Estonia (EST) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Estonia-Bosnia and Herzegovina In 2022, Estonia exported $3.96M to Bosnia and Herzegovina. The main products that Estonia exported to Bosnia and Herzegovina are Processed Fish ($970k), Telephones ($614k), and Cars ($482k). During the last 25 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 19.1%, from $49.8k in 1997 to $3.96M in 2022.

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

Bosnia and Herzegovina-Estonia In 2022, Bosnia and Herzegovina exported $3.66M to Estonia. The main products that Bosnia and Herzegovina exported to Estonia were Prefabricated Buildings ($1.51M), Detonating Fuses ($979k), and Veneer Sheets ($202k). During the last 25 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 26.5%, from $10.3k in 1997 to $3.66M in 2022.

In 2019, Bosnia and Herzegovina exported services to Estonia worth $1.01M, with Travel ($672k) and Transportation ($336k) being the largest in terms of value.

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), 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, Estonia exported $3.96M to Bosnia and Herzegovina. The main products exported from Estonia to Bosnia and Herzegovina were Processed Fish ($970k), Telephones ($614k), and Cars ($482k). During the last 25 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 19.1%, from $49.8k in 1997 to $3.96M in 2022.

In 2022, Bosnia and Herzegovina exported $3.66M to Estonia. The main products exported from Bosnia and Herzegovina to Estonia were Prefabricated Buildings ($1.51M), Detonating Fuses ($979k), and Veneer Sheets ($202k). During the last 24 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 26.5%, from $10.3k in 1998 to $3.66M in 2022.

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

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

Latest Data

Trade between Estonia () and Bosnia and Herzegovina ()

Estonia Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2021, countries that imported more from Estonia than Bosnia and Herzegovina were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Bosnia and Herzegovina than Estonia were Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

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

Comparative Advantage Estonia - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($1.22M), Machines ($812k), and Transportation ($535k).

During 2022, Bosnia and Herzegovina had a large net trade with Estonia in the exports of Miscellaneous ($1.66M), Chemical Products ($982k), and Wood Products ($305k).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Estonia worth $1.01M, with Travel ($672k) and Transportation ($336k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

Year

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 Estonia has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Estonia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Estonia () and Bosnia and Herzegovina ()

Estonia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

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

Comparative Advantage Estonia - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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