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Pricing

2023
Flag → Flag
Exports $487kRnk 101 / 159
2023
Flag → Flag
Top Product $56.3kPackaged Medicaments
2023
Flag → Flag
Exports $6.22MRnk 78 / 172
2023
Flag → Flag
Top Product $4.05MBananas
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 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$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

Bosnia and Herzegovina-Costa Rica Trade: In 2023, Bosnia and Herzegovina exported $487k to Costa Rica. The main products that Bosnia and Herzegovina exported to Costa Rica were Packaged Medicaments ($56.3k), Non-Knit Women's Suits ($54.5k), and Knit T-shirts ($52.4k). Over the past 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 36.2%, from $104k in 2018 to $487k in 2023.

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

Costa Rica-Bosnia and Herzegovina Trade: In 2023, Costa Rica exported $6.22M to Bosnia and Herzegovina. The main products that Costa Rica exported to Bosnia and Herzegovina were Bananas ($4.05M), Tropical Fruits ($1.08M), and Medical Instruments ($489k). Over the past 5 years the exports of Costa Rica to Bosnia and Herzegovina have decreased at an annualized rate of 9.02%,  from $9.98M in 2018 to $6.22M in 2023.

In 2023, Costa Rica 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, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $487k to Costa Rica. The main products exported from Bosnia and Herzegovina to Costa Rica were Packaged Medicaments ($56.3k), Non-Knit Women's Suits ($54.5k), and Knit T-shirts ($52.4k). During the last 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 36.2%, from $104k in 2018 to $487k in 2023.

In 2018, Costa Rica exported $6.22M to Bosnia and Herzegovina. The main products exported from Costa Rica to Bosnia and Herzegovina were Bananas ($4.05M), Tropical Fruits ($1.08M), and Medical Instruments ($489k). During the last 5 years the exports of Costa Rica to Bosnia and Herzegovina have decreased at an annualized rate of 9.02%, from $9.98M in 2023 to $6.22M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Costa Rica than Bosnia and Herzegovina included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

Difference in imports from Costa Rica (Flag) and Bosnia and Herzegovina (Flag) (2023)

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 2023, Bosnia and Herzegovina had a large net trade with Costa Rica in the exports of Textiles ($257k), Chemical Products ($56.3k), and Paper Goods ($44.8k).

During 2018, Costa Rica had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($5.2M), Instruments ($823k), and Machines ($160k).

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) (2023)

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