industrial Fatty Acids, Oils and Alcohols ($7.51M). Over the past 5 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 8.63%, from $33.6M in 2018 to $50.9M in 2023.

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

Bosnia and Herzegovina-Ireland Trade: In 2023, Bosnia and Herzegovina exported $5.74M to Ireland. The main products that Bosnia and Herzegovina exported to Ireland were Medical Instruments ($1.02M), Other Leather Articles ($847k), and Motor vehicles; parts and accessories (8701 to 8705) ($700k). Over the past 5 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 19.3%,  from $2.37M in 2018 to $5.74M in 2023.

In 2019, Bosnia and Herzegovina exported services to Ireland worth $8.84M, with Travel ($6.49M) and Transportation ($2.35M) being the largest in terms of value.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Bosnia and Herzegovina, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Bosnia and Herzegovina were . In N/A the top imports of Ireland from Bosnia and Herzegovina were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Bosnia and Herzegovina was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and Ireland Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $50.9M to Bosnia and Herzegovina. The main products exported from Ireland to Bosnia and Herzegovina were Packaged Medicaments ($13.7M), Scented Mixtures ($10.5M), and Industrial Fatty Acids, Oils and Alcohols ($7.51M). During the last 5 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 8.63%, from $33.6M in 2018 to $50.9M in 2023.

In 2018, Bosnia and Herzegovina exported $5.74M to Ireland. The main products exported from Bosnia and Herzegovina to Ireland were Medical Instruments ($1.02M), Other Leather Articles ($847k), and Motor vehicles; parts and accessories (8701 to 8705) ($700k). During the last 5 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 19.3%, from $2.37M in 2023 to $5.74M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Ireland than Bosnia and Herzegovina included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Ireland had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($37.4M), Machines ($3.31M), and Foodstuffs ($2.94M).

During 2018, Bosnia and Herzegovina had a large net trade with Ireland in the exports of Instruments ($1.02M), Footwear and Headwear ($858k), and Animal Hides ($852k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Bosnia and Herzegovina+$8.81MPackaged Medicaments
Top Product Potential Bosnia and Herzegovina Ireland+$848kMedical Instruments

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 Ireland worth $8.84M, with Travel ($6.49M) and Transportation ($2.35M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Ireland (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ireland and Bosnia and Herzegovina. This means that a dot/product with the flag of Ireland 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 Ireland.

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

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