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

About

Cuba-Bosnia and Herzegovina In 2022, Cuba exported $66.9k to Bosnia and Herzegovina. The main products that Cuba exported to Bosnia and Herzegovina are Hard Liquor ($34.5k), Coffee ($18.3k), and Rolled Tobacco ($13.2k). During the last 19 years the exports of Cuba to Bosnia and Herzegovina have increased at an annualized rate of 15.9%, from $4.09k in 2003 to $66.9k in 2022.

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

Bosnia and Herzegovina-Cuba 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). During the last 19 years the exports of Bosnia and Herzegovina to Cuba have increased at an annualized rate of 14.9%, from $10.4k in 2003 to $145k in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), 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, 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 19 years the exports of Cuba to Bosnia and Herzegovina have increased at an annualized rate of 15.9%, from $4.09k in 2003 to $66.9k in 2022.

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 18 years the exports of Bosnia and Herzegovina to Cuba have increased at an annualized rate of 14.9%, from $10.4k in 2004 to $145k in 2022.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Cuba than Bosnia and Herzegovina were China ($426M), Spain ($139M), and Cyprus ($31.2M).

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

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

Comparative Advantage Cuba - Bosnia and Herzegovina

Flow
Scale

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

During 2022, 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).

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).

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 Cuba has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Cuba.

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

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