2022
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GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
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GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
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 GDP
$24.5BCURRENT US$
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2012-2022
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GDP GROWTH
42.4%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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2022
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GDP PC
$7,585CURRENT US$
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2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
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About

Slovakia-Bosnia and Herzegovina Trade: In 2022, Slovakia exported $174M to Bosnia and Herzegovina. The main products that Slovakia exported to Bosnia and Herzegovina were Cars ($16.6M), Broadcasting Equipment ($13.3M), and Coal Tar Oil ($11.1M). Over the past 5 years the exports of Slovakia to Bosnia and Herzegovina have increased at an annualized rate of 10.2%, from $107M in 2017 to $174M in 2022.

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

Bosnia and Herzegovina-Slovakia Trade: In 2022, Bosnia and Herzegovina exported $101M to Slovakia. The main products that Bosnia and Herzegovina exported to Slovakia were Footwear Parts ($30.2M), Raw Aluminium ($8.62M), and Tissue ($6.97M). Over the past 5 years the exports of Bosnia and Herzegovina to Slovakia have increased at an annualized rate of 0.9%,  from $96.3M in 2017 to $101M in 2022.

In 2019, Bosnia and Herzegovina exported services to Slovakia worth $9.4M, with Transportation ($5.15M), Travel ($4.14M), and Communications services ($112k) being the largest in terms of value.

Comparison: In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). 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, Slovakia exported $174M to Bosnia and Herzegovina. The main products exported from Slovakia to Bosnia and Herzegovina were Cars ($16.6M), Broadcasting Equipment ($13.3M), and Coal Tar Oil ($11.1M). During the last 5 years the exports of Slovakia to Bosnia and Herzegovina have increased at an annualized rate of 10.2%, from $107M in 2017 to $174M in 2022.

In 2017, Bosnia and Herzegovina exported $101M to Slovakia. The main products exported from Bosnia and Herzegovina to Slovakia were Footwear Parts ($30.2M), Raw Aluminium ($8.62M), and Tissue ($6.97M). During the last 5 years the exports of Bosnia and Herzegovina to Slovakia have increased at an annualized rate of 0.9%, from $96.3M in 2022 to $101M in 2017.

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

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

Latest Data

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

Slovakia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from Slovakia than Bosnia and Herzegovina included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

In 2022, countries that imported more from Bosnia and Herzegovina than Slovakia included Serbia ($1.35B), Croatia ($1.47B), and Montenegro ($306M).

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

Comparative Advantage Slovakia - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Slovakia had a large net trade with Bosnia and Herzegovina in the exports of Machines ($38.3M), Metals ($29.5M), and Transportation ($21.4M).

During 2017, Bosnia and Herzegovina had a large net trade with Slovakia in the exports of Footwear and Headwear ($31.3M), Metals ($15.4M), and Paper Goods ($13.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Bosnia and Herzegovina+$16.1MCars
Top Product Potential Bosnia and Herzegovina Slovakia+$5.45MMotor vehicles; parts and accessories (8701 to 8705)

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 Slovakia worth $9.4M, with Transportation ($5.15M), Travel ($4.14M), and Communications services ($112k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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