Bosnia and Herzegovina recorded a trade deficit of 593165.58 BAM Thousand in July of 2020.

Balance of Trade in Bosnia and Herzegovina averaged -572546.93 BAM Thousand from 2000 until 2020, 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 September of 2020.

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. Looking forward, we estimate Balance of Trade in Bosnia and Herzegovina to stand at -629293.00 in 12 months time. In the long-term, the Bosnia and Herzegovina Balance of Trade is projected to trend around -629291.00 BAM Thousand in 2021, according to our econometric models.

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Bosnia and Herzegovina Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-593165.58 -529438.63 -254261.89 -990987.59 2000 - 2020 BAM Thousand Monthly
Current Prices, SA

Bosnia and Herzegovina Trade Last Previous Highest Lowest Unit
Balance of Trade -593165.58 -529438.63 -254261.89 -990987.59 BAM Thousand [+]
Current Account -395.49 -314.39 -91.19 -980.46 BAM Million [+]
Current Account to GDP -4.20 -4.70 -4.20 -16.60 percent [+]
Imports 1419400.05 1384660.69 1756784.01 453238.89 BAM Thousand [+]
Exports 826234.47 855222.06 1065658.20 136035.91 BAM Thousand [+]
External Debt 8665919.41 8087659.52 8870660.69 2386007.31 BAM Thousand [+]
Capital Flows -215.76 -4.94 120.46 -805.67 BAM Million [+]
Gold Reserves 3.00 3.00 3.00 0.00 Tonnes [+]
Foreign Direct Investment 863.10 692.10 2599.80 41.70 BAM Million [+]
Terrorism Index 1.39 1.34 3.00 0.30 [+]
Tourist Arrivals 4802.00 1539.00 205238.00 1539.00 [+]


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.