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Pricing

2022
Flag → Flag
Exports $366kRnk 105 / 162
2022
Flag → Flag
Top Product $111kNon-Knit Women's Coats
2022
Flag → Flag
Exports $13.7kRnk 82 / 113
2022
Flag → Flag
Top Product $9.43kIron Gas Containers
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

Bosnia and Herzegovina-Mongolia Trade: In 2022, Bosnia and Herzegovina exported $366k to Mongolia. The main products that Bosnia and Herzegovina exported to Mongolia were Non-Knit Women's Coats ($111k), Industrial Fatty Acids, Oils and Alcohols ($88.5k), and Leather Footwear ($33.2k). Over the past 5 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 25.4%, from $118k in 2017 to $366k in 2022.

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

Mongolia-Bosnia and Herzegovina Trade: In 2022, Mongolia exported $13.7k to Bosnia and Herzegovina. The main products that Mongolia exported to Bosnia and Herzegovina were Iron Gas Containers ($9.43k), Felt or Coated Fabric Garments ($3.49k), and Non-Knit Men's Suits ($470). Over the past 5 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 43.6%,  from $2.24k in 2017 to $13.7k in 2022.

In 2022, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $366k to Mongolia. The main products exported from Bosnia and Herzegovina to Mongolia were Non-Knit Women's Coats ($111k), Industrial Fatty Acids, Oils and Alcohols ($88.5k), and Leather Footwear ($33.2k). During the last 5 years the exports of Bosnia and Herzegovina to Mongolia have increased at an annualized rate of 25.4%, from $118k in 2017 to $366k in 2022.

In 2017, Mongolia exported $13.7k to Bosnia and Herzegovina. The main products exported from Mongolia to Bosnia and Herzegovina were Iron Gas Containers ($9.43k), Felt or Coated Fabric Garments ($3.49k), and Non-Knit Men's Suits ($470). During the last 5 years the exports of Mongolia to Bosnia and Herzegovina have increased at an annualized rate of 43.6%, from $2.24k in 2022 to $13.7k in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Mongolia
Top DestinationChina$10.6B

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

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

In 2022, countries that imported more from Mongolia than Bosnia and Herzegovina included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Bosnia and Herzegovina - Mongolia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Mongolia in the exports of Textiles ($165k), Chemical Products ($111k), and Footwear and Headwear ($38k).

During 2017, Mongolia had a large net trade with Bosnia and Herzegovina in the exports of Metals ($9.43k) and Textiles ($4.29k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Mongolia+$58kLeather Footwear
Top Product Potential Mongolia Bosnia and Herzegovina+$4.06kCoal Briquettes

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

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

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