Bosnia and Herzegovina (BIH) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Burundi Trade: In 2022, Bosnia and Herzegovina exported $4.67k to Burundi. The main products that Bosnia and Herzegovina exported to Burundi were Special purpose motor vehicles ($3.77k), Motor vehicles; parts and accessories (8701 to 8705) ($764), and Electrical Transformers ($132). Over the past 6 years the exports of Bosnia and Herzegovina to Burundi have decreased at an annualized rate of 30.5%, from $41.3k in 2016 to $4.67k in 2022.

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

Burundi-Bosnia and Herzegovina In N/A, Burundi did not export any products to Bosnia and Herzegovina.

In 2022, Burundi 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, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bosnia and Herzegovina exported $4.67k to Burundi. The main products exported from Bosnia and Herzegovina to Burundi were Special purpose motor vehicles ($3.77k), Motor vehicles; parts and accessories (8701 to 8705) ($764), and Electrical Transformers ($132). During the last 6 years the exports of Bosnia and Herzegovina to Burundi have decreased at an annualized rate of 30.5%, from $41.3k in 2016 to $4.67k in 2022.

Burundi does not register exports to Bosnia and Herzegovina. The main products exported from Burundi to Bosnia and Herzegovina were Travel Kits ($383) and Raw Plastic Sheeting ($38).

Exports from Bosnia and Herzegovina () to Burundi () (2022)

Exports from Burundi () to Bosnia and Herzegovina () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Bosnia and Herzegovina included United Arab Emirates ($59.9M), Democratic Republic of the Congo ($25.7M), and Sudan ($9.21M).

Difference in imports from Burundi () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bosnia and Herzegovina had a large net trade with Burundi in the exports of Transportation ($4.53k) and Machines ($132).

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 Burundi+$3.8kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Burundi Bosnia and Herzegovina+$2.13kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Burundi () (2022)

Exports from Burundi () to Bosnia and Herzegovina () (2022)

Market Competitiveness

Difference in imports from Burundi () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Burundi () (2022)

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