Customs data show that Bosnia and Herzegovina remained a net electricity exporter in the first seven months of 2026. The position was maintained after the value of power imports fell by almost half year on year. Electricity purchases from abroad totaled approximately EUR 101.1 million between January and July. In the same period of 2025, purchases were EUR 199.6 million.
Import and export values for January to July 2026
Export revenue also declined during the period, but at a slower pace than import spending. Receipts from electricity exports fell to EUR 205.1 million from EUR 260.1 million. The customs figures indicate that the trade surplus was supported by the sharper reduction in import expenditure.
Trade flows by partner country
Serbia was Bosnia and Herzegovina’s largest power-trading partner in the first seven months of 2026. Exports to Serbia were valued at about EUR 97 million, while imports from Serbia reached EUR 26.6 million. Other major sources of imported electricity included Croatia, with EUR 24.7 million, and Slovenia, at EUR 19.8 million. Imports from Montenegro were EUR 12.9 million.
Croatia was the second-largest destination for Bosnian electricity exports over the same period. Purchases by Croatia amounted to EUR 34.5 million. Exports to Slovenia followed with EUR 28 million, ahead of Switzerland at EUR 14.7 million. Montenegro accounted for EUR 13.9 million.
Hydrology outlook and regional price levels
The drop in import expenditure coincides with conditions that may include stronger domestic availability, including additional output from privately developed wind and solar projects. At the same time, trade values alone do not provide a full picture of market impacts across producers and utilities. Lower export revenue is negative for producers, while reduced import dependence supports domestic utility finances.
Hydrology remains the main risk for the rest of the summer, according to the same customs-based assessment. Bosnia and Herzegovina is partly protected by its sizeable thermal fleet, and conditions on the Drina and Neretva rivers have remained comparatively stable. Any need for additional imports could be expensive if dry conditions develop. Tight supply and summer demand have pushed regional wholesale prices as high as EUR 500/MWh in individual hours.
Larger balance since 2020
The longer-term trade position remains strongly positive based on cumulative figures from 2020 through 2025. Over that span, Bosnia and Herzegovina imported about EUR 956 million of electricity and exported roughly EUR 2.56 billion. The export value was nearly 2.7 times the value of imports.
