NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $11.4MRnk 43 / 130
2023
Flag → Flag
Top Product $4.97MStyrene Polymers
2023
Flag → Flag
Exports $1.18MRnk 85 / 159
2023
Flag → Flag
Top Product $780kLiquid Pumps
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Iran-Bosnia and Herzegovina Trade: In 2023, Iran exported $11.4M to Bosnia and Herzegovina. The main products that Iran exported to Bosnia and Herzegovina were Styrene Polymers ($4.97M), Tropical Fruits ($2.1M), and Processed Tomatoes ($1.62M). Over the past 5 years the exports of Iran to Bosnia and Herzegovina have decreased at an annualized rate of 34%, from $91.4M in 2018 to $11.4M in 2023.

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

Bosnia and Herzegovina-Iran Trade: In 2023, Bosnia and Herzegovina exported $1.18M to Iran. The main products that Bosnia and Herzegovina exported to Iran were Liquid Pumps ($780k), Interchangeable Tool Parts ($192k), and Sawn Wood ($118k). Over the past 5 years the exports of Bosnia and Herzegovina to Iran have decreased at an annualized rate of 9.28%,  from $1.92M in 2018 to $1.18M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $11.4M to Bosnia and Herzegovina. The main products exported from Iran to Bosnia and Herzegovina were Styrene Polymers ($4.97M), Tropical Fruits ($2.1M), and Processed Tomatoes ($1.62M). During the last 5 years the exports of Iran to Bosnia and Herzegovina have decreased at an annualized rate of 34%, from $91.4M in 2018 to $11.4M in 2023.

In 2018, Bosnia and Herzegovina exported $1.18M to Iran. The main products exported from Bosnia and Herzegovina to Iran were Liquid Pumps ($780k), Interchangeable Tool Parts ($192k), and Sawn Wood ($118k). During the last 5 years the exports of Bosnia and Herzegovina to Iran have decreased at an annualized rate of 9.28%, from $1.92M in 2023 to $1.18M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Iran than Bosnia and Herzegovina included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Bosnia and Herzegovina than Iran included Croatia ($1.39B), Germany ($1.48B), and Serbia ($1.18B).

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

Comparative Advantage Iran - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Iran had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($5.05M), Vegetable Products ($2.27M), and Foodstuffs ($1.91M).

During 2018, Bosnia and Herzegovina had a large net trade with Iran in the exports of Machines ($787k), Metals ($192k), and Wood Products ($175k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Bosnia and Herzegovina+$1.21MEthylene Polymers
Top Product Potential Bosnia and Herzegovina Iran+$376kLiquid Pumps

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms