Bosnia and Herzegovina (BIH) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Japan Trade: In 2023, Bosnia and Herzegovina exported $16.4M to Japan. The main products that Bosnia and Herzegovina exported to Japan were Air Pumps ($3.39M), Non-Knit Women's Coats ($1.93M), and Integrated Circuits ($1.22M). Over the past 5 years the exports of Bosnia and Herzegovina to Japan have increased at an annualized rate of 11.4%, from $9.6M in 2018 to $16.4M in 2023.

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 2023, Japan exported $100M to Bosnia and Herzegovina. The main products that Japan exported to Bosnia and Herzegovina were Large Construction Vehicles ($20.6M), Cars ($20M), and Medical Instruments ($6.75M). Over the past 5 years the exports of Japan to Bosnia and Herzegovina have increased at an annualized rate of 7.9%, from $68.6M in 2018 to $100M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bosnia and Herzegovina exported $16.4M to Japan. The main products exported from Bosnia and Herzegovina to Japan were Air Pumps ($3.39M), Non-Knit Women's Coats ($1.93M), and Integrated Circuits ($1.22M). During the last 5 years the exports of Bosnia and Herzegovina to Japan have increased at an annualized rate of 11.4%, from $9.6M in 2018 to $16.4M in 2023.

In 2018, Japan exported $100M to Bosnia and Herzegovina. The main products exported from Japan to Bosnia and Herzegovina were Large Construction Vehicles ($20.6M), Cars ($20M), and Medical Instruments ($6.75M). During the last 5 years the exports of Japan to Bosnia and Herzegovina have increased at an annualized rate of 7.9%, from $68.6M in 2023 to $100M in 2018.

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Japan ()

Bosnia and Herzegovina Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationGermany$1.48B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Japan than Bosnia and Herzegovina included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Bosnia and Herzegovina - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bosnia and Herzegovina had a large net trade with Japan in the exports of Machines ($6.19M), Textiles ($3.7M), and Footwear and Headwear ($2.8M).

During 2018, Japan had a large net trade with Bosnia and Herzegovina in the exports of Machines ($45.1M), Transportation ($25.6M), and Instruments ($11.3M).

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 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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Japan ()

Bosnia and Herzegovina Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Bosnia and Herzegovina - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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