2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 65 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 6 / 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
$2,183CURRENT US$
Rnk 153 / 196
2013-2023
Flag
GDP PC GROWTH
91.8%CURRENT US$
Rnk 12 / 195

About

Bosnia and Herzegovina-Sudan Trade: In 2023, Bosnia and Herzegovina exported $29.9k to Sudan. The main products that Bosnia and Herzegovina exported to Sudan were Motor vehicles; parts and accessories (8701 to 8705) ($19.1k), Combustion Engines ($5.62k), and Glass Mirrors ($1.09k). Over the past 5 years the exports of Bosnia and Herzegovina to Sudan have decreased at an annualized rate of 61.6%, from $3.57M in 2018 to $29.9k in 2023.

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

Sudan-Bosnia and Herzegovina Trade: In 2023, Sudan exported $10.2k to Bosnia and Herzegovina. The main products that Sudan exported to Bosnia and Herzegovina were Synthetic Coloring Matter ($6.04k), Insect Resins ($2.91k), and Seats ($921). Over the past 5 years the exports of Sudan to Bosnia and Herzegovina have decreased at an annualized rate of 37.2%,  from $104k in 2018 to $10.2k in 2023.

In 2023, Sudan 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, Sudan ranked 121 in the Economic Complexity Index (ECI -1.24), and 128 in total exports ($5.09B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $29.9k to Sudan. The main products exported from Bosnia and Herzegovina to Sudan were Motor vehicles; parts and accessories (8701 to 8705) ($19.1k), Combustion Engines ($5.62k), and Glass Mirrors ($1.09k). During the last 5 years the exports of Bosnia and Herzegovina to Sudan have decreased at an annualized rate of 61.6%, from $3.57M in 2018 to $29.9k in 2023.

In 2018, Sudan exported $10.2k to Bosnia and Herzegovina. The main products exported from Sudan to Bosnia and Herzegovina were Synthetic Coloring Matter ($6.04k), Insect Resins ($2.91k), and Seats ($921). During the last 5 years the exports of Sudan to Bosnia and Herzegovina have decreased at an annualized rate of 37.2%, from $104k in 2023 to $10.2k in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Sudan
Top Destination
United Arab Emirates$1.09B

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

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

In 2023, countries that imported more from Sudan than Bosnia and Herzegovina included United Arab Emirates ($1.09B), China ($882M), and Saudi Arabia ($802M).

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

Comparative Advantage Bosnia and Herzegovina - Sudan

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Sudan in the exports of Transportation ($19.1k), Machines ($8.63k), and Stone And Glass ($1.09k).

During 2018, Sudan had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($6.04k), Vegetable Products ($2.95k), and Miscellaneous ($921).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Sudan+$85.7kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Sudan Bosnia and Herzegovina+$111kRaw Cotton

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

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

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