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Trade and economic cooperation

In 2021, the trade turnover with Bosnia and Herzegovina reached USD 17.1 million, which is 18% more than in 2017. Meanwhile exports of goods amounted to USD 12.4 million and rose by 61% compared to 2017.

The exports structure includes more than 100 product groups. The most important of them vehicles and parts thereof, machinery and appliances, woodworking products. The import from BiH is dominated by products of metallurgy, footwear and textile industry, machinery and home appliances.

Bilateral turnover in services is in the margins of USD 0.6 million. Transport, healthcare and business services account for the major part of exports.

There are no companies in Belarus established with capital from BiH. The distribution network of Belarusian producers in Bosnia and Herzegovina is under development. The interests of the mining dump trucks producer “BelAZ” are represented through the authorized distributor Premar Services AG (Switzerland).

Belarus and BiH are successfully cooperate within a project of supplying articulated trolleybuses made by “Belkommunmash” to the capital of Bosnia and Herzegovina. The first vehicles were delivered to Sarajevo in 2022.

Trade and industry chambers as well as companies of both countries are engaged in business cooperation.

 

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