Bosnia and Herzegovina (BIH) and Mongolia (MNG) Trade | OEC - The Observatory of Economic Complexity

About

Bosnia and Herzegovina-Mongolia In 2021, Bosnia and Herzegovina exported $202k to Mongolia. The main products that Bosnia and Herzegovina exported to Mongolia are Non-Knit Women's Coats ($58.2k), Leather Footwear ($33.6k), and Non-Knit Men's Coats ($30.3k). During the last 14 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 6.51%, from $83.7k in 2007 to $202k in 2021.

In 2021, Bosnia and Herzegovina did not export any services to Mongolia.

Mongolia-Bosnia and Herzegovina In 2021, Mongolia exported $8.07k to Bosnia and Herzegovina. The main products that Mongolia exported to Bosnia and Herzegovina were Rubber Footwear ($4.12k), Felt or Coated Fabric Garments ($3.08k), and Non-Knit Men's Suits ($626). During the last 14 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 13.5%, from $1.37k in 2007 to $8.07k in 2021.

In 2021, Mongolia did not export any services to Bosnia and Herzegovina.

Comparison In 2021, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.65), and 97 in total exports ($9.57B). That same year, Mongolia ranked 117 in the Economic Complexity Index (ECI -1.23), and 95 in total exports ($10.5B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Bosnia and Herzegovina exported $202k to Mongolia. The main products exported from Bosnia and Herzegovina to Mongolia were Non-Knit Women's Coats ($58.2k), Leather Footwear ($33.6k), and Non-Knit Men's Coats ($30.3k). During the last 14 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 6.51%, from $83.7k in 2007 to $202k in 2021.

In 2021, Mongolia exported $8.07k to Bosnia and Herzegovina. The main products exported from Mongolia to Bosnia and Herzegovina were Rubber Footwear ($4.12k), Felt or Coated Fabric Garments ($3.08k), and Non-Knit Men's Suits ($626). During the last 17 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 13.5%, from $1.37k in 2004 to $8.07k in 2021.

Latest Data

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

SectionYear

Bosnia and Herzegovina
Top Destination: Italy, $1.4B

Mongolia
Top Destination: China, $7.64B

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 Italy ($1.4B), Germany ($1.28B), and Croatia ($1.14B).

In 2021, countries that imported more from Mongolia than Bosnia and Herzegovina were China ($7.64B), Switzerland ($1.97B), and Singapore ($255M).

Comparative Advantage Bosnia and Herzegovina - Mongolia

Flow

Scale

Year

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

During 2021, Bosnia and Herzegovina had a large net trade with Mongolia in the exports of Textiles ($113k), Footwear and Headwear ($47.5k), and Machines ($26.8k).

During 2021, Mongolia had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($4.12k), Textiles ($3.71k), and Machines ($240).

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 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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Bosnia and Herzegovina Exports

Market Competitiveness

Comparative Advantage Bosnia and Herzegovina - Mongolia

Economic Complexity

Competitive Landscape

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