Bosnia and Herzegovina (BIH) and Namibia (NAM) Trade | The Observatory of Economic Complexity

2022

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Exports $3.65MRnk 64 / 162

2022

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Bosnia and Herzegovina-Namibia Trade: In 2022, Bosnia and Herzegovina exported $3.65M to Namibia. The main products that Bosnia and Herzegovina exported to Namibia were Metalworking Machines ($944k), Electric Furnaces ($816k), and Other Non-Metal Removal Machinery ($677k). Over the past 5 years the exports of Bosnia and Herzegovina to Namibia have increased at an annualized rate of 42%, from $633k in 2017 to $3.65M in 2022.

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

Namibia-Bosnia and Herzegovina Trade: In 2022, Namibia exported $20.8k to Bosnia and Herzegovina. The main products that Namibia exported to Bosnia and Herzegovina were Grapes ($11.2k), Collector's Items ($5.18k), and Non-fillet Frozen Fish ($4.05k). Over the past 5 years the exports of Namibia to Bosnia and Herzegovina have decreased at an annualized rate of 60.1%, from $2.06M in 2017 to $20.8k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Latest Data

Trade between Bosnia and Herzegovina () and Namibia ()

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Namibia
Top DestinationSouth Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Bosnia and Herzegovina included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Potential Exports

Depth

Section

HS2

HS4

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Top 20

Top 15

Top 10

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Highest Potential

Most Saturated

Section

Top Product Potential Bosnia and Herzegovina Namibia+$42.6kMedical Instruments

Top Product Potential Namibia Bosnia and Herzegovina+$15.8kGrapes

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

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Historical Data

Latest Data

Trade between Bosnia and Herzegovina () and Namibia ()

Bosnia and Herzegovina Exports

Market Competitiveness

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

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Namibia () (NaN)

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