Bosnia and Herzegovina (BIH) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Uzbekistan Trade: In 2023, Bosnia and Herzegovina exported $413k to Uzbekistan. The main products that Bosnia and Herzegovina exported to Uzbekistan were Excavation Machinery ($347k), Centrifuges ($15.7k), and Other Domestic Electric Housewares ($7.98k). Over the past 5 years the exports of Bosnia and Herzegovina to Uzbekistan have increased at an annualized rate of 50.7%, from $53.2k in 2018 to $413k in 2023.

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

Uzbekistan-Bosnia and Herzegovina Trade: In 2023, Uzbekistan exported $1.02M to Bosnia and Herzegovina. The main products that Uzbekistan exported to Bosnia and Herzegovina were Copper Wire ($383k), Knit T-shirts ($167k), and Dried Legumes ($86k). Over the past 5 years the exports of Uzbekistan to Bosnia and Herzegovina have increased at an annualized rate of 3.8%, from $847k in 2018 to $1.02M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bosnia and Herzegovina exported $413k to Uzbekistan. The main products exported from Bosnia and Herzegovina to Uzbekistan were Excavation Machinery ($347k), Centrifuges ($15.7k), and Other Domestic Electric Housewares ($7.98k). During the last 5 years the exports of Bosnia and Herzegovina to Uzbekistan have increased at an annualized rate of 50.7%, from $53.2k in 2018 to $413k in 2023.

In 2018, Uzbekistan exported $1.02M to Bosnia and Herzegovina. The main products exported from Uzbekistan to Bosnia and Herzegovina were Copper Wire ($383k), Knit T-shirts ($167k), and Dried Legumes ($86k). During the last 5 years the exports of Uzbekistan to Bosnia and Herzegovina have increased at an annualized rate of 3.8%, from $847k in 2023 to $1.02M in 2018.

Exports from Bosnia and Herzegovina () to Uzbekistan () (2023)

Exports from Uzbekistan () to Bosnia and Herzegovina () (2023)

Latest Data

Trade between Bosnia and Herzegovina () and Uzbekistan ()

Bosnia and Herzegovina Exports

Date

Uzbekistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationGermany$1.48B

Uzbekistan
Top DestinationSwitzerland$8.18B

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

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

In 2023, countries that imported more from Uzbekistan than Bosnia and Herzegovina included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

Difference in imports from Uzbekistan () and Bosnia and Herzegovina () (2023)

Comparative Advantage Bosnia and Herzegovina - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bosnia and Herzegovina had a large net trade with Uzbekistan in the exports of Machines ($388k), Metals ($10.9k), and Instruments ($5.7k).

During 2018, Uzbekistan had a large net trade with Bosnia and Herzegovina in the exports of Metals ($383k), Textiles ($335k), and Vegetable Products ($164k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bosnia and Herzegovina Uzbekistan+$4.03kOther toys

Top Product Potential Uzbekistan Bosnia and Herzegovina+$123kNon-Retail Pure Cotton Yarn

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

Year

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Uzbekistan. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Bosnia and Herzegovina.

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Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Uzbekistan () (2023)

Exports from Uzbekistan () to Bosnia and Herzegovina () (2023)

Latest Data

Trade between Bosnia and Herzegovina () and Uzbekistan ()

Bosnia and Herzegovina Exports

Uzbekistan Exports

Market Competitiveness

Difference in imports from Uzbekistan () and Bosnia and Herzegovina () (2023)

Comparative Advantage Bosnia and Herzegovina - Uzbekistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Uzbekistan () (2023)

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