1.1.Location, economy and trade
Bosnia and Herzegovina is located in South-East Europe, on routes connecting the Balkans with EU markets. Its economy is industrial, undergoing modernisation and deeper integration with EU markets. In day-to-day operations, the strongest concentration of demand is around: Sarajewo, Banja Luka, Tuzla, Zenica, Mostar.
Trade is particularly connected with the following markets: Germany, Italy, Croatia, Serbia and Slovenia. For transport, recurring industrial and distribution flows to and from the main economic hubs are the key factor.
The currency is the convertible mark (BAM); introduced in 1998; the currency is pegged to the euro. Always confirm the exchange rate before pricing freight, tolls or ancillary costs.