Cyprus (CYP) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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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 5.72%, from $1.7M in 2017 to $1.27M in 2022.

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

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.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 5.72%, from $1.7M in 2017 to $1.27M in 2022.

In 2017, 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 2022 to $1.52M in 2017.

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

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

Latest Data

Trade between Cyprus () and Bosnia and Herzegovina ()

Cyprus Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

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

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

Comparative Advantage Cyprus - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, Bosnia and Herzegovina had a large net trade with Cyprus in the exports of Foodstuffs ($777k), Metals ($186k), and Machines ($156k).

Bilateral Service Trade

Bih Year

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

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Cyprus () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Cyprus () and Bosnia and Herzegovina ()

Cyprus Exports

Bosnia and Herzegovina Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Bosnia and Herzegovina

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Cyprus () (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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