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Pricing

2023
Flag → Flag
Exports $2.84MRnk 117 / 171
2023
Flag → Flag
Top Product $2.71MRaw Aluminium
2023
Flag → Flag
Exports $1.14MRnk 86 / 159
2023
Flag → Flag
Top Product $435kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Oman-Bosnia and Herzegovina Trade: In 2023, Oman exported $2.84M to Bosnia and Herzegovina. The main products that Oman exported to Bosnia and Herzegovina were Raw Aluminium ($2.71M), Ethylene Polymers ($93.1k), and Perfumes ($31.8k). Over the past 5 years the exports of Oman to Bosnia and Herzegovina have increased at an annualized rate of 52.4%, from $345k in 2018 to $2.84M in 2023.

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

Bosnia and Herzegovina-Oman Trade: In 2023, Bosnia and Herzegovina exported $1.14M to Oman. The main products that Bosnia and Herzegovina exported to Oman were Sawn Wood ($435k), Carbonates ($347k), and Cars ($168k). Over the past 5 years the exports of Bosnia and Herzegovina to Oman have decreased at an annualized rate of 8.26%,  from $1.75M in 2018 to $1.14M in 2023.

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

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $2.84M to Bosnia and Herzegovina. The main products exported from Oman to Bosnia and Herzegovina were Raw Aluminium ($2.71M), Ethylene Polymers ($93.1k), and Perfumes ($31.8k). During the last 5 years the exports of Oman to Bosnia and Herzegovina have increased at an annualized rate of 52.4%, from $345k in 2018 to $2.84M in 2023.

In 2018, Bosnia and Herzegovina exported $1.14M to Oman. The main products exported from Bosnia and Herzegovina to Oman were Sawn Wood ($435k), Carbonates ($347k), and Cars ($168k). During the last 5 years the exports of Bosnia and Herzegovina to Oman have decreased at an annualized rate of 8.26%, from $1.75M in 2023 to $1.14M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.2B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Oman than Bosnia and Herzegovina included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Bosnia and Herzegovina than Oman included Serbia ($1.18B), Austria ($996M), and Germany ($1.48B).

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

Comparative Advantage Oman - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Oman had a large net trade with Bosnia and Herzegovina in the exports of Metals ($2.71M), Plastics and Rubbers ($93.1k), and Chemical Products ($31.8k).

During 2018, Bosnia and Herzegovina had a large net trade with Oman in the exports of Wood Products ($435k), Chemical Products ($419k), and Transportation ($187k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Bosnia and Herzegovina+$175kEthylene Polymers
Top Product Potential Bosnia and Herzegovina Oman+$379kSawn Wood

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 Oman and Bosnia and Herzegovina. This means that a dot/product with the flag of Oman 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 Oman.

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

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