Bosnia's exports in 2020 amounted to BAM10.5bn, trade deficit to BAM6.3bn

Bosnia's exports in 2020 amounted to BAM10.5bn, trade deficit to BAM6.3bn
Export and import in 2019 and 2020 by months
By bne IntelliNews January 21, 2021

Exports of goods from Bosnia & Herzegovina in January-December 2020 amounted to BAM10.5bn (€5.3bn), which is 8.5% lower than in the same period of 2019, the Agency for Statistics in Bosnia and Herzegovina said in a press release.

Imports to Bosnia in the same period amounted to BAM16.8bn, which is 13.4% lower than in the same period of the previous year, as both imports and exports fell during the pandemic. The coverage of imports by exports was 62.3% and the international trade in goods deficit amounted to BAM6.3bn, said the agency.

Exports to Central European Free Trade Agreement (CEFTA) countries amounted to BAM1.6bn, which is 11.5% lower than in the same period of 2019, while imports amounted to BAM2.1bn, 11.3% lower. The coverage of imports by exports was 78.5%.

Exports to EU countries amounted to BAM7.6bn, which is 8.3% lower than in the same period of 2019, while imports amounted to BAM10.2bn, down 13.9% on the year. The coverage of imports by exports was 74.2%, said the agency.

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