2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Bosnia and Herzegovina-Malaysia Trade: In 2023, Bosnia and Herzegovina exported $12.3M to Malaysia. The main products that Bosnia and Herzegovina exported to Malaysia were Explosive Ammunition ($7.02M), Seed Oils ($1.54M), and Military Weapons ($1.51M). Over the past 5 years the exports of Bosnia and Herzegovina to Malaysia have increased at an annualized rate of 44.9%, from $1.92M in 2018 to $12.3M in 2023.

In 2019, Bosnia and Herzegovina exported services to Malaysia worth $10.5M, with Travel ($10.1M) and Transportation ($448k) being the largest in terms of value.

Malaysia-Bosnia and Herzegovina Trade: In 2023, Malaysia exported $22.7M to Bosnia and Herzegovina. The main products that Malaysia exported to Bosnia and Herzegovina were Raw Tin ($5.96M), Gas and Liquid Flow Measuring Instruments ($1.35M), and Rubber Apparel ($1.26M). Over the past 5 years the exports of Malaysia to Bosnia and Herzegovina have increased at an annualized rate of 14.2%,  from $11.7M in 2018 to $22.7M in 2023.

In 2023, Malaysia did not export any services to Bosnia and Herzegovina.

Comparison: In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $12.3M to Malaysia. The main products exported from Bosnia and Herzegovina to Malaysia were Explosive Ammunition ($7.02M), Seed Oils ($1.54M), and Military Weapons ($1.51M). During the last 5 years the exports of Bosnia and Herzegovina to Malaysia have increased at an annualized rate of 44.9%, from $1.92M in 2018 to $12.3M in 2023.

In 2018, Malaysia exported $22.7M to Bosnia and Herzegovina. The main products exported from Malaysia to Bosnia and Herzegovina were Raw Tin ($5.96M), Gas and Liquid Flow Measuring Instruments ($1.35M), and Rubber Apparel ($1.26M). During the last 5 years the exports of Malaysia to Bosnia and Herzegovina have increased at an annualized rate of 14.2%, from $11.7M in 2023 to $22.7M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

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

Bosnia and Herzegovina Exports

Malaysia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Malaysia included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

In 2023, countries that imported more from Malaysia than Bosnia and Herzegovina included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Malaysia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Malaysia in the exports of Weapons ($8.54M), Animal and Vegetable Bi-Products ($1.54M), and Paper Goods ($1.48M).

During 2018, Malaysia had a large net trade with Bosnia and Herzegovina in the exports of Machines ($7.11M), Metals ($7.01M), and Plastics and Rubbers ($2.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Malaysia+$1.06MInsulated Wire
Top Product Potential Malaysia Bosnia and Herzegovina+$2.04MTelephones

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

Product Space of Bosnia and Herzegovina (Flag) and Malaysia (Flag) (2023)

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