2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Bosnia and Herzegovina-Cuba Trade: In 2022, Bosnia and Herzegovina exported $145k to Cuba. The main products that Bosnia and Herzegovina exported to Cuba were Detonating Fuses ($122k) and Other Plastic Products ($23.7k). Over the past 8 years the exports of Bosnia and Herzegovina to Cuba have decreased at an annualized rate of 2.19%, from $174k in 2014 to $145k in 2022.

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

Cuba-Bosnia and Herzegovina Trade: In 2022, Cuba exported $66.9k to Bosnia and Herzegovina. The main products that Cuba exported to Bosnia and Herzegovina were Hard Liquor ($34.5k), Coffee ($18.3k), and Rolled Tobacco ($13.2k). Over the past 8 years the exports of Cuba to Bosnia and Herzegovina have decreased at an annualized rate of 64.3%,  from $11.5M in 2014 to $66.9k in 2022.

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

Comparison In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67),  and 102 in total exports ($10.2B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $145k to Cuba. The main products exported from Bosnia and Herzegovina to Cuba were Detonating Fuses ($122k) and Other Plastic Products ($23.7k). During the last 8 years the exports of Bosnia and Herzegovina to Cuba have decreased at an annualized rate of 2.19%, from $174k in 2014 to $145k in 2022.

In 2017, Cuba exported $66.9k to Bosnia and Herzegovina. The main products exported from Cuba to Bosnia and Herzegovina were Hard Liquor ($34.5k), Coffee ($18.3k), and Rolled Tobacco ($13.2k). During the last 5 years the exports of Cuba to Bosnia and Herzegovina have decreased at an annualized rate of 64.3%, from $11.5M in 2022 to $66.9k in 2017.

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

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

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Cuba (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Bosnia and Herzegovina included China ($426M), Spain ($139M), and Cyprus ($31.2M).

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

Comparative Advantage Bosnia and Herzegovina - Cuba

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Cuba in the exports of Chemical Products ($122k) and Plastics and Rubbers ($23.7k).

During 2017, Cuba had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($47.7k), Vegetable Products ($18.3k), and Animal Products ($671).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Cuba. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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