Annual Report on BiH International Trade in Goods by Invoicing Currency (TIC)
Reference Metadata in Euro SDMX Metadata Structure
Agency for Statistics of Bosnia and Herzegovina 
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference period
6. Institutional mandate
7. Confidentiality
8. Release policy
9.  Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy and reliability
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and burden
17. Data revision
18. Statistical processing
19. Comment
1. Contact
1.1. Contact organisation AGENCY FOR STATISTICS OF BOSNIA AND HERZEGOVINA
1.2. Contact organisation unit Sector for Economic Statistics - Department for International Trade Statistics
1.3. Contact name a) Goran Slatinšek
b) Adisa Čubro
1.4. Contact person function a) Head of Department for International Trade Statistics
b) Senior adviser for calculation of indices 
1.5. Contact mail address Zelenih beretki 26, 71 000, Sarajevo
1.6. Contact email address goran.slatinsek@bhas.gov.ba
adisa.cubro@bhas.gov.ba
1.7. Contact phone number  +387 33 911 965 
 +387 33 911 959
1.8. Contact fax number  +387 33 220 622
2. Metadata update
2.1. Metadata last certified 08/01/2026
2.2. Metadata last posted 08/01/2026
2.3. Metadata last update 08/01/2026
3. Statistical presentation
3.1. Data description BiH international trade in goods statistics measure the value and quantity of goods traded between BiH and other countries.
BiH international trade in goods by invoicing currency data (TIC data) are part of the information available for BiH international trade in goods statistics. The invoicing currency is the currency in which the commercial invoice is drawn up. Data by invoicing currency can be used for instance to explore the use of the euro, the U. S. dollar and the BiH convertible mark in the BiH's international trade in goods. These statistics are very useful to BiH Central Bank, for comparing the BiH convertible mark with other international currencies. These data are also used by financial market segments or foreign investors.

Statistical dimensions available for TIC data are:
• reference period;
• trade flows;
• product;
• currency.
3.2. Classification system Product classification
The Standard International Trade Classification (SITC) is managed by the United Nations and correlated with the Harmonised System. SITC Rev. 4 comprises 2 970 basing headings which are aggregated into 262 groups, 67 divisions and 10 sections. TIC data are based on the sectionof SITC complemented by the division 33 "oil".
3.3. Sector coverage BiH international trade in goods by invoicing currency statistics cover all goods entering (imports) or leaving (exports) the statistical territories of BiH. The statistical territory of BiH corresponds to its customs territory.
TIC data cover all sectors of the economy.
3.4. Statistical concepts and definitons Product – Goods are primarily classified by commodity code as set out in the Customs Tariff of BiH (in line with EU Combined Nomenclature). TIC data are compiled on the basis of a correspondence table enabling the transposition of detailed data collected according to the Customs Tariff of BiH into the Standard International Trade Classification (SITC). The new European Business Statistics (EBS) Regulation requires SITC sections 0 to 9, as well as division 33, to be disseminated individually.

Currency – The invoicing currency is the currency in which the commercial invoice is drawn up. Its definition is provided by the customs legislation. Invoicing currencies which are disseminated are: Euro-EUR, Convertible mark-BAM, U.S. dollar-USD, Swiss franc-CHF, Danish crone-DKK, Hungarian forint-HUF, Polish zloti-PLN, Pound sterling-GBP, Russian ruble-RUB and grouping Other currencies. The most important invoicing currencies for BiH international trade in goods are euro, U.S. dolar and the national currency-BAM.
3.5. Statistical unit Statistical unit in BiH international trade in goods by invoicing currency statistics is any legal or natural person that exports or imports goods i. e. lodges a single administrative document (customs declaration) to the Indirect Taxation Authority (Customs).
3.6. Statistical population The statistical population comprises all the legal and natural persons lodging a single administrative document (customs declaration) to the Indirect Taxation Authority (Customs).
3.7. Reference area Data refer to Bosnia and Herzegovina.
3.8 Time coverage TIC data have been produced and disseminated annualy since 2013.
3.9. Base period Not applicable.
4. Unit of measure • Trade values by invoicing currency
• Share of each invoicing currency in imports and exports
5. Reference period The reference period for BiH international trade in goods statistics is a month when the single administrative document (customs declaration) is accepted by the Indirect Taxation Authority (Customs).
The reference years for which TIC data are disseminated result from the aggregation of monthly figures from January to December.
6. Institutional mandate
6.1. Legal acts and other agreements • Law on Statistics of Bosnia and Herzegovina,
• Multiannual statistical programmes and annual work plans of the Agency for Statistics of Bosnia and Herzegovina,
6.2. Data sharing Not applicable.
7. Confidentiality
7.1. Confidentiality-policy Law on Statistics of BiH (Official Gazette of BiH 26/04 and 42/04 - Chapter XI - Article 23.-29.) establishes the principle of confidentiality as one of the main principles. Agency for Statistics of BiH produces and disseminates data in line with statistical principles of the European Statistics Code of Practice and in particular with the principle of statistical confidentiality.
7.2. Confidentiality-data treatment BiH international trade in goods by invoicing currency data are not detailed enough to make it possible to identify a specific trader (legal or natural person). Therefore no specific data treatment applies i.e. dana protection.
8. Release policy
8.1. Release calendar  At the end of December every year, the Agency for Statistics of Bosnia and Herzegovina announces the Release Calendar with the precise date and time of publication of the statistics for the following year.
TIC data are published in the release "BiH international trade in goods by invoicing currency statistics" and Thematic Bulletin "BiH international trade in goods".
8.2. Release calendar access The Calendar is available on:
https://bhas.gov.ba/Calendar/
8.3. User access Data are distributed to all users via official web page of the Agency for Statistics of Bosnia and Herzegovina:
https://bhas.gov.ba 
 
