Bosnia's Serb Republic trade gap narrows in 2020

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The trade deficit of Bosnia's Serb Republic fell 7.4% to BAM 1.1 billion (USD 672 million) in 2020, the entity's statistical office said. Exports decreased by an annual 6.2% to BAM 3.4 billion, while imports dropped by 6.5% to BAM 4.5 billion on 2020, the Serb Republic's Institute of Statistics said in a monthly report.

The entity's largest trade partner in 2020 was Serbia with a share of 16.6% of total trade turnover, followed by Italy with 14% and Germany with 10%. 

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