2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Bosnia and Herzegovina-Hong Kong Trade: In 2022, Bosnia and Herzegovina exported $493k to Hong Kong. The main products that Bosnia and Herzegovina exported to Hong Kong were Veneer Sheets ($136k), Other Furniture ($84.4k), and Seats ($67.6k). Over the past 5 years the exports of Bosnia and Herzegovina to Hong Kong have decreased at an annualized rate of 14.4%, from $1.07M in 2017 to $493k in 2022.

In 2019, Bosnia and Herzegovina exported services to Hong Kong worth $112k, with Travel ($112k) being the largest in terms of value.

Hong Kong-Bosnia and Herzegovina Trade: In 2022, Hong Kong exported $6.99M to Bosnia and Herzegovina. The main products that Hong Kong exported to Bosnia and Herzegovina were Video Displays ($1.01M), Antibiotics ($629k), and Base Metal Watches ($546k). Over the past 5 years the exports of Hong Kong to Bosnia and Herzegovina have increased at an annualized rate of 8.73%,  from $4.6M in 2017 to $6.99M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $493k to Hong Kong. The main products exported from Bosnia and Herzegovina to Hong Kong were Veneer Sheets ($136k), Other Furniture ($84.4k), and Seats ($67.6k). During the last 5 years the exports of Bosnia and Herzegovina to Hong Kong have decreased at an annualized rate of 14.4%, from $1.07M in 2017 to $493k in 2022.

In 2017, Hong Kong exported $6.99M to Bosnia and Herzegovina. The main products exported from Hong Kong to Bosnia and Herzegovina were Video Displays ($1.01M), Antibiotics ($629k), and Base Metal Watches ($546k). During the last 5 years the exports of Hong Kong to Bosnia and Herzegovina have increased at an annualized rate of 8.73%, from $4.6M in 2022 to $6.99M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Hong Kong (Flag)

Bosnia and Herzegovina Exports

Hong Kong Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Hong Kong included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

In 2022, countries that imported more from Hong Kong than Bosnia and Herzegovina included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Hong Kong

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Hong Kong in the exports of Miscellaneous ($154k), Wood Products ($136k), and Machines ($80k).

During 2017, Hong Kong had a large net trade with Bosnia and Herzegovina in the exports of Machines ($2.33M), Textiles ($976k), and Instruments ($687k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Hong Kong+$338kOther Furniture
Top Product Potential Hong Kong Bosnia and Herzegovina+$800kTelephones

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

Product Space of Bosnia and Herzegovina (Flag) and Hong Kong (Flag) (2022)

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