Turkey and Bosnia and Herzegovina, which are connected to each other with historical, cultural, political and demographic ties, have established mutual mechanisms for further development of commercial and economic relations. Bosnia and Herzegovina is also an important transit route for reaching Mediterranean countries by land in terms of the logistics sector. As CDA Logistics, we carry out complete and partial import and export transportation on the Turkey – Bosnia and Herzegovina line with our long-standing experience.

Export from Turkey to Bosnia and Herzegovina

Although Turkey’s exports to Bosnia and Herzegovina have been increasing steadily in recent years, they have not yet exceeded the 1 billion dollar limit. Exports, which have increased by more than 100 percent compared to 10 years ago, are expected to break a record by reaching 800 million dollars. Mineral fuels and oils, food, land vehicles, textiles, plastic products, apparel, televisions, pharmaceuticals, white goods, iron and steel, and sugar products are among Turkey’s main export products to Bosnia and Herzegovina.

Imports to Turkey from Bosnia and Herzegovina

Turkey’s imports from Bosnia and Herzegovina, which follow an up-and-down course, generally vary between 200 and 300 million dollars. Leather, stout, chemicals, wood, meat and agricultural products are among the products that Turkey imports the most from Bosnia and Herzegovina.

Economic Relations Between Turkey and Bosnia and Herzegovina

Turkey’s trade volume with Bosnia and Herzegovina, which is around 1 billion dollars, is below its potential. Turkish companies have an important place among foreign investors in Bosnia and Herzegovina. The total investments of around 100 Turkish companies operating in the country are around 250 million dollars. Turkish companies provide employment for over 2 thousand people. The amount of projects undertaken by Turkey-based contracting companies in Bosnia and Herzegovina is approaching 600 million dollars.

Within the scope of the Free Trade Agreement (FTA) that entered into force on July 1, 2003, no customs duty is applied to Turkey’s industrial products in Bosnia and Herzegovina. The FTA in question was updated on May 2, 2019 and entered into force on August 1, 2021.

As CDA Logistics, you can contact us for advantageous freight offers for your import and export processes between Turkey and Bosnia and Herzegovina.