2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
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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
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
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GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Bosnia and Herzegovina-Mongolia In 2022, Bosnia and Herzegovina exported $366k to Mongolia. The main products that Bosnia and Herzegovina exported to Mongolia are Non-Knit Women's Coats ($111k), Industrial Fatty Acids, Oils and Alcohols ($88.5k), and Leather Footwear ($33.2k). During the last 15 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 10.3%, from $83.7k in 2007 to $366k in 2022.

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

Mongolia-Bosnia and Herzegovina In 2022, Mongolia exported $13.7k to Bosnia and Herzegovina. The main products that Mongolia exported to Bosnia and Herzegovina were Iron Gas Containers ($9.43k), Felt or Coated Fabric Garments ($3.49k), and Non-Knit Men's Suits ($470). During the last 15 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 16.6%, from $1.37k in 2007 to $13.7k in 2022.

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

Comparison In 2022,  Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $366k to Mongolia. The main products exported from Bosnia and Herzegovina to Mongolia were Non-Knit Women's Coats ($111k), Industrial Fatty Acids, Oils and Alcohols ($88.5k), and Leather Footwear ($33.2k). During the last 15 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 10.3%, from $83.7k in 2007 to $366k in 2022.

In 2022, Mongolia exported $13.7k to Bosnia and Herzegovina. The main products exported from Mongolia to Bosnia and Herzegovina were Iron Gas Containers ($9.43k), Felt or Coated Fabric Garments ($3.49k), and Non-Knit Men's Suits ($470). During the last 18 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 16.6%, from $1.37k in 2004 to $13.7k in 2022.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Bosnia and Herzegovina than Mongolia were Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2021, countries that imported more from Mongolia than Bosnia and Herzegovina were China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Bosnia and Herzegovina - Mongolia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Mongolia in the exports of Textiles ($165k), Chemical Products ($111k), and Footwear and Headwear ($38k).

During 2022, Mongolia had a large net trade with Bosnia and Herzegovina in the exports of Metals ($9.43k) and Textiles ($4.29k).

Economic Complexity

Competitive Landscape

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

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

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