2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 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
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Bosnia and Herzegovina-Nepal Trade: In 2022, Bosnia and Herzegovina exported $71.1k to Nepal. The main products that Bosnia and Herzegovina exported to Nepal were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Nepal have increased at an annualized rate of 5.52%, from $54.3k in 2017 to $71.1k in 2022.

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

Nepal-Bosnia and Herzegovina Trade: In 2022, Nepal exported $7.19k to Bosnia and Herzegovina. The main products that Nepal exported to Bosnia and Herzegovina were Scarves ($5.34k), Knit Sweaters ($442), and Knit Socks and Hosiery ($269). Over the past 5 years the exports of Nepal to Bosnia and Herzegovina have decreased at an annualized rate of 19%,  from $20.6k in 2017 to $7.19k in 2022.

In 2022, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $71.1k to Nepal. There were not main exports from Bosnia and Herzegovina to Nepal in 2022. During the last 5 years the exports of Bosnia and Herzegovina to Nepal have increased at an annualized rate of 5.52%, from $54.3k in 2017 to $71.1k in 2022.

In 2018, Nepal exported $7.19k to Bosnia and Herzegovina. The main products exported from Nepal to Bosnia and Herzegovina were Scarves ($5.34k), Knit Sweaters ($442), and Knit Socks and Hosiery ($269). During the last 5 years the exports of Nepal to Bosnia and Herzegovina have decreased at an annualized rate of 19%, from $20.6k in 2023 to $7.19k in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Bosnia and Herzegovina than Nepal included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Nepal than Bosnia and Herzegovina included India ($811M), Hong Kong ($4.35M), and Pakistan ($2.01M).

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

Comparative Advantage Bosnia and Herzegovina - Nepal

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Nepal in the exports of .

During 2018, Nepal had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($6.48k), Footwear and Headwear ($269), and Foodstuffs ($168).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Nepal+$9.52kCentrifuges
Top Product Potential Nepal Bosnia and Herzegovina+$10.1kKnit Sweaters

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

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

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