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Pricing

2023
Flag → Flag
Exports $1.89MRnk 76 / 159
2023
Flag → Flag
Top Product $424kOther Domestic Electric Housewares
2023
Flag → Flag
Exports $1.3MRnk 132 / 183
2023
Flag → Flag
Top Product $268kDried Fruits
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 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$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Bosnia and Herzegovina-Chile Trade: In 2023, Bosnia and Herzegovina exported $1.89M to Chile. The main products that Bosnia and Herzegovina exported to Chile were Other Domestic Electric Housewares ($424k), Rubber Footwear ($358k), and Insulated Wire ($145k). Over the past 5 years the exports of Bosnia and Herzegovina to Chile have increased at an annualized rate of 1.68%, from $1.74M in 2018 to $1.89M in 2023.

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

Chile-Bosnia and Herzegovina Trade: In 2023, Chile exported $1.3M to Bosnia and Herzegovina. The main products that Chile exported to Bosnia and Herzegovina were Dried Fruits ($268k), Sowing Seeds ($204k), and Processed Crustaceans ($150k). Over the past 5 years the exports of Chile to Bosnia and Herzegovina have increased at an annualized rate of 1.2%,  from $1.21M in 2018 to $1.3M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $1.89M to Chile. The main products exported from Bosnia and Herzegovina to Chile were Other Domestic Electric Housewares ($424k), Rubber Footwear ($358k), and Insulated Wire ($145k). During the last 5 years the exports of Bosnia and Herzegovina to Chile have increased at an annualized rate of 1.68%, from $1.74M in 2018 to $1.89M in 2023.

In 2018, Chile exported $1.3M to Bosnia and Herzegovina. The main products exported from Chile to Bosnia and Herzegovina were Dried Fruits ($268k), Sowing Seeds ($204k), and Processed Crustaceans ($150k). During the last 5 years the exports of Chile to Bosnia and Herzegovina have increased at an annualized rate of 1.2%, from $1.21M in 2023 to $1.3M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Chile Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Chile
Top DestinationChina$38.2B

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

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

In 2023, countries that imported more from Chile than Bosnia and Herzegovina included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Bosnia and Herzegovina - Chile

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Chile in the exports of Machines ($717k), Footwear and Headwear ($552k), and Textiles ($201k).

During 2018, Chile had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($902k), Foodstuffs ($205k), and Chemical Products ($173k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Chile+$360kRubber Footwear
Top Product Potential Chile Bosnia and Herzegovina+$150kPackaged Medicaments

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 Chile. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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