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Bosnia and Herzegovina

Welcome to the price transmission page for Bosnia and Herzegovina. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Bosnia and Herzegovina

Historic Warnings per Commodity

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Background information

After years of insecurity following the independence of the Soviet system in 1992 and the Bosnian war in 1995, Bosnia and Herzegovina is still in a transitional phase with limited market reforms. Export of metals, energy, textiles and furniture account for a key share of GDP. The economy moreover relies heavily on remittances and foreign aid. Excessive red tape hinders much needed foreign investment. Tourism is increasingly gaining importance.

The land exhibits a hostile geographical composition consisting of mountainous territory covered with poorly fertile soil, meaning that less than one-fifth of the total land area is suitable for agriculture. Natural endowments together with a fragmented farm structure lead to low productivity and high inefficiency. Main agricultural outputs are milk and meat next to wheat, maize, soybeans and tobacco. Private small-scale farming provides a basis of live for around 60% of the population. Due to low domestic productivity however, Bosnia and Herzegovina has to import large amounts of cereal. Therefore food security is an issue of primary importance if taken into account from the supply side.

Despite limited market reforms, the country exhibits high levels of literacy, education and life expectancy. Moreover, the 2015 GHI for Bosnia and Herzegovina is low (<5).