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Pricing

2022
Flag → Flag
Exports $5.27MRnk 54 / 162
2022
Flag → Flag
Top Product $1.22MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $28.7MRnk 131 / 218
2022
Flag → Flag
Top Product $7.1MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Bosnia and Herzegovina-Thailand Trade: In 2022, Bosnia and Herzegovina exported $5.27M to Thailand. The main products that Bosnia and Herzegovina exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($1.22M), Other Zinc Products ($1.09M), and Padlocks ($599k). Over the past 5 years the exports of Bosnia and Herzegovina to Thailand have increased at an annualized rate of 10.7%, from $3.16M in 2017 to $5.27M in 2022.

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

Thailand-Bosnia and Herzegovina Trade: In 2022, Thailand exported $28.7M to Bosnia and Herzegovina. The main products that Thailand exported to Bosnia and Herzegovina were Processed Fish ($7.1M), Air Pumps ($3.29M), and Other Cast Iron Products ($3.05M). Over the past 5 years the exports of Thailand to Bosnia and Herzegovina have increased at an annualized rate of 12.5%,  from $15.9M in 2017 to $28.7M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $5.27M to Thailand. The main products exported from Bosnia and Herzegovina to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($1.22M), Other Zinc Products ($1.09M), and Padlocks ($599k). During the last 5 years the exports of Bosnia and Herzegovina to Thailand have increased at an annualized rate of 10.7%, from $3.16M in 2017 to $5.27M in 2022.

In 2017, Thailand exported $28.7M to Bosnia and Herzegovina. The main products exported from Thailand to Bosnia and Herzegovina were Processed Fish ($7.1M), Air Pumps ($3.29M), and Other Cast Iron Products ($3.05M). During the last 5 years the exports of Thailand to Bosnia and Herzegovina have increased at an annualized rate of 12.5%, from $15.9M in 2022 to $28.7M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Thailand Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Thailand included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Thailand than Bosnia and Herzegovina included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Bosnia and Herzegovina - Thailand

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Thailand in the exports of Metals ($1.96M), Transportation ($1.23M), and Machines ($848k).

During 2017, Thailand had a large net trade with Bosnia and Herzegovina in the exports of Machines ($8.83M), Foodstuffs ($7.78M), and Metals ($3.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Thailand+$2.21MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Thailand Bosnia and Herzegovina+$1.62MTelephones

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

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

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