9.  Frequency of dissemination BiH international trade in goods by invoicing currency statistics are published every year in February.
10. Accessibility and clarity
10.1. News release • Annual release "BiH International Trade in Goods by Invoicing Currency Statistics":
https://bhas.gov.ba/Calendar/Category/11
10.2. Publications  • Thematic Bulletin „BiH International Trade in Goods“:
https://bhas.gov.ba/Calendar/Category/11
 
 
10.3. On-line database Not available.
 
10.4. Micro-data access  Not applicable.
10.5. Other Not applicable.
10.6. Documentation on methodology European business statistics compilers' manual for international trade in goods statistics – detailed data – This Guide provides clarifications, often through concrete examples, to help the compilers to better interpret and apply the complex legislation on international trade in goods statistics.



 
https://ec.europa.eu/eurostat/web/products-manuals-and-guidelines/w/ks-01-25-007 
European business statistics compilers' manual for international trade in goods statistics – trade by invoicing currency – This compilers’ manual is meant to serve as a practical reference document for all National Statistical Authorities involved in the compilation of EU statistics on trade in goods by invoicing currency (TIC). As such, it provides the necessary definitions and practical instructions regarding the preparation and transmission of TIC data to Eurostat.
https://ec.europa.eu/eurostat/web/products-manuals-and-guidelines/w/ks-01-24-026 
10.7. Quality documentation „BiH International Trade in Goods Statistics - Quality Report“:
http://bhas.gov.ba/Content/Read/92?title=Kvalitet&lang=en
11. Quality management
11.1. Quality assurance Quality Management Policy as an element of the system of quality management generally is related to the following components: product quality of the process as well as other elements of the system for quality management, such as planning and controls. To assure the quality of processes and products, Agency for Statistics of BiH is the implementation of the Quality management model (TQM) done using the CAF tool. The Common Assessment Framework (CAF) is a total quality management tool developed by the public sector for the public sector, inspired by the Excellence Model of the European Foundation for Quality Management (EFQM). Process of self-assessment identifies and monitors all organization results, provides feedback on organizational capacity and results of policy and planning processes. The scoring tool for self-assessment has 9 key indicators and 28 criteria based on which it is possible to measure management level achieved and determine which are the critical points for improvements in future. It looks at the organization from different angles at the same time: the holistic approach to organization performance analysis. Agency for Statistics of BiH uses „The CAF guidelines for implementation“ and a 10-step implementation plan developed to help organizations use it in the most efficient and effective way. Process of self-assessment identifies and monitors all-important organizational results and provides feedback on organizational capacities and results of policy and planning processes. This model of quality monitoring requires the development of a standardized questionnaire that includes all principles in the model. Agency for statistics of BiH is committed to quality assurance in the production of official statistics based on Article 19, Paragraph 1 of Law of Statistics BIH, Official Gazette of BiH 26/04 and 42/04. In order to ensure the quality of statistics Agency for statistics of BiH developed a documented Policy and programme for quality management which is available on web site:
https://bhas.gov.ba/Content/Read/92?title=Kvalitet
11.2. Quality assessments The quality of official statistics’ products (main indicators/statistics) are regularly assessed in quality reports through the calculation of quality indicators. On other hand, processes included in statistical production are assessed by specific process quality indicators in quality reports and additionally through Generic Statistical Business Process Model (GSBPM) documentation.
12. Relevance
12.1. User needs Data by invoicing currency can be used for instance to explore the use of the euro, the U. S. dollar and the BiH convertible mark in the BiH's international trade in goods. These statistics are very useful to BiH Central Bank, for comparing the BiH convertible mark with other international currencies. These data are also used by financial market segments or foreign investors.
12.2. User satisfaction Agency for Statistics of BiH does not carry out a user satisfaction survey focused solely on BiH internationa trade in goods statistics.
A user satisfaction survey which refers to all statistical domains together was conducted in November 2023:
The survey is available on: 
https://bhas.gov.ba/Content/Read/92?title=Kvalitet
12.3. Completeness All key indicators, which are required by EU legislation and international standards for international trade in goods by invoicing currency statistics, are produced.
13. Accuracy and reliability
13.1. Overall accuracy TIC data accuracy depends mainly on the accuracy of single administrative documents (customs declarations). Data accuracy is at a satisfactory level. Since the basic data consist of a large number of single administrative documents (customs declarations), it is difficult to achieve the absolute accuracy of disseminated data.
13.2. Sampling error BiH international trade in goods by invoicing currency statistics are not collected via samples and so are not impacted by sampling errors. BiH international trade in goods by invoicing currency data are obtained from administrative source (Indirect Taxation Authority - Customs).
13.3. Non -sampling error The accuracy of TIC data is primarily impacted by issues in the collection and production of international trade in goods statistics combined with issues in the reporting of the invoicing currency by the legal or natural person when lodging a single administrative document (customs declaration).
14. Timeliness and punctuality
14.1. Timeliness  Annual TIC data are disseminated 58 days after the end of reference year in an annual release. 
14.2. Punctuality TIC data are published on time, in line with Release Calendar.
  
