2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

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.

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.

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $20.8k to Bosnia and Herzegovina. The main products exported from Namibia to Bosnia and Herzegovina were Grapes ($11.2k), Collector's Items ($5.18k), and Non-fillet Frozen Fish ($4.05k). During the last 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 2017, Bosnia and Herzegovina exported $3.65M to Namibia. The main products exported from Bosnia and Herzegovina to Namibia were Metalworking Machines ($944k), Electric Furnaces ($816k), and Other Non-Metal Removal Machinery ($677k). During the last 5 years the exports of Bosnia and Herzegovina to Namibia have increased at an annualized rate of 42%, from $633k in 2022 to $3.65M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

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

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

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

Comparative Advantage Namibia - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Namibia had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($11.2k), Arts and Antiques ($5.18k), and Animal Products ($4.05k).

During 2017, Bosnia and Herzegovina had a large net trade with Namibia in the exports of Machines ($3.01M), Instruments ($575k), and Metals ($28.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Bosnia and Herzegovina+$15.8kGrapes
Top Product Potential Bosnia and Herzegovina Namibia+$42.6kMedical Instruments

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

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

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