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Export Market

Bosnia and Herzegovina

ISO: BA / BIH

Country Profile

Capital Sarajevo
Population 3.4M
GDP $29.6B (2024)
GDP per Capita $9,359
Income Level Upper-Middle Income
Currency Bosnia and Herzegovina convertible mark (BAM KM)
Language Bosnian
Timezone UTC+01:00
Region Europe · Southeast Europe

Trade Partners

Bosnia and Herzegovina Exports To

  • Germany 15.0%
  • Croatia 14.0%
  • Serbia 12.0%
  • Austria 10.0%
  • Slovenia 9.0%

Key exports: footwear, electricity, garments, plastic products, insulated wire (2023)

Bosnia and Herzegovina Imports From

  • Italy 13.0%
  • Germany 11.0%
  • Serbia 11.0%
  • China 9.0%
  • Croatia 8.0%

Key imports: refined petroleum, cars, garments, plastic products, packaged medicine (2023)

Economic Overview

import-dominated economy; remains consumption-heavy; lack of private sector investments and diversification; jointly addressing structural economic challenges; Chinese energy infrastructure investments; high unemployment; tourism industry impacted by COVID-19

Government: parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Bosnia and Herzegovina, providing preferential market access for UK exporters.

Trade Barriers

1 active barrier affecting UK exporters

Competition policies and laws in Bosnia and Herzegovina deter UK investment

Competition regulation and domestic enforcement of legislation in Bosnia and Herzegovina is limited. It falls well behind international standards. This causes challenges for UK companies. Decisions are often made on the basis of vested interests rather than on competitive principles. …

Sectors: Consumer and retail, Technology and smart cities

Reported: 22 Apr 2021

Geographic Region

Europe

Export Guidance

Relevant guidance for exporting to Bosnia and Herzegovina.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇱 Albania FTA 🇦🇩 Andorra 🇦🇹 Austria FTA 🇧🇪 Belgium FTA 🇧🇬 Bulgaria FTA 🇭🇷 Croatia FTA 🇨🇾 Cyprus FTA 🇨🇿 Czech Republic FTA

Official Resources

Government export support for Bosnia and Herzegovina.

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