2022
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GDP
$24.5BCURRENT US$
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2012-2022
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GDP GROWTH
42.4%CURRENT US$
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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GDP PC 
$7,585CURRENT US$
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GDP PC GROWTH
61.8%CURRENT US$
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GDP PC
$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Bosnia and Herzegovina-Japan Trade: In 2022, Bosnia and Herzegovina exported $11.4M to Japan. The main products that Bosnia and Herzegovina exported to Japan were Non-Knit Women's Coats ($1.85M), Air Pumps ($1.81M), and Leather Footwear ($899k). Over the past 5 years the exports of Bosnia and Herzegovina to Japan have increased at an annualized rate of 7.91%, from $7.82M in 2017 to $11.4M in 2022.

In 2019, Bosnia and Herzegovina exported services to Japan worth $6.16M, with Travel ($5.93M) and Transportation ($224k) being the largest in terms of value.

Japan-Bosnia and Herzegovina Trade: In 2022, Japan exported $67.7M to Bosnia and Herzegovina. The main products that Japan exported to Bosnia and Herzegovina were Cars ($12.2M), Large Construction Vehicles ($7.97M), and Industrial Printers ($4.28M). Over the past 5 years the exports of Japan to Bosnia and Herzegovina have increased at an annualized rate of 2.39%,  from $60.1M in 2017 to $67.7M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $11.4M to Japan. The main products exported from Bosnia and Herzegovina to Japan were Non-Knit Women's Coats ($1.85M), Air Pumps ($1.81M), and Leather Footwear ($899k). During the last 5 years the exports of Bosnia and Herzegovina to Japan have increased at an annualized rate of 7.91%, from $7.82M in 2017 to $11.4M in 2022.

In 2017, Japan exported $67.7M to Bosnia and Herzegovina. The main products exported from Japan to Bosnia and Herzegovina were Cars ($12.2M), Large Construction Vehicles ($7.97M), and Industrial Printers ($4.28M). During the last 5 years the exports of Japan to Bosnia and Herzegovina have increased at an annualized rate of 2.39%, from $60.1M in 2022 to $67.7M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

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

Bosnia and Herzegovina Exports

Japan Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Japan included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Japan than Bosnia and Herzegovina included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Japan

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Japan in the exports of Machines ($3.23M), Textiles ($3.02M), and Footwear and Headwear ($2.51M).

During 2017, Japan had a large net trade with Bosnia and Herzegovina in the exports of Machines ($29.8M), Transportation ($16.2M), and Instruments ($7.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Japan+$1.85MNon-Knit Women's Coats
Top Product Potential Japan Bosnia and Herzegovina+$14.1MCars

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

Product Space of Bosnia and Herzegovina (Flag) and Japan (Flag) (2022)

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