Uzbekistan (UZB) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Uzbekistan-Bosnia and Herzegovina Trade: In 2022, Uzbekistan exported $1.67M to Bosnia and Herzegovina. The main products that Uzbekistan exported to Bosnia and Herzegovina were Non-Retail Pure Cotton Yarn ($1.16M), Knit Sweaters ($139k), and Knit T-shirts ($98k). Over the past 5 years the exports of Uzbekistan to Bosnia and Herzegovina have increased at an annualized rate of 65.5%, from $134k in 2017 to $1.67M in 2022.

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

Bosnia and Herzegovina-Uzbekistan Trade: In 2022, Bosnia and Herzegovina exported $40.4k to Uzbekistan. The main products that Bosnia and Herzegovina exported to Uzbekistan were Centrifuges ($15.5k), Other Domestic Electric Housewares ($14.5k), and Liquid Dispersing Machines ($4.33k). Over the past 5 years the exports of Bosnia and Herzegovina to Uzbekistan have increased at an annualized rate of 18.5%, from $4.43k in 2017 to $40.4k in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uzbekistan exported $1.67M to Bosnia and Herzegovina. The main products exported from Uzbekistan to Bosnia and Herzegovina were Non-Retail Pure Cotton Yarn ($1.16M), Knit Sweaters ($139k), and Knit T-shirts ($98k). During the last 5 years the exports of Uzbekistan to Bosnia and Herzegovina have increased at an annualized rate of 65.5%, from $134k in 2017 to $1.67M in 2022.

In 2017, Bosnia and Herzegovina exported $40.4k to Uzbekistan. The main products exported from Bosnia and Herzegovina to Uzbekistan were Centrifuges ($15.5k), Other Domestic Electric Housewares ($14.5k), and Liquid Dispersing Machines ($4.33k). During the last 5 years the exports of Bosnia and Herzegovina to Uzbekistan have increased at an annualized rate of 18.5%, from $4.43k in 2022 to $40.4k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Uzbekistan than Bosnia and Herzegovina included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

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

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

Comparative Advantage Uzbekistan - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($1.5M), Vegetable Products ($169k), and Machines ($713).

During 2017, Bosnia and Herzegovina had a large net trade with Uzbekistan in the exports of Machines ($35k), Textiles ($2.57k), and Transportation ($1.15k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Bosnia and Herzegovina+$123kNon-Retail Pure Cotton Yarn

Top Product Potential Bosnia and Herzegovina Uzbekistan+$4.03kOther toys

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

Year

This visualization shows the product space at the HS4 level with the flags of Uzbekistan and Bosnia and Herzegovina. This means that a dot/product with the flag of Uzbekistan 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 Uzbekistan.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Uzbekistan - Bosnia and Herzegovina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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