Bosnia and Herzegovina recorded a trade deficit of 652412.39 BAM Thousand in November of 2019. Balance of Trade in Bosnia and Herzegovina averaged -572722.74 BAM Thousand from 2000 until 2019, 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.

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 -629305.00 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 2020, according to our econometric models.


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Bosnia and Herzegovina Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-652412.39 -616638.86 -254261.89 -990987.59 2000 - 2019 BAM Thousand Monthly
Current Prices, SA


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.

Bosnia and Herzegovina Trade Last Previous Highest Lowest Unit
Balance of Trade -652412.39 -616638.86 -254261.89 -990987.59 BAM Thousand [+]
Current Account -118.77 -467.46 -118.77 -980.46 BAM Million [+]
Current Account to GDP -4.20 -4.70 -4.20 -16.60 percent [+]
Imports 1550567.30 1569988.39 1756784.01 453238.89 BAM Thousand [+]
Exports 898154.91 953349.53 1065658.20 136035.91 BAM Thousand [+]
External Debt 8239542.87 8204784.32 8870660.69 2386007.31 BAM THO [+]
Capital Flows -301.65 -174.51 65.63 -805.67 BAM Million [+]
Gold Reserves 2.99 2.99 3.00 0.00 Tonnes [+]
Terrorism Index 1.39 1.34 3.00 0.30 [+]
Tourist Arrivals 96366.00 166335.00 205238.00 31810.00 [+]
Foreign Direct Investment 52.10 74.60 637.00 -147.30 BAM Million [+]