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Sarajevo Times > Blog > BUSINESS > Where did BiH export the most in the first 6 months of 2016?
BUSINESS

Where did BiH export the most in the first 6 months of 2016?

Published August 10, 2016
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Import Export Data nap.baAccording to the data of the Indirect Taxation Authority (ITA) and the Foreign Trade Chamber, BiH had a total of 12 billion and 379 million BAM of foreign trade exchange in the first 6 months of this year. The most important partner of our country was Germany, in which we exported goods worth around 760 million BAM, while we mostly imported goods from Croatia, in the amount of one billion and 164 million BAM.

Besides Germany, BiH mostly exported to Italy (580 million BAM) and Austria (370 million BAM). In the first 6 months of this year, BiH exported goods worth 158 million BAM to Turkey.

When it comes to imports, after Croatia, we are mostly importing from Serbia (one billion and 82 million BAM), Germany (817 million BAM), Italy (770 million BAM), Slovenia (725 million BAM) and Austria (401 million BAM).

When it comes to the entities, FBiH had a total of 8 billion and 250 million BAM of shares in the foreign trade exchange, while the RS had 3 billion and 596 million BAM.

The highest coverage of imports by exports BiH has with Germany (93 %), Austria (92 %), Italy 75 (%), the Netherlands (56 %) and then come Croatia (42 %), and Serbia (33 %).

Total trade exchange of BiH with EU countries amounted to 8 billion and 260 million BAM, and with the countries of CEFTA one billion and 838 million BAM.

In the first half of this year, BiH mostly exported seats and parts for seats, shoes, wood, electricity, aluminum etc.

On the other side, we mostly imported oil and oil derivates, cars, medicines, cattle leather, electrical appliances etc.

According to available data, it is clear that BiH has a very low coverage of imports by exports except with Germany and Austria, particularly with the nearest neighbors Croatia and Serbia.

(Source: S. H./Klix.ba)

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TAGGED:#austria#BiH#export#Germany#import#serbiaCroatiaforeign trade exchange
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