Luxembourg (LUX) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Luxembourg-Bosnia and Herzegovina Trade: In 2022, Luxembourg exported $4.9M to Bosnia and Herzegovina. The main products that Luxembourg exported to Bosnia and Herzegovina were Rubber Tires ($957k), Beauty Products ($793k), and Cleaning Products ($512k). Over the past 5 years the exports of Luxembourg to Bosnia and Herzegovina have increased at an annualized rate of 3.5%, from $4.12M in 2017 to $4.9M in 2022.

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

Bosnia and Herzegovina-Luxembourg Trade: In 2022, Bosnia and Herzegovina exported $53.6M to Luxembourg. The main products that Bosnia and Herzegovina exported to Luxembourg were Motor vehicles; parts and accessories (8701 to 8705) ($47.3M), Plastic Building Materials ($1.1M), and Insulated Wire ($1.07M). Over the past 5 years the exports of Bosnia and Herzegovina to Luxembourg have increased at an annualized rate of 4.74%, from $42.5M in 2017 to $53.6M in 2022.

In 2019, Bosnia and Herzegovina exported services to Luxembourg worth $5.37M, with Travel ($4.03M), Personal, cultural, and recreational services ($1.12M), and Transportation ($224k) being the largest in terms of value.

Comparison In 2022, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Luxembourg exported $4.9M to Bosnia and Herzegovina. The main products exported from Luxembourg to Bosnia and Herzegovina were Rubber Tires ($957k), Beauty Products ($793k), and Cleaning Products ($512k). During the last 5 years the exports of Luxembourg to Bosnia and Herzegovina have increased at an annualized rate of 3.5%, from $4.12M in 2017 to $4.9M in 2022.

In 2017, Bosnia and Herzegovina exported $53.6M to Luxembourg. The main products exported from Bosnia and Herzegovina to Luxembourg were Motor vehicles; parts and accessories (8701 to 8705) ($47.3M), Plastic Building Materials ($1.1M), and Insulated Wire ($1.07M). During the last 5 years the exports of Bosnia and Herzegovina to Luxembourg have increased at an annualized rate of 4.74%, from $42.5M in 2022 to $53.6M in 2017.

Exports from Luxembourg () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Bosnia and Herzegovina ()

Luxembourg Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Luxembourg
Top DestinationGermany$4.15B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Luxembourg than Bosnia and Herzegovina included France ($3.07B), Germany ($4.15B), and Belgium ($2.09B).

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

Difference in imports from Bosnia and Herzegovina () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Luxembourg had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($1.72M), Plastics and Rubbers ($1.06M), and Machines ($1.01M).

During 2017, Bosnia and Herzegovina had a large net trade with Luxembourg in the exports of Transportation ($47.3M), Miscellaneous ($1.91M), and Plastics and Rubbers ($1.25M).

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Luxembourg worth $5.37M, with Travel ($4.03M), Personal, cultural, and recreational services ($1.12M), and Transportation ($224k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Luxembourg () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Luxembourg () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Bosnia and Herzegovina ()

Luxembourg Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Bosnia and Herzegovina

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Luxembourg () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Luxembourg () and Bosnia and Herzegovina () (2022)

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