2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 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
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

Bosnia and Herzegovina-Gambia Trade: In 2023, Bosnia and Herzegovina exported $9.71k to Gambia. The main products that Bosnia and Herzegovina exported to Gambia were Motor vehicles; parts and accessories (8701 to 8705) ($4.15k), Combustion Engines ($2.19k), and Cars ($1.75k). Over the past 5 years the exports of Bosnia and Herzegovina to Gambia have increased at an annualized rate of 39.8%, from $1.82k in 2018 to $9.71k in 2023.

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

Gambia-Bosnia and Herzegovina Trade: In 2023, Gambia exported $953 to Bosnia and Herzegovina. The main products that Gambia exported to Bosnia and Herzegovina were N/A. Over the past 5 years the exports of Gambia to Bosnia and Herzegovina have decreased at an annualized rate of 12.1%,  from $1.82k in 2018 to $953 in 2023.

In 2023, Gambia 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, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $9.71k to Gambia. The main products exported from Bosnia and Herzegovina to Gambia were Motor vehicles; parts and accessories (8701 to 8705) ($4.15k), Combustion Engines ($2.19k), and Cars ($1.75k). During the last 5 years the exports of Bosnia and Herzegovina to Gambia have increased at an annualized rate of 39.8%, from $1.82k in 2018 to $9.71k in 2023.

In 2018, Gambia exported $953 to Bosnia and Herzegovina. There were not main exports from Gambia to Bosnia and Herzegovina in 2018. During the last 5 years the exports of Gambia to Bosnia and Herzegovina have decreased at an annualized rate of 12.1%, from $1.82k in 2023 to $953 in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Gambia
Top Destination
Kazakhstan$2.91B

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

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

In 2023, countries that imported more from Gambia than Bosnia and Herzegovina included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and India ($42.5M).

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

Comparative Advantage Bosnia and Herzegovina - Gambia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Gambia in the exports of Transportation ($5.96k), Machines ($2.37k), and Miscellaneous ($550).

During 2018, Gambia had a large net trade with Bosnia and Herzegovina in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Gambia+$1.26kOther Furniture
Top Product Potential Gambia Bosnia and Herzegovina+$1.2kRefined 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

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

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

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