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Bosnia's Federation trade gap widens 44% y/y in Jan-May

Author Annie Tsoneva
Bosnia's Federation trade gap widens 44% y/y in Jan-May Source: Pixabay

SARAJEVO (Bosnia and Herzegovina), June 20 (SeeNews) - Bosnia's Federation posted a trade deficit of 2.844 billion marka ($1.526 billion/1.452 billion euro) in the first five months of this year, compared with an 1.977 billion marka trade gap in the same period of 2021, the entity's statistical office said on Monday.

Exports grew 45.5% on the year reaching 5.093 billion marka in the January-May period, while imports surged 45% to 7.937 billion marka, the Federation's statistical office said in a statement.

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

(1 euro = 1.955 marka)

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