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Pricing

2022
Flag → Flag
Exports $14.5MRnk 64 / 168
2022
Flag → Flag
Top Product $14.3MSulfate Chemical Woodpulp
2022
Flag → Flag
Exports $558kRnk 94 / 162
2022
Flag → Flag
Top Product $157kOther Domestic Electric Housewares
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Uruguay-Bosnia and Herzegovina Trade: In 2022, Uruguay exported $14.5M to Bosnia and Herzegovina. The main products that Uruguay exported to Bosnia and Herzegovina were Sulfate Chemical Woodpulp ($14.3M), Non-fillet Frozen Fish ($169k), and Citrus ($36.5k). Over the past 5 years the exports of Uruguay to Bosnia and Herzegovina have increased at an annualized rate of 13.3%, from $7.74M in 2017 to $14.5M in 2022.

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

Bosnia and Herzegovina-Uruguay Trade: In 2022, Bosnia and Herzegovina exported $558k to Uruguay. The main products that Bosnia and Herzegovina exported to Uruguay were Other Domestic Electric Housewares ($157k), Leather Footwear ($129k), and Raw Tobacco ($96.1k). Over the past 5 years the exports of Bosnia and Herzegovina to Uruguay have increased at an annualized rate of 0.7%,  from $486k in 2017 to $558k in 2022.

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

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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, Uruguay exported $14.5M to Bosnia and Herzegovina. The main products exported from Uruguay to Bosnia and Herzegovina were Sulfate Chemical Woodpulp ($14.3M), Non-fillet Frozen Fish ($169k), and Citrus ($36.5k). During the last 5 years the exports of Uruguay to Bosnia and Herzegovina have increased at an annualized rate of 13.3%, from $7.74M in 2017 to $14.5M in 2022.

In 2017, Bosnia and Herzegovina exported $558k to Uruguay. The main products exported from Bosnia and Herzegovina to Uruguay were Other Domestic Electric Housewares ($157k), Leather Footwear ($129k), and Raw Tobacco ($96.1k). During the last 5 years the exports of Bosnia and Herzegovina to Uruguay have increased at an annualized rate of 0.7%, from $486k in 2022 to $558k in 2017.

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

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

Latest Data

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

Uruguay Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Uruguay than Bosnia and Herzegovina included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Bosnia and Herzegovina than Uruguay included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

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

Comparative Advantage Uruguay - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Uruguay had a large net trade with Bosnia and Herzegovina in the exports of Paper Goods ($14.3M), Animal Products ($169k), and Vegetable Products ($36.5k).

During 2017, Bosnia and Herzegovina had a large net trade with Uruguay in the exports of Machines ($239k), Footwear and Headwear ($152k), and Foodstuffs ($96.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Bosnia and Herzegovina+$42.7kNon-fillet Frozen Fish
Top Product Potential Bosnia and Herzegovina Uruguay+$110kMotor 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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Economic Complexity

Competitive Landscape

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

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

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