SARAJEVO (Bosnia and Herzegovina), July 27 (SeeNews) – The trade deficit of Bosnia's Serb Republic decreased by 4.9% year-on-year in the first half of 2021, to 498.3 million marka ($300.9 million/254.8 million euro), the entity's statistical office said.
Exports increased by an annual 28% in January-June, reaching 2 billion marka, while imports added 20% to 2.5 billion marka, the Serb Republic's Institute of Statistics said in a monthly report last week.
The entity's largest trade partner in the period under review was Serbia with a share of 16.5% of total trade turnover, followed by Italy with 14.9% and Croatia with 10.2%.
Bosnia's Serb Republic trade deficit fell by 7.4% to 1.1 billion marka in 2020.
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.95583 marka)