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Reading: Analysis: BiH increased its Exports by 41 Percent
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Sarajevo Times > Blog > BUSINESS > Analysis: BiH increased its Exports by 41 Percent
BUSINESS

Analysis: BiH increased its Exports by 41 Percent

Published March 22, 2022
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”In the period January-February 2022, Bosnia and Herzegovina (BiH) exported goods worth 2.69 billion BAM, which is 41 percent more than in the first two months of 2021, ” the State Agency for Statistics announced.

At the same time, imports amounted to 3.78 billion BAM, which is 44 percent more than in the same period last year.

The coverage rate of imports by exports amounted to 71.3 percent, while the foreign trade deficit amounted to 1.088 billion BAM.

Exports to the Central European Free Trade Agreement (CEFTA) countries amounted to 509 million BAM, which is 76.3 percent more than in the same period in 2021, while imports amounted to 440 million BAM, which is 40.6 percent more than in the same period last year. The coverage of imports by exports was 115.7 percent.

Exports to European Union (EU) countries amounted to 2.01 billion BAM, which is 41.9 percent more than in the same period in 2021, while imports amounted to 2.09 billion BAM, which is 30.1 percent more than in the same period in 2021. The coverage of imports by exports was 96.2 percent.

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