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Pricing

2023
Flag → Flag
Exports $149kRnk 114 / 159
2023
Flag → Flag
Top Product $74.2kCentrifuges
2023
Flag → Flag
Exports $3.89MRnk 48 / 136
2023
Flag → Flag
Top Product $3.63MRaw Tin
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Bosnia and Herzegovina-Bolivia Trade: In 2023, Bosnia and Herzegovina exported $149k to Bolivia. The main products that Bosnia and Herzegovina exported to Bolivia were Centrifuges ($74.2k), Electric Furnaces ($18.6k), and Seats ($15.6k). Over the past 5 years the exports of Bosnia and Herzegovina to Bolivia have increased at an annualized rate of 10.1%, from $91.9k in 2018 to $149k in 2023.

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

Bolivia-Bosnia and Herzegovina Trade: In 2023, Bolivia exported $3.89M to Bosnia and Herzegovina. The main products that Bolivia exported to Bosnia and Herzegovina were Raw Tin ($3.63M), Coconuts, Brazil Nuts, and Cashews ($165k), and Shaped Wood ($40.9k). Over the past 5 years the exports of Bolivia to Bosnia and Herzegovina have increased at an annualized rate of 79.2%,  from $211k in 2018 to $3.89M in 2023.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $149k to Bolivia. The main products exported from Bosnia and Herzegovina to Bolivia were Centrifuges ($74.2k), Electric Furnaces ($18.6k), and Seats ($15.6k). During the last 5 years the exports of Bosnia and Herzegovina to Bolivia have increased at an annualized rate of 10.1%, from $91.9k in 2018 to $149k in 2023.

In 2018, Bolivia exported $3.89M to Bosnia and Herzegovina. The main products exported from Bolivia to Bosnia and Herzegovina were Raw Tin ($3.63M), Coconuts, Brazil Nuts, and Cashews ($165k), and Shaped Wood ($40.9k). During the last 5 years the exports of Bolivia to Bosnia and Herzegovina have increased at an annualized rate of 79.2%, from $211k in 2023 to $3.89M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Bolivia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Bolivia included Croatia ($1.39B), Germany ($1.48B), and Serbia ($1.18B).

In 2023, countries that imported more from Bolivia than Bosnia and Herzegovina included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

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

Comparative Advantage Bosnia and Herzegovina - Bolivia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Bolivia in the exports of Machines ($111k), Miscellaneous ($21.2k), and Textiles ($9.57k).

During 2018, Bolivia had a large net trade with Bosnia and Herzegovina in the exports of Metals ($3.63M), Vegetable Products ($215k), and Wood Products ($40.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Bolivia+$96.2kCentrifuges
Top Product Potential Bolivia Bosnia and Herzegovina+$36kCoconuts, Brazil Nuts, and Cashews

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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Economic Complexity

Competitive Landscape

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

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

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