Bosnia and Herzegovina remained a net electricity exporter in the first seven months of 2026 after cutting the value of its power imports by almost half year on year, customs figures show.
Electricity purchases from abroad totaled approximately EUR 101.1 million between January and July, compared with EUR 199.6 million in the same period of 2025. Export revenue also declined, but at a slower pace, falling to EUR 205.1 million from EUR 260.1 million.
Serbia was by far Bosnia and Herzegovina’s largest power-trading partner. Exports to Serbia were valued at about EUR 97 million, while imports from the country reached EUR 26.6 million. Other major sources of imported electricity were Croatia at EUR 24.7 million, Slovenia at EUR 19.8 million and Montenegro at EUR 12.9 million.
Croatia was the second-largest destination for Bosnian electricity, buying EUR 34.5 million during the period. Slovenia followed with EUR 28 million, ahead of Switzerland at EUR 14.7 million and Montenegro at EUR 13.9 million.
The fall in import expenditure may indicate stronger domestic availability, including additional output from privately developed wind and solar projects. However, trade values alone do not provide a complete picture: lower export revenue is negative for producers, while reduced import dependence supports the finances of domestic utilities.
Hydrology remains the main risk for the rest of the summer. Bosnia and Herzegovina is partly protected by its sizeable thermal fleet, and conditions on the Drina and Neretva rivers have remained comparatively stable. Even so, any need for additional imports could be expensive. Tight supply and summer demand have pushed regional wholesale prices as high as EUR 500/MWh in individual hours.
The longer-term balance remains strongly positive. From 2020 through 2025, Bosnia and Herzegovina imported about EUR 956 million of electricity and exported roughly EUR 2.56 billion, putting export value at nearly 2.7 times the value of imports.
