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2023
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Exports $100MRnk 124 / 211
2023
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Top Product $20.6MLarge Construction Vehicles
2023
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Exports $16.4MRnk 36 / 159
2023
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Top Product $3.39MAir Pumps
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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 $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 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

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.

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.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥24.5M and imported ¥125M from Bosnia and Herzegovina, resulting in a negative trade balance of ¥101M. Between November 2023 and November 2024 the exports of Japan have increased by ¥10.9M (80.4%) from ¥13.6M to ¥24.5M, while imports decreased by ¥-104M (-45.4%) from ¥229M to ¥125M.

Trade In November 2024, the top exports of Japan to Bosnia and Herzegovina were Rubber Tires (¥11M), Air Pumps (¥6.47M), Commodities not elsewhere specified (¥1.97M), Liquid Fuel Furnaces (¥1.97M), and Electric Motor Parts (¥910k). In November 2024 the top imports of Japan from Bosnia and Herzegovina were Air Pumps (¥33.5M), E-waste and scrap (¥17.4M), Navigation Equipment (¥13M), Seats (¥10.6M), and Refractory Ceramics (¥10.5M).

Origins In November 2024 the exports of Japan were mainly from Miyagi (¥16.6M), Kumamoto (¥3.88M), Tokyo (¥2.01M), Osaka (¥1.56M), and Chiba (¥480k), while imports destinations were mainly Tokyo (¥66.6M), Chiba (¥25.1M), Osaka (¥18.9M), Aichi (¥7.31M), and Kanagawa (¥3.57M).

Growth In November 2024, the increase in Japan's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in Rubber Tires (¥7.99M or 263%) and Commodities not elsewhere specified (¥1.74M or 774%). In November 2024, the decrease in Japan's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in Non-Knit Active Wear (¥-4.68M or -82.4%), Non-Knit Women's Coats (¥-3M or -44.2%), and Trunks and Cases (¥-2.17M or -64.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥10.9M(80.4%)
IMPORT GROWTH (November 2023 - November 2024)¥-104M(-45.4%)
MAIN EXPORTER (November 2024)Miyagi¥16.6M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Bosnia and Herzegovina and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $100M in 2023.

In 2018, 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 2023 to $16.4M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

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

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

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 2023, Japan had a large net trade with Bosnia and Herzegovina in the exports of Machines ($45.1M), Transportation ($25.6M), and Instruments ($11.3M).

During 2018, 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).

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) (2023)

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