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

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Cyprus-Bosnia and Herzegovina Trade: In 2023, Cyprus exported $1.66M to Bosnia and Herzegovina. The main products that Cyprus exported to Bosnia and Herzegovina were Packaged Medicaments ($867k), Other Firearms ($247k), and Light Fixtures ($172k). Over the past 5 years the exports of Cyprus to Bosnia and Herzegovina have increased at an annualized rate of 1.1%, from $1.57M in 2018 to $1.66M in 2023.

In 2023, Cyprus did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Cyprus Trade: In 2023, Bosnia and Herzegovina exported $1.77M to Cyprus. The main products that Bosnia and Herzegovina exported to Cyprus were Flavored Water ($1.16M), Plastic Lids ($111k), and Seats ($74.7k). Over the past 5 years the exports of Bosnia and Herzegovina to Cyprus have decreased at an annualized rate of 34.2%, from $14.4M in 2018 to $1.77M in 2023.

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 2023, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $1.66M to Bosnia and Herzegovina. The main products exported from Cyprus to Bosnia and Herzegovina were Packaged Medicaments ($867k), Other Firearms ($247k), and Light Fixtures ($172k). During the last 5 years the exports of Cyprus to Bosnia and Herzegovina have increased at an annualized rate of 1.1%, from $1.57M in 2018 to $1.66M in 2023.

In 2018, Bosnia and Herzegovina exported $1.77M to Cyprus. The main products exported from Bosnia and Herzegovina to Cyprus were Flavored Water ($1.16M), Plastic Lids ($111k), and Seats ($74.7k). During the last 5 years the exports of Bosnia and Herzegovina to Cyprus have decreased at an annualized rate of 34.2%, from $14.4M in 2023 to $1.77M in 2018.

Exports from Cyprus () to Bosnia and Herzegovina () (2023)

Exports from Bosnia and Herzegovina () to Cyprus () (2023)

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 DestinationLibya$775M

Bosnia and Herzegovina
Top DestinationGermany$1.48B

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 2023, countries that imported more from Cyprus than Bosnia and Herzegovina included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Bosnia and Herzegovina than Cyprus included Croatia ($1.39B), Germany ($1.48B), and Serbia ($1.18B).

Difference in imports from Bosnia and Herzegovina () and Cyprus () (2023)

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 2023, Cyprus had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($1.05M), Weapons ($247k), and Miscellaneous ($220k).

During 2018, Bosnia and Herzegovina had a large net trade with Cyprus in the exports of Foodstuffs ($1.18M), Miscellaneous ($150k), and Plastics and Rubbers ($114k).

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 () (2023)

Exports from Bosnia and Herzegovina () to Cyprus () (2023)

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 () (2023)

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 () (2023)

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