2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Bosnia and Herzegovina-Costa Rica Trade: In 2022, Bosnia and Herzegovina exported $137k to Costa Rica. The main products that Bosnia and Herzegovina exported to Costa Rica were Seats ($37.7k), Centrifuges ($19.9k), and Trunks and Cases ($14.9k). Over the past 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 14.8%, from $68.8k in 2017 to $137k in 2022.

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

Costa Rica-Bosnia and Herzegovina Trade: In 2022, Costa Rica exported $4.59M to Bosnia and Herzegovina. The main products that Costa Rica exported to Bosnia and Herzegovina were Bananas ($2.83M), Tropical Fruits ($734k), and Medical Instruments ($404k). Over the past 5 years the exports of Costa Rica to Bosnia and Herzegovina have increased at an annualized rate of 8.1%,  from $3.11M in 2017 to $4.59M in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $137k to Costa Rica. The main products exported from Bosnia and Herzegovina to Costa Rica were Seats ($37.7k), Centrifuges ($19.9k), and Trunks and Cases ($14.9k). During the last 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 14.8%, from $68.8k in 2017 to $137k in 2022.

In 2017, Costa Rica exported $4.59M to Bosnia and Herzegovina. The main products exported from Costa Rica to Bosnia and Herzegovina were Bananas ($2.83M), Tropical Fruits ($734k), and Medical Instruments ($404k). During the last 5 years the exports of Costa Rica to Bosnia and Herzegovina have increased at an annualized rate of 8.1%, from $3.11M in 2022 to $4.59M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Costa Rica (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Costa Rica included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

In 2022, countries that imported more from Costa Rica than Bosnia and Herzegovina included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

Difference in imports from Costa Rica (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Costa Rica

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Costa Rica in the exports of Miscellaneous ($50.4k), Machines ($35.4k), and Textiles ($29.9k).

During 2017, Costa Rica had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($3.65M), Instruments ($810k), and Machines ($97.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Costa Rica+$89.1kSeats
Top Product Potential Costa Rica Bosnia and Herzegovina+$606kMedical Instruments

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

Product Space of Bosnia and Herzegovina (Flag) and Costa Rica (Flag) (2022)

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