BOSNIA'S IMPORTS REACH 1 BILLION BOSNIAN MARKS IN JANUARY

SARAJEVO, Bosnia (February 22,2008) – According to data released yesterday by the Bosnian Statistics Agency, Bosnia imported 1 billion Bosnian Marks worth of goods in January this year.

Exports amounted to 485 million Bosnian Marks during the same period. In real terms, the trade exchange deficit was almost 515 million Bosnian Marks (exchange ratio was 48.6 per cent).

The processing industry was the main importer in January (18 per cent share of machinery and electric equipment, 11 per cent of petroleum products).

The metal industry contributed to 22.3 per cent of exports. This indicates that the raw metal output is increasing at Mostar Aluminij and Zenica steelworks, while demand on the local market is dropping.

Croatia was the main trade partner (16.9 per cent of export and 17.8 per cent of import). Germany, Serbia, Italy and Slovenia followed.
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