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2022
Flag → Flag
Exports $206kRnk 126 / 164
2022
Flag → Flag
Top Product $181kDried Legumes
2022
Flag → Flag
Exports $2.85MRnk 71 / 162
2022
Flag → Flag
Top Product $883kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Tanzania-Bosnia and Herzegovina Trade: In 2022, Tanzania exported $206k to Bosnia and Herzegovina. The main products that Tanzania exported to Bosnia and Herzegovina were Dried Legumes ($181k), Sowing Seeds ($15.8k), and Tropical Fruits ($2.32k). Over the past 5 years the exports of Tanzania to Bosnia and Herzegovina have increased at an annualized rate of 9.77%, from $129k in 2017 to $206k in 2022.

In 2022, Tanzania did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Tanzania Trade: In 2022, Bosnia and Herzegovina exported $2.85M to Tanzania. The main products that Bosnia and Herzegovina exported to Tanzania were Refined Petroleum ($883k), Insulated Wire ($517k), and Electrical Control Boards ($371k). Over the past 5 years the exports of Bosnia and Herzegovina to Tanzania have increased at an annualized rate of 37%,  from $591k in 2017 to $2.85M in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Tanzania.

Comparison: In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, Tanzania exported $206k to Bosnia and Herzegovina. The main products exported from Tanzania to Bosnia and Herzegovina were Dried Legumes ($181k), Sowing Seeds ($15.8k), and Tropical Fruits ($2.32k). During the last 5 years the exports of Tanzania to Bosnia and Herzegovina have increased at an annualized rate of 9.77%, from $129k in 2017 to $206k in 2022.

In 2017, Bosnia and Herzegovina exported $2.85M to Tanzania. The main products exported from Bosnia and Herzegovina to Tanzania were Refined Petroleum ($883k), Insulated Wire ($517k), and Electrical Control Boards ($371k). During the last 5 years the exports of Bosnia and Herzegovina to Tanzania have increased at an annualized rate of 37%, from $591k in 2022 to $2.85M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Tanzania
Top DestinationIndia$2.73B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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 2022, countries that imported more from Tanzania than Bosnia and Herzegovina included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

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

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 2022, Tanzania had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($200k), Metals ($2.63k), and Machines ($1.72k).

During 2017, Bosnia and Herzegovina had a large net trade with Tanzania in the exports of Machines ($1.67M), Mineral Products ($883k), and Metals ($222k).

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) (2022)

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