2023
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GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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 GDP
$27.5BCURRENT US$
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2013-2023
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GDP GROWTH
51.4%CURRENT US$
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2023
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GDP PC 
$12,614CURRENT US$
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2013-2023
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GDP PC GROWTH
79.7%CURRENT US$
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2023
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GDP PC
$8,639CURRENT US$
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2013-2023
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GDP PC GROWTH
71.6%CURRENT US$
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About

China-Bosnia and Herzegovina Trade: In 2023, China exported $1.45B to Bosnia and Herzegovina. The main products that China exported to Bosnia and Herzegovina were Semiconductor Devices ($121M), Broadcasting Equipment ($85.9M), and Coated Flat-Rolled Iron ($51.1M). Over the past 5 years the exports of China to Bosnia and Herzegovina have increased at an annualized rate of 12.5%, from $804M in 2018 to $1.45B in 2023.

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

Bosnia and Herzegovina-China Trade: In 2023, Bosnia and Herzegovina exported $58.8M to China. The main products that Bosnia and Herzegovina exported to China were Non-Knit Women's Coats ($16.1M), Sawn Wood ($7.42M), and Excavation Machinery ($4.9M). Over the past 5 years the exports of Bosnia and Herzegovina to China have increased at an annualized rate of 0.41%,  from $57.6M in 2018 to $58.8M in 2023.

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 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $1.45B to Bosnia and Herzegovina. The main products exported from China to Bosnia and Herzegovina were Semiconductor Devices ($121M), Broadcasting Equipment ($85.9M), and Coated Flat-Rolled Iron ($51.1M). During the last 5 years the exports of China to Bosnia and Herzegovina have increased at an annualized rate of 12.5%, from $804M in 2018 to $1.45B in 2023.

In 2018, Bosnia and Herzegovina exported $58.8M to China. The main products exported from Bosnia and Herzegovina to China were Non-Knit Women's Coats ($16.1M), Sawn Wood ($7.42M), and Excavation Machinery ($4.9M). During the last 5 years the exports of Bosnia and Herzegovina to China have increased at an annualized rate of 0.41%, from $57.6M in 2023 to $58.8M in 2018.

Exports from China (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Bosnia and Herzegovina
Top Destination
Germany$1.48B

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 2023, countries that imported more from China than Bosnia and Herzegovina included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Bosnia and Herzegovina than China included Saint Barthélemy ($18).

Difference in imports from Bosnia and Herzegovina (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Bosnia and Herzegovina in the exports of Machines ($667M), Metals ($186M), and Textiles ($129M).

During 2018, Bosnia and Herzegovina had a large net trade with China in the exports of Textiles ($20M), Wood Products ($14M), and Machines ($9.62M).

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) (2023)

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