2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Bosnia and Herzegovina-Bermuda In 2022, Bosnia and Herzegovina exported $1.64k to Bermuda. The main products that Bosnia and Herzegovina exported to Bermuda are Knit Sweaters ($1.61k) and Knit Babies' Garments ($32). During the last 12 years the exports of Bosnia and Herzegovina to Bermuda have decreased at an annualized rate of 7.12%, from $3.98k in 2010 to $1.64k in 2022.

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

Bermuda-Bosnia and Herzegovina In 2022, Bermuda exported $294 to Bosnia and Herzegovina. The main products that Bermuda exported to Bosnia and Herzegovina were Knitted Hats ($239) and Hard Liquor ($55). During the last 12 years the exports of Bermuda to Bosnia and Herzegovina have decreased at an annualized rate of 19.6%, from $4.04k in 2010 to $294 in 2022.

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

Comparison In 2022,  Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67),  and 102 in total exports ($10.2B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $1.64k to Bermuda. The main products exported from Bosnia and Herzegovina to Bermuda were Knit Sweaters ($1.61k) and Knit Babies' Garments ($32). During the last 12 years the exports of Bosnia and Herzegovina to Bermuda have decreased at an annualized rate of 7.12%, from $3.98k in 2010 to $1.64k in 2022.

In 2022, Bermuda exported $294 to Bosnia and Herzegovina. The main products exported from Bermuda to Bosnia and Herzegovina were Knitted Hats ($239) and Hard Liquor ($55). During the last 19 years the exports of Bermuda to Bosnia and Herzegovina have decreased at an annualized rate of 19.6%, from $4.04k in 2003 to $294 in 2022.

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

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

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Bermuda
Top Destination
Zambia$17.5M

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

In 2021, countries that imported more from Bosnia and Herzegovina than Bermuda were Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2021, countries that imported more from Bermuda than Bosnia and Herzegovina were Zambia ($17.5M), Angola ($7.13M), and Zimbabwe ($4.06M).

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

Comparative Advantage Bosnia and Herzegovina - Bermuda

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Bermuda in the exports of Textiles ($1.64k).

During 2022, Bermuda had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($239) and Foodstuffs ($55).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Bermuda. Similarly, the more yellow a dot/product is, the more Bermuda has comparative advantage over Bosnia and Herzegovina.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with