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2023
Flag → Flag
Exports $4.95MRnk 58 / 159
2023
Flag → Flag
Top Product $1.21MStone Processing Machines
2023
Flag → Flag
Exports $33MRnk 107 / 212
2023
Flag → Flag
Top Product $3.8MIron Fasteners
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Bosnia and Herzegovina-Chinese Taipei Trade: In 2023, Bosnia and Herzegovina exported $4.95M to Chinese Taipei. The main products that Bosnia and Herzegovina exported to Chinese Taipei were Stone Processing Machines ($1.21M), Forging Machines ($1.15M), and Non-Knit Women's Coats ($952k). Over the past 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have increased at an annualized rate of 6.14%, from $3.68M in 2018 to $4.95M in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Chinese Taipei.

Chinese Taipei-Bosnia and Herzegovina Trade: In 2023, Chinese Taipei exported $33M to Bosnia and Herzegovina. The main products that Chinese Taipei exported to Bosnia and Herzegovina were Iron Fasteners ($3.8M), Metalworking Transfer Machines ($2.53M), and Broadcasting Equipment ($2.28M). Over the past 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 1.18%,  from $31.2M in 2018 to $33M in 2023.

In 2023, Chinese Taipei did not export any services to Bosnia and Herzegovina.

Comparison: In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $4.95M to Chinese Taipei. The main products exported from Bosnia and Herzegovina to Chinese Taipei were Stone Processing Machines ($1.21M), Forging Machines ($1.15M), and Non-Knit Women's Coats ($952k). During the last 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have increased at an annualized rate of 6.14%, from $3.68M in 2018 to $4.95M in 2023.

In 2018, Chinese Taipei exported $33M to Bosnia and Herzegovina. The main products exported from Chinese Taipei to Bosnia and Herzegovina were Iron Fasteners ($3.8M), Metalworking Transfer Machines ($2.53M), and Broadcasting Equipment ($2.28M). During the last 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 1.18%, from $31.2M in 2023 to $33M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Bosnia and Herzegovina (Flag) (2023)

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Chinese Taipei included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

In 2023, countries that imported more from Chinese Taipei than Bosnia and Herzegovina included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Chinese Taipei

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Chinese Taipei in the exports of Machines ($2.87M), Textiles ($1.13M), and Miscellaneous ($383k).

During 2018, Chinese Taipei had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.9M), Metals ($7.53M), and Plastics and Rubbers ($3.63M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Chinese Taipei. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Chinese Taipei (Flag) (2023)

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