BOSNIAN TRADE EXCHANGE DEFICIT IN 2007 WAS 8 BILLION BOSNIAN MARKS

SARAJEVO, Bosnia (January 17,2008) - In December 2007 Bosnia’s trade exchange was worth 1.7 billion Bosnian Marks. Exports accounted for 463.5 million Bosnian Marks or 27.6 per cent, and imports 1.2 billion Bosnian Marks or 72.4 per cent.

Head of the Bosnian Central Statistics Bureau Zdenko Milinovic said at a press conference in the bosnian capital Sarajevo yesterday that the December export/import ratio was 38.1 percent.

In the entire 2007, the country’s exports were worth 5.9 billion Bosnian Marks – an increase of 15 per cent in comparison to the year before. Imports grew by 22 percent, to 13.9 billion Bosnian Marks. During this period exports coverage was 42.7 percent.

The 2007 trade deficit was therefore 8 billion Bosnian Marks, approximately. The main trade partner of Bosnia in 2007 was Croatia, accounting for 18.4 per cent of all exports (1.1 billion Bosnian Marks) and 17.6 per cent of the Bosnia's imports (2.4 billion Bosnian Marks).