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Pricing

2022
Flag → Flag
Exports $19.4MRnk 97 / 156
2022
Flag → Flag
Top Product $3.97MCars
2022
Flag → Flag
Exports $10.5MRnk 43 / 162
2022
Flag → Flag
Top Product $5.84MOther Zinc Products
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Mexico-Bosnia and Herzegovina Trade: In 2022, Mexico exported $19.4M to Bosnia and Herzegovina. The main products that Mexico exported to Bosnia and Herzegovina were Cars ($3.97M), Opto-Electric Instrument Parts ($3.37M), and Medical Instruments ($2.24M). Over the past 5 years the exports of Mexico to Bosnia and Herzegovina have increased at an annualized rate of 3.84%, from $16.1M in 2017 to $19.4M in 2022.

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

Bosnia and Herzegovina-Mexico Trade: In 2022, Bosnia and Herzegovina exported $10.5M to Mexico. The main products that Bosnia and Herzegovina exported to Mexico were Other Zinc Products ($5.84M), Ball Bearings ($1.63M), and Centrifuges ($580k). Over the past 5 years the exports of Bosnia and Herzegovina to Mexico have increased at an annualized rate of 5.05%,  from $8.2M in 2017 to $10.5M in 2022.

In 2019, Bosnia and Herzegovina exported services to Mexico worth $112k, with Travel ($112k) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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
Value

In 2022, Mexico exported $19.4M to Bosnia and Herzegovina. The main products exported from Mexico to Bosnia and Herzegovina were Cars ($3.97M), Opto-Electric Instrument Parts ($3.37M), and Medical Instruments ($2.24M). During the last 5 years the exports of Mexico to Bosnia and Herzegovina have increased at an annualized rate of 3.84%, from $16.1M in 2017 to $19.4M in 2022.

In 2017, Bosnia and Herzegovina exported $10.5M to Mexico. The main products exported from Bosnia and Herzegovina to Mexico were Other Zinc Products ($5.84M), Ball Bearings ($1.63M), and Centrifuges ($580k). During the last 5 years the exports of Bosnia and Herzegovina to Mexico have increased at an annualized rate of 5.05%, from $8.2M in 2022 to $10.5M in 2017.

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

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

Latest Data

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

Mexico Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Mexico than Bosnia and Herzegovina included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Bosnia and Herzegovina than Mexico included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

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

Comparative Advantage Mexico - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Mexico had a large net trade with Bosnia and Herzegovina in the exports of Instruments ($6.16M), Transportation ($5.1M), and Machines ($5.02M).

During 2017, Bosnia and Herzegovina had a large net trade with Mexico in the exports of Metals ($6.37M), Machines ($2.76M), and Plastics and Rubbers ($501k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Bosnia and Herzegovina+$6.94MCars
Top Product Potential Bosnia and Herzegovina Mexico+$2MMotor vehicles; parts and accessories (8701 to 8705)

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 Mexico worth $112k, with Travel ($112k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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