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Pricing

2022
Flag → Flag
Exports $4.59MRnk 84 / 178
2022
Flag → Flag
Top Product $2.83MBananas
2022
Flag → Flag
Exports $137kRnk 119 / 162
2022
Flag → Flag
Top Product $37.7kSeats
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Costa Rica-Bosnia and Herzegovina Trade: In 2022, Costa Rica exported $4.59M to Bosnia and Herzegovina. The main products that Costa Rica exported to Bosnia and Herzegovina were Bananas ($2.83M), Tropical Fruits ($734k), and Medical Instruments ($404k). Over the past 5 years the exports of Costa Rica to Bosnia and Herzegovina have increased at an annualized rate of 8.1%, from $3.11M in 2017 to $4.59M in 2022.

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

Bosnia and Herzegovina-Costa Rica Trade: In 2022, Bosnia and Herzegovina exported $137k to Costa Rica. The main products that Bosnia and Herzegovina exported to Costa Rica were Seats ($37.7k), Centrifuges ($19.9k), and Trunks and Cases ($14.9k). Over the past 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 14.8%,  from $68.8k in 2017 to $137k in 2022.

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

Comparison: In 2022,  Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B). 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, Costa Rica exported $4.59M to Bosnia and Herzegovina. The main products exported from Costa Rica to Bosnia and Herzegovina were Bananas ($2.83M), Tropical Fruits ($734k), and Medical Instruments ($404k). During the last 5 years the exports of Costa Rica to Bosnia and Herzegovina have increased at an annualized rate of 8.1%, from $3.11M in 2017 to $4.59M in 2022.

In 2017, Bosnia and Herzegovina exported $137k to Costa Rica. The main products exported from Bosnia and Herzegovina to Costa Rica were Seats ($37.7k), Centrifuges ($19.9k), and Trunks and Cases ($14.9k). During the last 5 years the exports of Bosnia and Herzegovina to Costa Rica have increased at an annualized rate of 14.8%, from $68.8k in 2022 to $137k in 2017.

Exports from Costa Rica (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Costa Rica (Flag) (2022)

Latest Data

Trade between Costa Rica (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Costa Rica
Top DestinationUnited States$6.83B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Costa Rica than Bosnia and Herzegovina included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2022, countries that imported more from Bosnia and Herzegovina than Costa Rica included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Costa Rica had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($3.65M), Instruments ($810k), and Machines ($97.7k).

During 2017, Bosnia and Herzegovina had a large net trade with Costa Rica in the exports of Miscellaneous ($50.4k), Machines ($35.4k), and Textiles ($29.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Costa Rica Bosnia and Herzegovina+$606kMedical Instruments
Top Product Potential Bosnia and Herzegovina Costa Rica+$89.1kSeats

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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Economic Complexity

Competitive Landscape

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

Product Space of Costa Rica (Flag) and Bosnia and Herzegovina (Flag) (2022)

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