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2022
Flag → Flag
Exports $131MRnk 15 / 162
2022
Flag → Flag
Top Product $15.8MSeats
2022
Flag → Flag
Exports $234MRnk 53 / 205
2022
Flag → Flag
Top Product $45MCars
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
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GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
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GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Bosnia and Herzegovina-Czechia Trade: In 2022, Bosnia and Herzegovina exported $131M to Czechia. The main products that Bosnia and Herzegovina exported to Czechia were Seats ($15.8M), Other Furniture ($10.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.98M). Over the past 5 years the exports of Bosnia and Herzegovina to Czechia have decreased at an annualized rate of 1.42%, from $141M in 2017 to $131M in 2022.

In 2019, Bosnia and Herzegovina exported services to Czechia worth $12.1M, with Travel ($7.5M), Transportation ($4.03M), and Communications services ($560k) being the largest in terms of value.

Czechia-Bosnia and Herzegovina Trade: In 2022, Czechia exported $234M to Bosnia and Herzegovina. The main products that Czechia exported to Bosnia and Herzegovina were Cars ($45M), Rough Wood ($25.6M), and Copper Plating ($9.16M). Over the past 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 4.41%,  from $181M in 2017 to $234M in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $131M to Czechia. The main products exported from Bosnia and Herzegovina to Czechia were Seats ($15.8M), Other Furniture ($10.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.98M). During the last 5 years the exports of Bosnia and Herzegovina to Czechia have decreased at an annualized rate of 1.42%, from $141M in 2017 to $131M in 2022.

In 2017, Czechia exported $234M to Bosnia and Herzegovina. The main products exported from Czechia to Bosnia and Herzegovina were Cars ($45M), Rough Wood ($25.6M), and Copper Plating ($9.16M). During the last 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 4.41%, from $181M in 2022 to $234M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Czechia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Czechia included Croatia ($1.47B), Serbia ($1.35B), and Montenegro ($306M).

In 2022, countries that imported more from Czechia than Bosnia and Herzegovina included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Bosnia and Herzegovina - Czechia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Czechia in the exports of Miscellaneous ($29.5M), Metals ($22.7M), and Machines ($16.8M).

During 2017, Czechia had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($50.4M), Metals ($39.6M), and Wood Products ($30.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Czechia+$7.27MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Czechia Bosnia and Herzegovina+$14.2MCars

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

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

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