2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Bosnia and Herzegovina-Kazakhstan Trade: In 2022, Bosnia and Herzegovina exported $2.06M to Kazakhstan. The main products that Bosnia and Herzegovina exported to Kazakhstan were Cars ($882k), Packaged Medicaments ($446k), and Recreational Boats ($100k). Over the past 5 years the exports of Bosnia and Herzegovina to Kazakhstan have increased at an annualized rate of 25.5%, from $662k in 2017 to $2.06M in 2022.

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

Kazakhstan-Bosnia and Herzegovina Trade: In 2022, Kazakhstan exported $26.5M to Bosnia and Herzegovina. The main products that Kazakhstan exported to Bosnia and Herzegovina were Raw Aluminium ($15.1M), Coal Briquettes ($4.91M), and Ferroalloys ($3.09M). Over the past 5 years the exports of Kazakhstan to Bosnia and Herzegovina have increased at an annualized rate of 44.2%,  from $4.25M in 2017 to $26.5M in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $2.06M to Kazakhstan. The main products exported from Bosnia and Herzegovina to Kazakhstan were Cars ($882k), Packaged Medicaments ($446k), and Recreational Boats ($100k). During the last 5 years the exports of Bosnia and Herzegovina to Kazakhstan have increased at an annualized rate of 25.5%, from $662k in 2017 to $2.06M in 2022.

In 2017, Kazakhstan exported $26.5M to Bosnia and Herzegovina. The main products exported from Kazakhstan to Bosnia and Herzegovina were Raw Aluminium ($15.1M), Coal Briquettes ($4.91M), and Ferroalloys ($3.09M). During the last 5 years the exports of Kazakhstan to Bosnia and Herzegovina have increased at an annualized rate of 44.2%, from $4.25M in 2022 to $26.5M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Kazakhstan Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Kazakhstan
Top Destination
China$13.4B

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

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

In 2022, countries that imported more from Kazakhstan than Bosnia and Herzegovina included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Bosnia and Herzegovina - Kazakhstan

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Kazakhstan in the exports of Transportation ($996k), Chemical Products ($502k), and Textiles ($238k).

During 2017, Kazakhstan had a large net trade with Bosnia and Herzegovina in the exports of Metals ($18.3M), Mineral Products ($7.56M), and Machines ($476k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Kazakhstan+$698kPackaged Medicaments
Top Product Potential Kazakhstan Bosnia and Herzegovina+$3.76MRefined Petroleum

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 Bosnia and Herzegovina and Kazakhstan. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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