Bosnia and Herzegovina (BIH) and China (CHN) Trade | The Observatory of Economic Complexity

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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.

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.

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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $58.8M in 2023.

In 2018, 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 2023 to $1.45B in 2018.

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

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

Latest Data

Trade between Bosnia and Herzegovina () and China ()

Bosnia and Herzegovina Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationGermany$1.48B

China
Top DestinationUnited States$436B

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

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

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

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

Comparative Advantage Bosnia and Herzegovina - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bosnia and Herzegovina had a large net trade with China in the exports of Textiles ($20M), Wood Products ($14M), and Machines ($9.62M).

During 2018, China had a large net trade with Bosnia and Herzegovina in the exports of Machines ($667M), Metals ($186M), and Textiles ($129M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bosnia and Herzegovina China+$11.2MSawn Wood

Top Product Potential China Bosnia and Herzegovina+$42.5MTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Bosnia and Herzegovina () and China ()

Bosnia and Herzegovina Exports

China Exports

Market Competitiveness

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

Comparative Advantage Bosnia and Herzegovina - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and China () (2023)

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