Trade volume realized by Bosnia and Herzegovina in 2020 has decreased by 12%

In the statement made by the Foreign Trade Chamber of Bosnia and Herzegovina, it was stated that the exports of the country in 2020 were at the level of 10,825,649,000 KM with a decrease of 8.79% compared to 2019, and that the import was at the level of 17,214,729,000 KM with a decrease of 13.39%. Accordingly, it was stated that the trade volume of the country in 2020 was 28.040.378.000 KM and decreased by 12% (amounting to 3.6 billion KM) compared to 2019. With the aforementioned realizations, the ratio of exports to imports is 62.89%; It was reported that the foreign trade deficit was 6.39 billion KM. In the statement, it was emphasized that Bosnia and Herzegovina's exports to the European Union countries in 2020 decreased by 14.3% compared to 2019 and its imports from EU countries decreased by 9.11%, while the country's exports to CEFTA countries in 2020 were 11.8% compared to the previous year. It was stated that imports decreased by 9.2%. Description in 'third countries' as ...