2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
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 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 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

Bermuda-Bosnia and Herzegovina Trade: 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). Over the past 8 years the exports of Bermuda to Bosnia and Herzegovina have increased at an annualized rate of 23%, from $56 in 2014 to $294 in 2022.

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

Bosnia and Herzegovina-Bermuda Trade: In 2022, Bosnia and Herzegovina exported $1.64k to Bermuda. The main products that Bosnia and Herzegovina exported to Bermuda were Knit Sweaters ($1.61k) and Knit Babies' Garments ($32). Over the past 8 years the exports of Bosnia and Herzegovina to Bermuda have decreased at an annualized rate of 30.6%,  from $21.2k in 2014 to $1.64k in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. 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, 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 8 years the exports of Bermuda to Bosnia and Herzegovina have increased at an annualized rate of 23%, from $56 in 2014 to $294 in 2022.

In 2017, 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 5 years the exports of Bosnia and Herzegovina to Bermuda have decreased at an annualized rate of 30.6%, from $21.2k in 2022 to $1.64k in 2017.

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

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

Market Competitiveness

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

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

In 2022, countries that imported more from Bermuda than Bosnia and Herzegovina included Zambia ($17.5M), Angola ($7.13M), and Zimbabwe ($4.06M).

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

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

Comparative Advantage Bermuda - Bosnia and Herzegovina

Flow
Scale

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

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

During 2017, Bosnia and Herzegovina had a large net trade with Bermuda in the exports of Textiles ($1.64k).

Economic Complexity

Competitive Landscape

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

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

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