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Bosnia's Federation trade gap widens 11.7% y/y in Jan-Sept

Author Annie Tsoneva
Bosnia's Federation trade gap widens 11.7% y/y in Jan-Sept Source: Pixabay

SARAJEVO (Bosnia and Herzegovina), October 22 (SeeNews) - Bosnia's Federation had a trade deficit of 3.989 billion marka ($2.376 billion /2.040 billion euro) in the nine months through September, compared with a 3.571 billion marka trade gap in the same period of 2020, the entity's statistical office said.

Exports grew 35.6% on the year in the January-September period, reaching 6.724 billion marka, while imports went up 25.6% to 10.713 billion marka, the Federation's statistical office said in a statement earlier this week.

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.95583 marka)

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