Bosnia and Herzegovina recorded a trade deficit of 649709.22 BAM Thousand in August of 2021. source: Central Bank of Bosnia and Herzegovina

Balance of Trade in Bosnia and Herzegovina averaged -569567.91 BAM Thousand from 2000 until 2021, reaching an all time high of -254261.89 BAM Thousand in October of 2000 and a record low of -990987.59 BAM Thousand in December of 2005. This page provides the latest reported value for - Bosnia and Herzegovina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Balance of Trade - values, historical data and charts - was last updated on October of 2021.

Balance of Trade in Bosnia and Herzegovina is expected to be -629317.00 BAM Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Balance of Trade is projected to trend around -629291.00 BAM Thousand in 2022, according to our econometric models.

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Bosnia and Herzegovina Balance of Trade

Bosnia and Herzegovina Last Unit Reference Previous Highest Lowest
Balance of Trade -649709.22 BAM Thousand Aug/21 -628067.25 -254261.89 -990987.59
Current Account -408.22 BAM Million Jun/21 -182.94 -62.82 -980.46
Current Account to GDP -3.10 percent of GDP Dec/20 -3.10 -3.10 -16.60
Imports 1847825.22 BAM Thousand Aug/21 1731053.48 1847825.22 453238.89
Exports 1198116.00 BAM Thousand Aug/21 1102986.23 1256519.00 136035.91
External Debt 9647965.23 BAM Thousand Jun/21 8847141.99 9647965.23 2386007.31
Capital Flows -186.54 BAM Million Jun/21 -159.15 335.95 -805.67
Foreign Direct Investment 678.20 BAM Million Dec/20 635.60 2599.80 41.70

Bosnia and Herzegovina Balance of Trade
Bosnia and Herzegovina suffers from chronically large trade deficits, mostly due to rebuilding efforts after the wars. Manufacturing (90 percent of total exports) largely dominates the flow of exports. Bosnia and Herzegovina mainly exports machinery and transport equipment and chemical products. On the other hand, it mostly imports machinery and transport equipment, fuels, chemical products and food. Germany, Italy, Croatia and Serbia are its main trading partners.