2023
Flag
 GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC
$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195

About

Chinese Taipei-Bosnia and Herzegovina Trade: In 2023, Chinese Taipei exported $33M to Bosnia and Herzegovina. The main products that Chinese Taipei exported to Bosnia and Herzegovina were Iron Fasteners ($3.8M), Metalworking Transfer Machines ($2.53M), and Broadcasting Equipment ($2.28M). Over the past 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 1.18%, from $31.2M in 2018 to $33M in 2023.

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

Bosnia and Herzegovina-Chinese Taipei Trade: In 2023, Bosnia and Herzegovina exported $4.95M to Chinese Taipei. The main products that Bosnia and Herzegovina exported to Chinese Taipei were Stone Processing Machines ($1.21M), Forging Machines ($1.15M), and Non-Knit Women's Coats ($952k). Over the past 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have increased at an annualized rate of 6.14%,  from $3.68M in 2018 to $4.95M in 2023.

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

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $33M to Bosnia and Herzegovina. The main products exported from Chinese Taipei to Bosnia and Herzegovina were Iron Fasteners ($3.8M), Metalworking Transfer Machines ($2.53M), and Broadcasting Equipment ($2.28M). During the last 5 years the exports of Chinese Taipei to Bosnia and Herzegovina have increased at an annualized rate of 1.18%, from $31.2M in 2018 to $33M in 2023.

In 2018, Bosnia and Herzegovina exported $4.95M to Chinese Taipei. The main products exported from Bosnia and Herzegovina to Chinese Taipei were Stone Processing Machines ($1.21M), Forging Machines ($1.15M), and Non-Knit Women's Coats ($952k). During the last 5 years the exports of Bosnia and Herzegovina to Chinese Taipei have increased at an annualized rate of 6.14%, from $3.68M in 2023 to $4.95M in 2018.

Exports from Chinese Taipei (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Bosnia and Herzegovina
Top Destination
Germany$1.48B

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

In 2023, countries that imported more from Chinese Taipei than Bosnia and Herzegovina included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Bosnia and Herzegovina (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.9M), Metals ($7.53M), and Plastics and Rubbers ($3.63M).

During 2018, Bosnia and Herzegovina had a large net trade with Chinese Taipei in the exports of Machines ($2.87M), Textiles ($1.13M), and Miscellaneous ($383k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Bosnia and Herzegovina (Flag) (2023)

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