2022
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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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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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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$7,585CURRENT US$
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2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
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About

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.

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 N/A. 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.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, 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 2017 to $67.7M in 2022.

In 2017, Bosnia and Herzegovina exported $11.4M to Japan. There were not main exports from Bosnia and Herzegovina to Japan in 2017. 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 2022 to $11.4M in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Japan - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Japan had a large net trade with Bosnia and Herzegovina in the exports of Machines ($29.8M), Transportation ($16.2M), and Instruments ($7.28M).

During 2017, 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).

Potential Exports

Potential Exports

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

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 Japan worth $6.16M, with Travel ($5.93M) and Transportation ($224k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Bosnia and Herzegovina. This means that a dot/product with the flag of Japan 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 Japan.

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

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