2022
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GDP
$529BCURRENT US$
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GDP GROWTH
135%CURRENT US$
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 GDP
$24.5BCURRENT US$
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GDP GROWTH
42.4%CURRENT US$
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GDP PC 
$104,039CURRENT US$
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GDP PC GROWTH
112%CURRENT US$
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GDP PC
$7,585CURRENT US$
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GDP PC GROWTH
61.8%CURRENT US$
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About

Ireland-Bosnia and Herzegovina In 2022, Ireland exported $39.7M to Bosnia and Herzegovina. The main products that Ireland exported to Bosnia and Herzegovina are Packaged Medicaments ($10.5M), Scented Mixtures ($9.3M), and Industrial Fatty Acids, Oils and Alcohols ($6.06M). During the last 27 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 16.4%, from $652k in 1995 to $39.7M in 2022.

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

Bosnia and Herzegovina-Ireland In 2022, Bosnia and Herzegovina exported $4.23M to Ireland. The main products that Bosnia and Herzegovina exported to Ireland were Medical Instruments ($897k), Rubber Footwear ($599k), and Motor vehicles; parts and accessories (8701 to 8705) ($495k). During the last 27 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 37.4%, from $801 in 1995 to $4.23M in 2022.

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 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $39.7M to Bosnia and Herzegovina. The main products exported from Ireland to Bosnia and Herzegovina were Packaged Medicaments ($10.5M), Scented Mixtures ($9.3M), and Industrial Fatty Acids, Oils and Alcohols ($6.06M). During the last 27 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 16.4%, from $652k in 1995 to $39.7M in 2022.

In 2022, Bosnia and Herzegovina exported $4.23M to Ireland. The main products exported from Bosnia and Herzegovina to Ireland were Medical Instruments ($897k), Rubber Footwear ($599k), and Motor vehicles; parts and accessories (8701 to 8705) ($495k). During the last 27 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 37.4%, from $801 in 1995 to $4.23M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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 2021, countries that imported more from Ireland than Bosnia and Herzegovina were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Bosnia and Herzegovina than Ireland were Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

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

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 2022, Ireland had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($29.9M), Instruments ($2.49M), and Machines ($2.41M).

During 2022, Bosnia and Herzegovina had a large net trade with Ireland in the exports of Instruments ($929k), Footwear and Headwear ($752k), and Chemical Products ($601k).

Service Trade

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)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Ireland.

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

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