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2023
Flag → Flag
Exports $170kRnk 129 / 163
2023
Flag → Flag
Top Product $90.8kDried Legumes
2023
Flag → Flag
Exports $684kRnk 92 / 159
2023
Flag → Flag
Top Product $260kElectrical Control Boards
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 116 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH73.2%CURRENT US$
Rnk 37 / 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 $1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Tanzania-Bosnia and Herzegovina Trade: In 2023, Tanzania exported $170k to Bosnia and Herzegovina. The main products that Tanzania exported to Bosnia and Herzegovina were Dried Legumes ($90.8k), Sowing Seeds ($40.2k), and Coffee ($8.43k). Over the past 5 years the exports of Tanzania to Bosnia and Herzegovina have increased at an annualized rate of 5.07%, from $133k in 2018 to $170k in 2023.

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

Bosnia and Herzegovina-Tanzania Trade: In 2023, Bosnia and Herzegovina exported $684k to Tanzania. The main products that Bosnia and Herzegovina exported to Tanzania were Electrical Control Boards ($260k), Other Electrical Machinery ($170k), and Centrifuges ($74.4k). Over the past 5 years the exports of Bosnia and Herzegovina to Tanzania have increased at an annualized rate of 3.35%,  from $580k in 2018 to $684k in 2023.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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, Tanzania exported $170k to Bosnia and Herzegovina. The main products exported from Tanzania to Bosnia and Herzegovina were Dried Legumes ($90.8k), Sowing Seeds ($40.2k), and Coffee ($8.43k). During the last 5 years the exports of Tanzania to Bosnia and Herzegovina have increased at an annualized rate of 5.07%, from $133k in 2018 to $170k in 2023.

In 2018, Bosnia and Herzegovina exported $684k to Tanzania. The main products exported from Bosnia and Herzegovina to Tanzania were Electrical Control Boards ($260k), Other Electrical Machinery ($170k), and Centrifuges ($74.4k). During the last 5 years the exports of Bosnia and Herzegovina to Tanzania have increased at an annualized rate of 3.35%, from $580k in 2023 to $684k in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Tanzania
Top DestinationIndia$1.74B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Tanzania than Bosnia and Herzegovina included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

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

Comparative Advantage Tanzania - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Tanzania had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($146k), Machines ($8.69k), and Animal Products ($5.86k).

During 2018, Bosnia and Herzegovina had a large net trade with Tanzania in the exports of Machines ($627k), Metals ($41.1k), and Instruments ($13.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Bosnia and Herzegovina+$146kDried Legumes
Top Product Potential Bosnia and Herzegovina Tanzania+$851kRefined Petroleum

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

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

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