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2023
Flag → Flag
Exports $499kRnk 100 / 159
2023
Flag → Flag
Top Product $186kVeneer Sheets
2023
Flag → Flag
Exports $7.26MRnk 146 / 198
2023
Flag → Flag
Top Product $1.15MVideo Displays
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 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$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Bosnia and Herzegovina-Hong Kong Trade: In 2023, Bosnia and Herzegovina exported $499k to Hong Kong. The main products that Bosnia and Herzegovina exported to Hong Kong were Veneer Sheets ($186k), Sawn Wood ($160k), and Other Furniture ($41.3k). Over the past 5 years the exports of Bosnia and Herzegovina to Hong Kong have decreased at an annualized rate of 16.2%, from $1.2M in 2018 to $499k in 2023.

In 2019, Bosnia and Herzegovina exported services to Hong Kong worth $112k, with Travel ($112k) being the largest in terms of value.

Hong Kong-Bosnia and Herzegovina Trade: In 2023, Hong Kong exported $7.26M to Bosnia and Herzegovina. The main products that Hong Kong exported to Bosnia and Herzegovina were Video Displays ($1.15M), Medical Instruments ($661k), and Base Metal Watches ($491k). Over the past 5 years the exports of Hong Kong to Bosnia and Herzegovina have increased at an annualized rate of 4.58%,  from $4.64M in 2018 to $7.26M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $499k to Hong Kong. The main products exported from Bosnia and Herzegovina to Hong Kong were Veneer Sheets ($186k), Sawn Wood ($160k), and Other Furniture ($41.3k). During the last 5 years the exports of Bosnia and Herzegovina to Hong Kong have decreased at an annualized rate of 16.2%, from $1.2M in 2018 to $499k in 2023.

In 2018, Hong Kong exported $7.26M to Bosnia and Herzegovina. The main products exported from Hong Kong to Bosnia and Herzegovina were Video Displays ($1.15M), Medical Instruments ($661k), and Base Metal Watches ($491k). During the last 5 years the exports of Hong Kong to Bosnia and Herzegovina have increased at an annualized rate of 4.58%, from $4.64M in 2023 to $7.26M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Hong Kong (Flag)

Bosnia and Herzegovina Exports

Hong Kong Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Hong Kong included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

In 2023, countries that imported more from Hong Kong than Bosnia and Herzegovina included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Hong Kong

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Hong Kong in the exports of Wood Products ($346k), Machines ($74.9k), and Miscellaneous ($51.2k).

During 2018, Hong Kong had a large net trade with Bosnia and Herzegovina in the exports of Machines ($2.97M), Instruments ($1.35M), and Miscellaneous ($507k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Hong Kong+$338kOther Furniture
Top Product Potential Hong Kong Bosnia and Herzegovina+$800kTelephones

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

Product Space of Bosnia and Herzegovina (Flag) and Hong Kong (Flag) (2023)

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