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FOREIGN TRADE CHAMBER OF BiH

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Presentation on theme: "FOREIGN TRADE CHAMBER OF BiH"— Presentation transcript:

1 FOREIGN TRADE CHAMBER OF BiH
International Conference on Regional Market, Statistics Development and Investment Opportunities Topic: Macroeconomic indicators of the BiH economy with special emphasis on import and export Sarajevo, November, 2017

2 Foreign trade chamber of BiH
Basic Macroeconomic Indicators Indicators: 2012. 2013. 2014. 2015. 2016. Nom GDP (mil KM), current prices 25.734 26.297 27.259 28.540 29.899 GDP p/c ( KM) 6.709 6.862 7.123 7.367 7.908 Real GDP growth rate ( %) -1,21 2,4 1,1 3.0 3,2 Inflation /% of retail price 2,1 -0,1 -0,9 -1 -1,1 Gross foreign exchange reserves (million KM) 6.509 7.068 7.826 8.276 9.531 Exports (mil KM) 8.184 8.596 8.684 8.229 7.969 Import ( mil KM) 14.938 14.854 16.199 14.515 16.261 Trade balance (mil KM) -6.754 -6.258 -7.515 -6.286 -6.492 DSU (mil KM) 534 418 739 615 536,6 Average Net Pay (KM) 826 827 830 842 External Debt (mil KM) 7.155 7.409 8.182 8,4 mld 8,6 mld

3 Foreign trade chamber of BiH
Bosnia and Herzegovina - business environment: Political complexity and complexity of procedures, The lack of functioning of a single economic space in the country, Inefficient legal and judicial system, Limited Access to Finance, Significant administrative obstacles to private sector development, Complex tax system, Parafiscal obligations, The complexity and slowness of public administration...

4 Foreign trade chamber of BiH Foreign trade of Bosnia and Herzegovina
YEAR 2011. 2012. 2013. 2014. 2015. 2016. EXPORT IMPORT SCOPE BALANCE PROPORTION OF IMPORT by EXPORT 55,7 % 54,8 % 57,9 % 56,6 % 59,8% 60,01%

5 he most important foreign trade partners:
- The EU with a volume of exchange 69% - CEFTA countries with a volume of exchange 16% - EFTA countries with a volume of exchange 2.2% - Other countries with an exchange volume of 12.7%

6 Graphic display of foreign trade in the period 01.01.-30.09.2017.

7 Foreign trade chamber of BiH
Sectoral structure of foreign trade of BiH in 2017

8 Foreign trade chamber of BiH

9 Foreign trade chamber of BiH

10 Foreign trade chamber of BiH
Foreign trade of BiH in the last 5 years - continues a positive trend of export growth. - while imports are increasing at the same time - so that the foreign trade deficit remains negative.. Bosnia and Herzegovina needs a system of legislative regulations that would improve the business environment through systematic and long-term measures and initiate a cycle of faster economic development. It is necessary, without delay, to focus all activities on maintaining macroeconomic stability and economic recovery, which implies a reduction in the gray economy and the fight against corruption.

11 Thank you! Foreign trade chamber of BiH Foreign trade chamber of BiH
Branislava Đurđeva 10, Sarajevo Tel.: (033) Fax: (033)


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