2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Bosnia and Herzegovina-Pakistan Trade: In 2023, Bosnia and Herzegovina exported $1.67M to Pakistan. The main products that Bosnia and Herzegovina exported to Pakistan were Electric Generating Sets ($946k), Sawn Wood ($561k), and Animal Food ($56.3k). Over the past 5 years the exports of Bosnia and Herzegovina to Pakistan have decreased at an annualized rate of 5.41%, from $2.2M in 2018 to $1.67M in 2023.

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

Pakistan-Bosnia and Herzegovina Trade: In 2023, Pakistan exported $19.4M to Bosnia and Herzegovina. The main products that Pakistan exported to Bosnia and Herzegovina were House Linens ($3.28M), Non-Knit Men's Suits ($2.23M), and Tanned Equine and Bovine Hides ($1.91M). Over the past 5 years the exports of Pakistan to Bosnia and Herzegovina have increased at an annualized rate of 13.4%,  from $10.4M in 2018 to $19.4M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $1.67M to Pakistan. The main products exported from Bosnia and Herzegovina to Pakistan were Electric Generating Sets ($946k), Sawn Wood ($561k), and Animal Food ($56.3k). During the last 5 years the exports of Bosnia and Herzegovina to Pakistan have decreased at an annualized rate of 5.41%, from $2.2M in 2018 to $1.67M in 2023.

In 2018, Pakistan exported $19.4M to Bosnia and Herzegovina. The main products exported from Pakistan to Bosnia and Herzegovina were House Linens ($3.28M), Non-Knit Men's Suits ($2.23M), and Tanned Equine and Bovine Hides ($1.91M). During the last 5 years the exports of Pakistan to Bosnia and Herzegovina have increased at an annualized rate of 13.4%, from $10.4M in 2023 to $19.4M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Pakistan Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Pakistan
Top Destination
United States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Bosnia and Herzegovina included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

Comparative Advantage Bosnia and Herzegovina - Pakistan

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Pakistan in the exports of Machines ($959k), Wood Products ($572k), and Foodstuffs ($56.3k).

During 2018, Pakistan had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($13.6M), Animal Hides ($3.5M), and Vegetable Products ($640k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Pakistan+$884kSawn Wood
Top Product Potential Pakistan Bosnia and Herzegovina+$1.62MHouse Linens

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

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

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