Bosnia and Herzegovina (BIH) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Chinese Taipei Trade: In 2022, Bosnia and Herzegovina exported $2.18M to Chinese Taipei. The main products that Bosnia and Herzegovina exported to Chinese Taipei were Non-Knit Women's Coats ($922k), Centrifuges ($226k), and Other Furniture ($154k). Over the past 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have decreased at an annualized rate of 2.51%, from $2.47M in 2017 to $2.18M in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Chinese Taipei.

Chinese Taipei-Bosnia and Herzegovina Trade: In 2022, Chinese Taipei exported $30.1M to Bosnia and Herzegovina. The main products that Chinese Taipei exported to Bosnia and Herzegovina were Iron Fasteners ($3.97M), Styrene Polymers ($2.22M), and Broadcasting Equipment ($1.65M). Over the past 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 3.73%, from $25M in 2017 to $30.1M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bosnia and Herzegovina exported $2.18M to Chinese Taipei. The main products exported from Bosnia and Herzegovina to Chinese Taipei were Non-Knit Women's Coats ($922k), Centrifuges ($226k), and Other Furniture ($154k). During the last 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have decreased at an annualized rate of 2.51%, from $2.47M in 2017 to $2.18M in 2022.

In 2017, Chinese Taipei exported $30.1M to Bosnia and Herzegovina. The main products exported from Chinese Taipei to Bosnia and Herzegovina were Iron Fasteners ($3.97M), Styrene Polymers ($2.22M), and Broadcasting Equipment ($1.65M). During the last 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 3.73%, from $25M in 2022 to $30.1M in 2017.

Exports from Bosnia and Herzegovina () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bosnia and Herzegovina () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Bosnia and Herzegovina included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bosnia and Herzegovina had a large net trade with Chinese Taipei in the exports of Textiles ($1.13M), Machines ($362k), and Miscellaneous ($323k).

During 2017, Chinese Taipei had a large net trade with Bosnia and Herzegovina in the exports of Machines ($12.2M), Metals ($7.94M), and Plastics and Rubbers ($3.68M).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bosnia and Herzegovina () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Chinese Taipei () (2022)

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