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2023
Flag → Flag
Exports $290MRnk 52 / 207
2023
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Top Product $79.4MCars
2023
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Exports $142MRnk 15 / 159
2023
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Top Product $16.1MSeats
2023
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Economic Complexity (ECI) ECI 1.6Rnk 7 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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GDP$343BCURRENT US$
Rnk 44 / 195
2013-2023
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GDP GROWTH61.1%CURRENT US$
Rnk 55 / 195
2023
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 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC $31,591CURRENT US$
Rnk 45 / 195
2013-2023
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GDP PC GROWTH55.9%CURRENT US$
Rnk 36 / 195
2023
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GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Czechia-Bosnia and Herzegovina Trade: In 2023, Czechia exported $290M to Bosnia and Herzegovina. The main products that Czechia exported to Bosnia and Herzegovina were Cars ($79.4M), Coal Briquettes ($11M), and Rough Wood ($10.7M). Over the past 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 7.32%, from $204M in 2018 to $290M in 2023.

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

Bosnia and Herzegovina-Czechia Trade: In 2023, Bosnia and Herzegovina exported $142M to Czechia. The main products that Bosnia and Herzegovina exported to Czechia were Seats ($16.1M), Carbonates ($11.3M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.2M). Over the past 5 years the exports of Bosnia and Herzegovina to Czechia have increased at an annualized rate of 2.31%,  from $126M in 2018 to $142M in 2023.

In 2019, Bosnia and Herzegovina exported services to Czechia worth $12.1M, with Travel ($7.5M), Transportation ($4.03M), and Communications services ($560k) being the largest in terms of value.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $290M to Bosnia and Herzegovina. The main products exported from Czechia to Bosnia and Herzegovina were Cars ($79.4M), Coal Briquettes ($11M), and Rough Wood ($10.7M). During the last 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 7.32%, from $204M in 2018 to $290M in 2023.

In 2018, Bosnia and Herzegovina exported $142M to Czechia. The main products exported from Bosnia and Herzegovina to Czechia were Seats ($16.1M), Carbonates ($11.3M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.2M). During the last 5 years the exports of Bosnia and Herzegovina to Czechia have increased at an annualized rate of 2.31%, from $126M in 2023 to $142M in 2018.

Exports from Czechia (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Czechia (Flag) (2023)

Latest Data

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

Czechia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$64.2B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Czechia than Bosnia and Herzegovina included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Bosnia and Herzegovina than Czechia included Croatia ($1.39B), Montenegro ($283M), and Serbia ($1.18B).

Difference in imports from Bosnia and Herzegovina (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Czechia had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($92.5M), Metals ($37.2M), and Machines ($35.6M).

During 2018, Bosnia and Herzegovina had a large net trade with Czechia in the exports of Miscellaneous ($26.5M), Metals ($18.8M), and Machines ($17.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Bosnia and Herzegovina+$14.2MCars
Top Product Potential Bosnia and Herzegovina Czechia+$7.27MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Czechia worth $12.1M, with Travel ($7.5M), Transportation ($4.03M), and Communications services ($560k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Czechia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and Bosnia and Herzegovina. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Czechia.

Product Space of Czechia (Flag) and Bosnia and Herzegovina (Flag) (2023)

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