NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $5.82MRnk 99 / 183
2023
Flag → Flag
Top Product $5.07MBananas
2023
Flag → Flag
Exports $5.84MRnk 54 / 159
2023
Flag → Flag
Top Product $4.18MDetonating Fuses
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Colombia-Bosnia and Herzegovina Trade: In 2023, Colombia exported $5.82M to Bosnia and Herzegovina. The main products that Colombia exported to Bosnia and Herzegovina were Bananas ($5.07M), Cut Flowers ($419k), and Coffee ($176k). Over the past 5 years the exports of Colombia to Bosnia and Herzegovina have decreased at an annualized rate of 20.6%, from $18.5M in 2018 to $5.82M in 2023.

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

Bosnia and Herzegovina-Colombia Trade: In 2023, Bosnia and Herzegovina exported $5.84M to Colombia. The main products that Bosnia and Herzegovina exported to Colombia were Detonating Fuses ($4.18M), Rubber Footwear ($275k), and Medical Instruments ($244k). Over the past 5 years the exports of Bosnia and Herzegovina to Colombia have increased at an annualized rate of 21.6%,  from $1.81M in 2018 to $5.84M in 2023.

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

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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, Colombia exported $5.82M to Bosnia and Herzegovina. The main products exported from Colombia to Bosnia and Herzegovina were Bananas ($5.07M), Cut Flowers ($419k), and Coffee ($176k). During the last 5 years the exports of Colombia to Bosnia and Herzegovina have decreased at an annualized rate of 20.6%, from $18.5M in 2018 to $5.82M in 2023.

In 2018, Bosnia and Herzegovina exported $5.84M to Colombia. The main products exported from Bosnia and Herzegovina to Colombia were Detonating Fuses ($4.18M), Rubber Footwear ($275k), and Medical Instruments ($244k). During the last 5 years the exports of Bosnia and Herzegovina to Colombia have increased at an annualized rate of 21.6%, from $1.81M in 2023 to $5.84M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Colombia than Bosnia and Herzegovina included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Bosnia and Herzegovina than Colombia included Croatia ($1.39B), Serbia ($1.18B), and Austria ($996M).

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

Comparative Advantage Colombia - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Colombia had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($5.69M), Foodstuffs ($88.3k), and Miscellaneous ($24.4k).

During 2018, Bosnia and Herzegovina had a large net trade with Colombia in the exports of Chemical Products ($4.23M), Footwear and Headwear ($561k), and Machines ($402k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Bosnia and Herzegovina+$7.17MCoal Briquettes
Top Product Potential Bosnia and Herzegovina Colombia+$377kRubber Footwear

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Colombia and Bosnia and Herzegovina. This means that a dot/product with the flag of Colombia 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 Colombia.

Product Space of Colombia (Flag) and Bosnia and Herzegovina (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms