This article sets out trade between India and Bosnia and Herzegovina (BiH), the goods traded, the business opportunities named in the brief, the trade and investment agreements, the Joint Committee on Trade and Economic Co-operation and India's participation in trade fairs. It is based on the MEA bilateral brief of July 2026, and the figures describe the position at that time.

Trade figures

According to the MEA brief of July 2026, bilateral trade (January to December, in USD million) was as follows. The brief gives Trademap.org and the Bosnia Statistical Agency as its sources.

  • 2025: Indian exports to BiH 214.6, Indian imports from BiH 6.6, total trade 221.2
  • 2024: Indian exports to BiH 147.5, Indian imports from BiH 12.8, total trade 160.3
  • 2023: Indian exports to BiH 225.5, Indian imports from BiH 11.8, total trade 237.3
  • 2022: Indian exports to BiH 447.8, Indian imports from BiH 3.3, total trade 451.1
  • 2021: Indian exports to BiH 139.4, Indian imports from BiH 2.4, total trade 141.8
  • 2020: Indian exports to BiH 68.8, Indian imports from BiH 3.9, total trade 72.7

As of the brief, total trade in 2025 stood at USD 221.2 million.

Goods traded

Items exported by BiH to India include mineral fuels, articles of paper, aluminium structures, articles of wood, inorganic chemicals, toys, sports equipment, wool, animal products, and glass and glassware.

India's exports to BiH include coffee, tobacco, stone products, aluminium, textile articles, footwear, articles of iron and steel, glassware, organic chemicals, carpets and other textile floor coverings, and motor vehicle accessories.

Business opportunities

The brief states that business opportunities exist in automobile components, metal processing, hydro-energy, wood processing, mining, food-processing, tourism, traditional medicine, higher education (IT and Medicine), and the pharmaceutical and construction industries.

Trade and investment agreements

The trade-related agreements listed in the brief are:

  • Agreement on Trade Cooperation, signed in 2002
  • Agreement on Establishment of Joint Business Council between the Foreign Trade Chamber of BiH and FICCI, signed in 2003
  • Bilateral Investment Promotion & Protection Agreement, signed in 2006; the brief notes that a new BIT has been proposed
  • Memorandum of Understanding between the Confederation of Indian Industry (CII) and the Foreign Trade Chamber of Bosnia and Herzegovina (FTC BiH), in 2013

Joint Committee on Trade and Economic Co-operation

A Joint Committee on Trade and Economic Co-operation at Joint Secretary level has been set up to oversee trade and investment. The 2nd Joint Committee Meeting took place in Delhi in September 2006, when the status of trade and economic cooperation was reviewed. The 3rd Meeting took place in Sarajevo on 25 September 2012, after a gap of six years.

Mr. Mato Franjicevic, Deputy Minister of Foreign Trade and Economic Relations of BiH and Co-Chair of the Joint Committee from the BiH side, led a delegation to India in December 2016. He held a meeting with the Co-Chair from the Department of Commerce in India.

Trade fairs

The Embassy of India participated in the 22nd International Economic Fair in Mostar, held from 9-13 April 2019. It had also taken part in the 2016 and 2018 editions of the fair.

Business delegations have also accompanied ministerial visits, including a high-level CII business delegation with the Indian Minister of State for External Affairs in July 2012, as described in the relations article.