2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 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
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Bosnia and Herzegovina-Cyprus Trade: In 2022, Bosnia and Herzegovina exported $1.52M to Cyprus. The main products that Bosnia and Herzegovina exported to Cyprus were Flavored Water ($745k), Iron Structures ($183k), and Computers ($125k). Over the past 5 years the exports of Bosnia and Herzegovina to Cyprus have decreased at an annualized rate of 24.8%, from $6.3M in 2017 to $1.52M in 2022.

In 2019, Bosnia and Herzegovina exported services to Cyprus worth $1.79M, with Travel ($1.79M) being the largest in terms of value.

Cyprus-Bosnia and Herzegovina Trade: In 2022, Cyprus exported $1.27M to Bosnia and Herzegovina. The main products that Cyprus exported to Bosnia and Herzegovina were Packaged Medicaments ($965k), Light Fixtures ($159k), and Oxygen Heterocyclic Compounds ($71.9k). Over the past 5 years the exports of Cyprus to Bosnia and Herzegovina have decreased at an annualized rate of 4.79%,  from $1.7M in 2017 to $1.27M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $1.52M to Cyprus. The main products exported from Bosnia and Herzegovina to Cyprus were Flavored Water ($745k), Iron Structures ($183k), and Computers ($125k). During the last 5 years the exports of Bosnia and Herzegovina to Cyprus have decreased at an annualized rate of 24.8%, from $6.3M in 2017 to $1.52M in 2022.

In 2017, Cyprus exported $1.27M to Bosnia and Herzegovina. The main products exported from Cyprus to Bosnia and Herzegovina were Packaged Medicaments ($965k), Light Fixtures ($159k), and Oxygen Heterocyclic Compounds ($71.9k). During the last 5 years the exports of Cyprus to Bosnia and Herzegovina have decreased at an annualized rate of 4.79%, from $1.7M in 2022 to $1.27M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Cyprus Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Cyprus
Top Destination
Hong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Bosnia and Herzegovina included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Bosnia and Herzegovina - Cyprus

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Cyprus in the exports of Foodstuffs ($777k), Metals ($186k), and Machines ($156k).

During 2017, Cyprus had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($1.06M), Miscellaneous ($159k), and Vegetable Products ($15.7k).

Economic Complexity

Competitive Landscape

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

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

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