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Pricing

2022
Flag → Flag
Exports $2.42MRnk 77 / 162
2022
Flag → Flag
Top Product $1.62MExplosive Ammunition
2022
Flag → Flag
Exports $526kRnk 139 / 171
2022
Flag → Flag
Top Product $247kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Bosnia and Herzegovina-Oman Trade: In 2022, Bosnia and Herzegovina exported $2.42M to Oman. The main products that Bosnia and Herzegovina exported to Oman were Explosive Ammunition ($1.62M), Sawn Wood ($556k), and Apples and Pears ($68.6k). Over the past 5 years the exports of Bosnia and Herzegovina to Oman have increased at an annualized rate of 29.6%, from $663k in 2017 to $2.42M in 2022.

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

Oman-Bosnia and Herzegovina Trade: In 2022, Oman exported $526k to Bosnia and Herzegovina. The main products that Oman exported to Bosnia and Herzegovina were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($247k), Antimony ($184k), and Ethylene Polymers ($60.9k). Over the past 5 years the exports of Oman to Bosnia and Herzegovina have increased at an annualized rate of 14.9%,  from $262k in 2017 to $526k in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $2.42M to Oman. The main products exported from Bosnia and Herzegovina to Oman were Explosive Ammunition ($1.62M), Sawn Wood ($556k), and Apples and Pears ($68.6k). During the last 5 years the exports of Bosnia and Herzegovina to Oman have increased at an annualized rate of 29.6%, from $663k in 2017 to $2.42M in 2022.

In 2017, Oman exported $526k to Bosnia and Herzegovina. The main products exported from Oman to Bosnia and Herzegovina were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($247k), Antimony ($184k), and Ethylene Polymers ($60.9k). During the last 5 years the exports of Oman to Bosnia and Herzegovina have increased at an annualized rate of 14.9%, from $262k in 2022 to $526k in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Oman included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2022, countries that imported more from Oman than Bosnia and Herzegovina included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Bosnia and Herzegovina - Oman

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Oman in the exports of Weapons ($1.62M), Wood Products ($557k), and Chemical Products ($87.4k).

During 2017, Oman had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($275k), Metals ($184k), and Plastics and Rubbers ($61k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Oman+$379kSawn Wood
Top Product Potential Oman Bosnia and Herzegovina+$175kEthylene Polymers

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

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

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