How much did Korea and Bosnia and Herzegovina trade in 2025, and what were their main traded goods?

Bilateral trade totaled $41.59 million in 2025. Korea’s main exports were steel, electronic equipment and auto parts, while its main imports from Bosnia and Herzegovina were lead ore and clothing, according to the Korea International Trade Association.

Korea-Bosnia and Herzegovina economic cooperation agreement takes effect

Q: What does the Korea-Bosnia and Herzegovina economic cooperation agreement allow the two countries to do?

The agreement provides an institutional basis for expanding cooperation in investment, tourism, agriculture and other sectors. It also allows the countries to convene economic and technical experts to review implementation and discuss ways to strengthen cooperation.

Q: How did the Korea-Bosnia and Herzegovina agreement enter into force?

The agreement was signed in Sarajevo in March and took effect 30 days after the two countries notified each other that they had completed their respective domestic procedures for its entry into force.

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Summary

A bilateral economic cooperation agreement between Korea and Bosnia and Herzegovina took effect Friday, providing a framework for expanding ties in investment, tourism, agriculture and other sectors. The countries signed the agreement in Sarajevo in March, and it entered into force 30 days after they notified each other that domestic procedures were complete. The agreement allows meetings of economic and technical experts to review implementation and discuss ways to strengthen cooperation. The government plans to pursue more such agreements to expand its economic diplomacy network and support local companies entering global markets.

Key Facts

Bilateral trade between Korea and Bosnia and Herzegovina reached $41.59 million in 2025, according to the Korea International Trade Association.
Korea mainly exported steel, electronic equipment and auto parts to Bosnia and Herzegovina, while importing mostly lead ore and clothing.
With the agreement in force, Korea has 102 economic cooperation agreements in force.

By Yonhap

Published Nov 6, 2026 2:30 pm KST

Korean Ambassador to Croatia Lee Seung-buhm, left, who is concurrently accredited to Bosnia and Herzegovina, and Bosnian Minister of Foreign Trade and Economic Relations Stasa Kosarac posing for a photo during a signing ceremony for a bilateral economic cooperation agreement in Sarajevo, March 16. Courtesy of Ministry of Foreign Affairs

A bilateral economic cooperation agreement between Korea and Bosnia and Herzegovina took effect Friday, providing an institutional framework for expanding ties in investment, tourism, agriculture and various other sectors, Seoul's foreign ministry said.

The agreement was signed in Sarajevo in March and is taking effect 30 days after the two countries notified each other that they have completed their respective domestic procedures for its entry into force, according to the ministry.

"The agreement is expected to consolidate economic ties with Bosnia and Herzegovina and provide an institutional basis for Korean companies seeking to expand into the Balkan region," the ministry said in a release.

It also allows the two countries to set up meetings of economic and technical experts to review its implementation and discuss ways to strengthen economic cooperation, which is expected to further deepen bilateral practical cooperation, the ministry added.

Bilateral trade reached $41.59 million in 2025, with Korea exporting mainly steel, electronic equipment and auto parts, while importing mostly lead ore and clothing, according to the Korea International Trade Association.

With the agreement taking effect, Korea now has 102 economic cooperation agreements in force. The government plans to continue pursuing such agreements to expand its economic diplomacy network and support local companies' entry into global markets.

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