2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

China-Bosnia and Herzegovina Trade: In 2022, China exported $1.04B to Bosnia and Herzegovina. The main products that China exported to Bosnia and Herzegovina were Broadcasting Equipment ($53.7M), Coated Flat-Rolled Iron ($50.1M), and Air Conditioners ($36M). Over the past 5 years the exports of China to Bosnia and Herzegovina have increased at an annualized rate of 11.4%, from $606M in 2017 to $1.04B in 2022.

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

Bosnia and Herzegovina-China Trade: In 2022, Bosnia and Herzegovina exported $70.3M to China. The main products that Bosnia and Herzegovina exported to China were Non-Knit Women's Coats ($23M), Rough Wood ($8.47M), and Lead Ore ($7.39M). Over the past 5 years the exports of Bosnia and Herzegovina to China have increased at an annualized rate of 10.5%,  from $42.6M in 2017 to $70.3M in 2022.

In 2019, Bosnia and Herzegovina exported services to China worth $53.7M, with Travel ($51.3M) and Transportation ($2.46M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $1.04B to Bosnia and Herzegovina. The main products exported from China to Bosnia and Herzegovina were Broadcasting Equipment ($53.7M), Coated Flat-Rolled Iron ($50.1M), and Air Conditioners ($36M). During the last 5 years the exports of China to Bosnia and Herzegovina have increased at an annualized rate of 11.4%, from $606M in 2017 to $1.04B in 2022.

In 2017, Bosnia and Herzegovina exported $70.3M to China. The main products exported from Bosnia and Herzegovina to China were Non-Knit Women's Coats ($23M), Rough Wood ($8.47M), and Lead Ore ($7.39M). During the last 5 years the exports of Bosnia and Herzegovina to China have increased at an annualized rate of 10.5%, from $42.6M in 2022 to $70.3M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from China than Bosnia and Herzegovina included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Bosnia and Herzegovina than China included Anguilla ($2.61k).

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

Comparative Advantage China - Bosnia and Herzegovina

Flow
Scale

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

During 2022, China had a large net trade with Bosnia and Herzegovina in the exports of Machines ($425M), Metals ($140M), and Textiles ($117M).

During 2017, Bosnia and Herzegovina had a large net trade with China in the exports of Textiles ($26.9M), Wood Products ($15.6M), and Mineral Products ($8.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Bosnia and Herzegovina+$42.5MTelephones
Top Product Potential Bosnia and Herzegovina China+$11.2MSawn Wood

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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Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to China worth $53.7M, with Travel ($51.3M) and Transportation ($2.46M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to China (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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