Bermuda (BMU) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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 14.8%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 14.8%, from $21.2k in 2022 to $1.64k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Bosnia and Herzegovina
Top DestinationCroatia$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 () and Bermuda () (2022)

Comparative Advantage Bermuda - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Bermuda - Bosnia and Herzegovina

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring