1. Sector for Macroeconomic System
FOREIGN TRADE EXCHANGE OF BOSNIA AND HERZEGOVINA WITH THE WORLD FOR 2018/2017
Sector for Macroeconomic System

2. Overview of the foreign trade in 2018/2017 in 000 BAM:
increase %
EXPORT
7,67
IMPORT
6,21
VOLUME
6,77
BALANCE
3,86
E/I RATIO
61.71%
62,56%
1,37
Sector for Macroeconomic System

3. Overview of the foreign trade in 2018/2017 in 000 BAM:
Sector for Macroeconomic System

4. Leading countries in the total volume of B&H exchange in 2018
Sector for Macroeconomic System

5. The most important foreign trade partners in export for 2018
Sector for Macroeconomic System

6. The most important foreign trade partners of B&H in import for 2018
Sector for Macroeconomic System

7. Leading partners by export/import ratio in 2018
Sector for Macroeconomic System

8. Sector for Macroeconomic System
GRAPHIC DISPLAY OF EXPORT AND IMPORT (EU, CEFTA, EFTA, OTHER COUNTRIES) 2018
Sector for Macroeconomic System

9. Sector for Macroeconomic System
The volume of foreign trade with the Republic of Croatia in 2018 was BAM, of which export amounted 1.51 billion BAM and the import 3.13 billion BAM.
The most exported values are:
Electricity 306,68 mil BAM
Raw Aluminum 136,71 mil BAM
Wood 72,91 mil BAM
Seats 53,14 mil BAM
Fabrics 45,88 mil BAM
The most imported values are:
Petroleum oils and oils obtained from bituminous minerals 892,82 mil BAM
Chocolate and other food products that contain chocolate 77,37 mil BAM
Malt beer 66,40 mil BAM
Petroleum gases and others 55,53 mil BAM
Portland – cement 53,65 mil BAM
Sector for Macroeconomic System

10. Sector for Macroeconomic System
We exported goods to the market of Serbia worth around 1.32 billion KM, which is 14.61% more than last year. From the territory of Serbia, we imported goods worth around 2.65 billion BAM and thereby increased the import by 4.20% compared to the previous year.
The most exported values are:
Coke and semi-coke of charcoal, brown coal 267,62 mil BAM
Electricity 168,55 mil BAM
Hot-rolled iron wires 98,33 mil BAM
Wood (processed) 59,57 mil BAM
Rods of iron or non-alloy steel 43,52 mil BAM
The most imported values are:
Petroleum oils and oils obtained from bituminous minerals 198,30 mil BAM
Oil from sunflower seeds 71,82 mil BAM
Corn 67,39 mil BAM
Bread, buns, cakes, biscuits and other 65,64 mil BAM
Electricity 52,26 mil BAM
Sector for Macroeconomic System

11. Sector for Macroeconomic System
In 2018, the volume of trade with Turkey was around 1.07 billion BAM. Export to Turkey amounted over 325 million BAM and was lower by 24.66% compared to the previous year. Import from Turkey increased by 14.78% and amounted around 753 million BAM. Export/import ratio was reduced to 43.2%.
From Russia, import increased by 30.23% compared to the previous year. Foreign trade deficit with Russia amounts around 618 million BAM, export/import ratio was 17.7%, while in 2017 we realized surplus and export/import ratio amounted 101.5%. The reason for the drastic increase is the import of petroleum and oils obtained from bituminous minerals (tariff 2709) in the amount of over 594 million BAM during The structure of export to the Russian Federation is dominated by medicines (tariff 3004) in the amount of million BAM and products of tariff code apples, pear, pears in the amount of million BAM.
Sector for Macroeconomic System

12. Sector for Macroeconomic System
IMPORT
EXPORT
INCREASE %
Agro-industry sector
-0,88
-16,77
Mineral fuels (coal, coke, gas, oil) and electricity
10,36
26,58
Chem. farm. production. , fertilizer, plastic, caoutchouc, rubber ..
6,45
7,02
Stone, calx, cement, concrete, ceramics and products
7,24
15,76
Leather, fur, textiles and products
0,30
6,79
Wood, paper and furniture
10,77
1,50
Ores, metals and products
13,81
15,06
Machines, appliances, mechanical devices, boilers, vehicles, weapons
6,70
10,18
Other various products
12,39
31,94
TOTAL:
6,21
7,67
Sector for Macroeconomic System

13. Sector for Macroeconomic System
Despite of the increase, export of B&H is still insufficient compared to developed economies which large part of their consuption satisfy through their own production, as well as below the levels of Central and Eastern European countries. Export is limited to products of low added value that are placed mainly on the EU market.
The intensification of the foreign trade of commodity exchange with the world and the increase in exports and imports of goods resulted in foreign trade deficit of 7.33 billion BAM.
By industrial branches, the highest growth was recorded in capital production, respectively the production of machines, devices, parts and work resources; then intermediate production; production of electricity, and the smallest percentage is achieved in the production of durable and non-durable consumer goods.
Sector for Macroeconomic System

14. Sector for Macroeconomic System
Conclusion:
In the structure of foreign trade by sectors, traditionally, the largest volume of trade is realized in the wood and metal sector.
Due to the modest production base of mostly resource and labor intensive industrial branches, B&H does not have a sufficiently developed processing industry and becouse of that there is no higher added value of the product.
Export growth in recent years, B&H has been realized thanks to the increased growth of export demand and the growth of world prices, rather than a significant structural change within the B&H economy.
In 2018, foreign trade with the world continued with a positive pace of export growth.
Sector for Macroeconomic System

15. Thank you for your attention!
Sector for Macroeconomic System