Bosnia and Herzegovina (BIH) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Turkmenistan Trade: In 2019, Bosnia and Herzegovina exported $19.2k to Turkmenistan. The main products that Bosnia and Herzegovina exported to Turkmenistan were N/A. Over the past 16 years the exports of Bosnia and Herzegovina to Turkmenistan have decreased at an annualized rate of 4.63%, from $41k in 2003 to $19.2k in 2019.

In 2019, Bosnia and Herzegovina did not export any services to Turkmenistan.

Turkmenistan-Bosnia and Herzegovina Trade: In 2019, Turkmenistan exported $107k to Bosnia and Herzegovina. The main products that Turkmenistan exported to Bosnia and Herzegovina were Non-Knit Men's Suits ($73.6k), Nitrogenous Fertilizers ($24.4k), and Non-Knit Women's Suits ($5.31k). Over the past 16 years the exports of Turkmenistan to Bosnia and Herzegovina have increased at an annualized rate of 3.4%, from $58.5k in 2003 to $107k in 2019.

In 2019, Turkmenistan 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, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Bosnia and Herzegovina exported $19.2k to Turkmenistan. There were not main exports from Bosnia and Herzegovina to Turkmenistan in 2019. During the last 16 years the exports of Bosnia and Herzegovina to Turkmenistan have decreased at an annualized rate of 4.63%, from $41k in 2003 to $19.2k in 2019.

In 2017, Turkmenistan exported $107k to Bosnia and Herzegovina. The main products exported from Turkmenistan to Bosnia and Herzegovina were Non-Knit Men's Suits ($73.6k), Nitrogenous Fertilizers ($24.4k), and Non-Knit Women's Suits ($5.31k). During the last 5 years the exports of Turkmenistan to Bosnia and Herzegovina have increased at an annualized rate of 3.4%, from $58.5k in 2022 to $107k in 2017.

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Turkmenistan ()

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Turkmenistan
Top DestinationChina$8.88B

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

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

In 2022, countries that imported more from Turkmenistan than Bosnia and Herzegovina included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

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

Comparative Advantage Bosnia and Herzegovina - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Bosnia and Herzegovina had a large net trade with Turkmenistan in the exports of .

During 2017, Turkmenistan had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($81.8k), Chemical Products ($24.4k), and Machines ($640).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Turkmenistan ()

Bosnia and Herzegovina Exports

Market Competitiveness

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

Comparative Advantage Bosnia and Herzegovina - Turkmenistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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