In 2007, Bosnia’s trade gap widened by 27.9% to 7.962 billion marka.
Bosnia's 2008 exports rose by 13.1% to 6.712 billion marka, while imports increased by 17.2% to 16.286 billion marka, the statistics office said in a statement posted on its website (www.bhas.ba).
Bosnia trade balance (in millions of Bosnian marka):
2008 | 2007 | y/y pct change | |
Turnover | 22,997.8 | 19,835.6 | +15.9 |
Exports | 6,711.7 | 5,936.9 | +13.1 |
Imports | 16,286.1 | 13,898.7 | +17.2 |
Deficit | 9.574.4 | 7,961.8 | +20.3 |
Bosnia, which has been divided into a Serb Republic and a Muslim-Croat Federation since the 1992-1995 war in the country, imports mainly foods and oil products and exports aluminium, raw steel, metal products and furniture.
The Bosnian marka is pegged against the euro under a currency board system. The fixed exchange rate under the system is 1.95583 marka per euro.