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2022
Flag → Flag
Exports $101MRnk 16 / 162
2022
Flag → Flag
Top Product $30.2MFootwear Parts
2022
Flag → Flag
Exports $174MRnk 47 / 203
2022
Flag → Flag
Top Product $16.6MCars
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
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$115BCURRENT US$
Rnk 61 / 186
2012-2022
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GDP GROWTH22%CURRENT US$
Rnk 117 / 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$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Bosnia and Herzegovina-Slovakia Trade: In 2022, Bosnia and Herzegovina exported $101M to Slovakia. The main products that Bosnia and Herzegovina exported to Slovakia were Footwear Parts ($30.2M), Raw Aluminium ($8.62M), and Tissue ($6.97M). Over the past 5 years the exports of Bosnia and Herzegovina to Slovakia have increased at an annualized rate of 0.9%, from $96.3M in 2017 to $101M in 2022.

In 2019, Bosnia and Herzegovina exported services to Slovakia worth $9.4M, with Transportation ($5.15M), Travel ($4.14M), and Communications services ($112k) being the largest in terms of value.

Slovakia-Bosnia and Herzegovina Trade: In 2022, Slovakia exported $174M to Bosnia and Herzegovina. The main products that Slovakia exported to Bosnia and Herzegovina were Cars ($16.6M), Broadcasting Equipment ($13.3M), and Coal Tar Oil ($11.1M). Over the past 5 years the exports of Slovakia to Bosnia and Herzegovina have increased at an annualized rate of 10.2%,  from $107M in 2017 to $174M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $101M to Slovakia. The main products exported from Bosnia and Herzegovina to Slovakia were Footwear Parts ($30.2M), Raw Aluminium ($8.62M), and Tissue ($6.97M). During the last 5 years the exports of Bosnia and Herzegovina to Slovakia have increased at an annualized rate of 0.9%, from $96.3M in 2017 to $101M in 2022.

In 2017, Slovakia exported $174M to Bosnia and Herzegovina. The main products exported from Slovakia to Bosnia and Herzegovina were Cars ($16.6M), Broadcasting Equipment ($13.3M), and Coal Tar Oil ($11.1M). During the last 5 years the exports of Slovakia to Bosnia and Herzegovina have increased at an annualized rate of 10.2%, from $107M in 2022 to $174M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Slovakia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Slovakia
Top DestinationGermany$22.2B

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

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

In 2022, countries that imported more from Slovakia than Bosnia and Herzegovina included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Bosnia and Herzegovina - Slovakia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Slovakia in the exports of Footwear and Headwear ($31.3M), Metals ($15.4M), and Paper Goods ($13.5M).

During 2017, Slovakia had a large net trade with Bosnia and Herzegovina in the exports of Machines ($38.3M), Metals ($29.5M), and Transportation ($21.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Slovakia+$5.45MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia Bosnia and Herzegovina+$16.1MCars

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

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

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