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2022
Flag → Flag
Exports $234MRnk 53 / 205
2022
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Top Product $45MCars
2022
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Exports $131MRnk 15 / 162
2022
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Top Product $15.8MSeats
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC $27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186
2022
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GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Czechia-Bosnia and Herzegovina Trade: In 2022, Czechia exported $234M to Bosnia and Herzegovina. The main products that Czechia exported to Bosnia and Herzegovina were Cars ($45M), Rough Wood ($25.6M), and Copper Plating ($9.16M). Over the past 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 5.32%, from $181M in 2017 to $234M in 2022.

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

Bosnia and Herzegovina-Czechia Trade: In 2022, Bosnia and Herzegovina exported $131M to Czechia. The main products that Bosnia and Herzegovina exported to Czechia were Seats ($15.8M), Other Furniture ($10.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.98M). Over the past 5 years the exports of Bosnia and Herzegovina to Czechia have decreased at an annualized rate of 1.42%,  from $141M in 2017 to $131M in 2022.

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 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $234M to Bosnia and Herzegovina. The main products exported from Czechia to Bosnia and Herzegovina were Cars ($45M), Rough Wood ($25.6M), and Copper Plating ($9.16M). During the last 5 years the exports of Czechia to Bosnia and Herzegovina have increased at an annualized rate of 5.32%, from $181M in 2017 to $234M in 2022.

In 2017, Bosnia and Herzegovina exported $131M to Czechia. The main products exported from Bosnia and Herzegovina to Czechia were Seats ($15.8M), Other Furniture ($10.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.98M). During the last 5 years the exports of Bosnia and Herzegovina to Czechia have decreased at an annualized rate of 1.42%, from $141M in 2022 to $131M in 2017.

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

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

Latest Data

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

Czechia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$75.3B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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 2022, countries that imported more from Czechia than Bosnia and Herzegovina included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Bosnia and Herzegovina than Czechia included Croatia ($1.47B), Serbia ($1.35B), and Montenegro ($306M).

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

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 2022, Czechia had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($50.4M), Metals ($39.6M), and Wood Products ($30.4M).

During 2017, Bosnia and Herzegovina had a large net trade with Czechia in the exports of Miscellaneous ($29.5M), Metals ($22.7M), and Machines ($16.8M).

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) (2022)

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