2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Turkmenistan-Bosnia and Herzegovina In 2022, Turkmenistan exported $107k to Bosnia and Herzegovina. The main products that Turkmenistan exported to Bosnia and Herzegovina are Non-Knit Men's Suits ($73.6k), Nitrogenous Fertilizers ($24.4k), and Non-Knit Women's Suits ($5.31k). During the last 18 years the exports of Turkmenistan to Bosnia and Herzegovina have increased at an annualized rate of 3.45%, from $58.1k in 2004 to $107k in 2022.

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

Bosnia and Herzegovina-Turkmenistan In 2022, Bosnia and Herzegovina exported $19.2k to Turkmenistan. The main products that Bosnia and Herzegovina exported to Turkmenistan were N/A. During the last 18 years the exports of Bosnia and Herzegovina to Turkmenistan have decreased at an annualized rate of 4.13%, from $41k in 2004 to $19.2k in 2022.

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

Comparison In 2022,  Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B). That same year, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $107k to Bosnia and Herzegovina. The main products exported from Turkmenistan to Bosnia and Herzegovina were Non-Knit Men's Suits ($73.6k), Nitrogenous Fertilizers ($24.4k), and Non-Knit Women's Suits ($5.31k). During the last 18 years the exports of Turkmenistan to Bosnia and Herzegovina have increased at an annualized rate of 3.45%, from $58.1k in 2004 to $107k in 2022.

In 2019, Bosnia and Herzegovina exported $19.2k to Turkmenistan. There were not main exports from Bosnia and Herzegovina to Turkmenistan in 2019. During the last 16 years the exports of Bosnia and Herzegovina to Turkmenistan have decreased at an annualized rate of 4.13%, from $41k in 2003 to $19.2k in 2019.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2021, countries that imported more from Turkmenistan than Bosnia and Herzegovina were China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

In 2021, countries that imported more from Bosnia and Herzegovina than Turkmenistan were Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

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

Comparative Advantage Turkmenistan - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($81.8k), Chemical Products ($24.4k), and Machines ($640).

During 2019, Bosnia and Herzegovina had a large net trade with Turkmenistan in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkmenistan has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Turkmenistan.

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

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