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Bosnia's Serb Republic trade gap narrows 9.7% in Jan-April

Bosnia's Serb Republic trade gap narrows 9.7% in Jan-April Author: Nick Savchenko Licence: CC BY-SA 2.0

BANJA LUKA (Bosnia and Herzegovina), May 22 (SeeNews) – The trade deficit of Bosnia's Serb Republic decreased 9.7% on the year to 355 million marka ($202.7 million/181.5 million euro) in the first four months of 2019, the entity's statistical office said.

Exports fell by an annual 0.9% to 1.2 million marka in the four months through April, while imports declined 4.4% to 1.5 million marka, the Serb Republic's Institute of Statistics said in a monthly report on Wednesday.

The entity's largest trading partner in the January-April period was Serbia with a share of 15.7%, followed by Italy with 14.9% and Germany with 9.3%.

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

(1 euro = 1.95583 marka)

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