Every one has a Key, It's just a matter of using it Right

India - Bosnia Business and Cultural Council

Bosnia and Herzegovina, located in Southeast Europe, is a country known for its diverse cultural heritage and natural landscapes. Its capital is Sarajevo. The nation has a complex political structure due to its multi-ethnic composition.

Ambassador and Consul General

The Consul General of Bosnia, Mr. Sudhir Navalakha accepted the Honorary Membership of Global India Business Forum, in the presence of Ms. Deepali Gadkari, Global Coordinator and Madura & Bhakti Jamdagni. Realizing the trade potential between India and Bosnia, Global India Business Forum and Consulate of the Republic of Bosnia agreed to Cooper with each other in facilitating mutual investment, trade and economic cooperation.

embassy-of-bosnia-ambassador-and-consul-general

Exports

Aluminium,Transport equipment, Processed wood, Electricity, Car seats

Imports

Mineral fuel, Lubricants, Machinery, Chemical products, Food & live animal

about-bosina-india-bosnia-business-and-cultural-council

About Bosnia

Bosnia and Herzegovina, simply called as Bosnia, is a country located in South and Southeast Europe and is located within the Balkans. Sarajevo is the country’s capital and is also the largest city. The country shares its borders with Serbia, Montenegro and Croatia. The country is not a completely landlocked one as there is a narrow coast of the Adriatic Sea in the south which is around 20 km. long.The country has hot summers and cold and snowy winters, while the topography of Bosnia is quite diverse. Some parts of the country are mountainous, while some areas are moderately hilly and there are flat lands in some parts of the country too.The current population of Bosnia currently stands at 32,80,819. The country has three main ethnic groups which are the Bosniaks, the Serbs and the Croats. The country is a developing one and it currently ranks 75th on the Human Development Index.The major sectors that help the Bosnian economy grow are agriculture and industry, followed by tourism and service sectors. The country also has a universal healthcare system and the primary and secondary education is tuition-free.Bosnia is a member of the UN, Organisation for Security and Co-operation in Europe (OSCE), Council of Europe and the Central European Free Trade Agreement and is also the founding member of the Union for the Mediterranean, which was established in the year 2008.

Business Opportunities in Bosnia

One of the main sectors that contribute towards Bosnia’s growth is the agriculture sector. There are a lot of business opportunities in this sector for other countries as other countries can invest in the agro-based infrastructure to help strengthen the sector of Bosnia.Since Bosnia is a developing country, there are a lot of infrastructure problems faced by the country. Hence, there is a lot of scope for other countries to invest in the infrastructure sector of the economy, thereby contributing towards the growth of the Bosnian economy.

business-opportunities-bosnia-india-bosnia-business-and-cultural-council

Exports and Imports in Bosnia

Overview In 2022, Bosnia and Herzegovina was the number 110 economy in the world in terms of GDP (current US$), the number 102 in total exports, the number 96 in total imports, the number 88 economy in terms of GDP per capita (current US$) and the number 39 most complex economy according to the Economic Complexity Index (ECI).

top-export-of-bosina-india-bosnia-business-and-cultural-council

Top Exports of Bosnia

The top exports of Bosnia and Herzegovina are Electricity ($606M), Raw Aluminium ($458M), Seats ($338M), Insulated Wire ($337M), and Iron Structures ($335M), exporting mostly to Croatia ($1.47B), Germany ($1.46B), Serbia ($1.35B), Italy ($1.07B), and Austria ($942M).

top-import-of-bosina-india-bosnia-business-and-cultural-council

Top Imports of Bosnia

The top imports of Bosnia and Herzegovina are Refined Petroleum ($1.46B), Raw Aluminium ($595M), Coal Briquettes ($492M), Cars ($437M), and Electricity ($344M), importing mostly from Croatia ($2.45B), Serbia ($2.14B), Germany ($1.33B), Italy ($1.26B), and China ($1.04B).