International Trade in Bosnia and Herzegovina

International Trade in Bosnia and Herzegovina

Three years of inter-ethnic conflicts (1992-1995) destroyed a large part of Bosnia's economy and infrastructures. Bosnia and Herzegovina started its negotiations to become a member of the European Union in November 2005. Since then, a wide range of political, social and economic reforms... Read more

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Market Analyses About Bosnia and Herzegovina (40)

Import and Export Services in Bosnia and... (107)

  • FindingEdge

    FindingEdge

    Business Administration, Bosnia and Herzegovina

    FindingEdge is a group of products that serve as a catalyst for evolution in the global business sphere. Each of the products brings...
  • MRP-EURASIA

    MRP-EURASIA

    Market Research, Bosnia and Herzegovina

    Who we are MRP-EURASIA - the Public Surveys and Market Research company for 33 countries in Central, Eastern Europe and Central...

Business Tips About Bosnia and Herzegovina (9)

Agents and Distributors in Bosnia and Herzegovina (6)

  • WATB

    WATB

    Starting In Import/Export, Bosnia and Herzegovina

    WATB is a company specialized in the import - export of meat and meat products. In addition our team is composed of experts in the field...
  • Acumen International

    Acumen International

    HR Outsourcing, Bosnia and Herzegovina

    Acumen International is a Global Employer of Record and a pioneer of Express Global Employment solutions. Having spotted our...

Overview About International Trade in Bosnia and Herzegovina

Main Industry Sectors

The main sectors that account for economic growth are services and light industry. However, the industry sector started to diminish at the end of 2008 and during 2009, due to the drop of the domestic and European demand.
The trading sector is the one that gathers the highest number of providers, followed by the manufacturing, business services, transport and construction industry sectors.
Bosnia and Herzegovina mainly produces metal products. Given the country's substantial resources, the wood industry ranks second in total exports. Other important production sectors are mineral and chemical products, machinery, mechanical appliances, textile and footwear.

 

Economic Overview

Three years of inter-ethnic conflicts (1992-1995) destroyed a large part of Bosnia's economy and infrastructures. Bosnia and Herzegovina started its negotiations to become a member of the European Union in November 2005. Since then, a wide range of political, social and economic reforms have been accomplished, especially in the banking and tourism sectors. Its GDP has grown at a steady pace of 5% per year since 2000.

Nevertheless, corruption and the high level of unemployment are major hurdles t...

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