15. Coherence and comparability
15.1. Comparability-geographical BiH international trade in goods statistics and BiH international trade in goods by invoicing currency statistics follow EU legislation and Eurostat's recommendations regarding concepts and definitions. From a methodological point of view, this ensures the comparability across countries.
15.2. Comparability-over time Changes due to definitions, classifications, coverage or methods will have an impact on the continuity of the time series. 
15.3. Coherence-cross domain Apart from the TIC dataset, information on trade flows can be found in the detailed BiH international trade in goods statistics. The intra-domain checks carried out before any data dissemination ensure the coherence between the trade values published in the TIC dataset and trade values coming from detailed BiH international trade in goods statistics.
15.4. Coherence-internal The internal coherence of the TIC dataset is ensured by the intra-dataset checks carried out before any data dissemination.
16. Cost and burden As regards production of BiH international trade in goods statistics, BiH international trade in goods by invoicing currency statistics and unit value indices of export and import of BiH, two persons work full time in the Department for Internationa Trade Statistics. A support of IT department is also necessary.
As regards cost and burden to data providers, administrative data are used. Source of data is the Indirect Taxation Authority (Customs) and data from single administrative documents (customs declarations) are used. Agency for Statistics of BiH does not have information on cost and burden to reporting units (companies). 
17. Data revision
17.1. Data revision-policy Agency for statistics of BiH has an official document on revision policy. Disseminated data are subject to the possibility of later revisions.
17.2. Data revision-practice BiH international trade in goods by invoicing currency data are only exceptionally revised. 
18. Statistical processing
18.1. Source data TIC data are derived from the combination of two types of information:
• BiH international trade in goods transactions collected via single administrative documents (customs declarations)
• Invoicing currencies collected via single administrative documents (customs declarations)
18.2. Frequency of data collection Collection of BiH international trade in goods data: every month via single administrative documents (customs declarations).

Collection of the invoicing currency information: every month via single administrative documents (customs declarations).
18.3. Data collection Collection of BiH international trade in goods data
The source of information on BiH international trade in goods transactions is the single administrative document (customs declaration) submitted by businesses and, in some cases, by private individuals involved in a BiH international trade in goods transaction.

Collection of the invoicing currency information
The invoicing currency is the currency in which the commercial invoice is drawn up. It is mandatory information to be collected by the Indirect Taxation Authority (Customs).
18.4. Data validation Indirect Taxation Authority (Customs) carries out primary checks of single administrative documents (customs declarations). For example, a check whether all the necessary fields in single administrative documents (customs declarations) are filled in.
Agency for Statistics of BiH carries out data validity checks. A data validity error is detected when a data entry is incorrect, so the data cannot be included in the statistical analysis and must be deleted or corrected. Examples of such errors are inaccurate or missing codes, values ​​that do not exist in single administrative documents (customs declarations), letter labels in numeric fields and vice versa, etc. Also, some data that passed validity checks can still be inaccurate. Residual errors can be detected if inconsistent variables are sought. For example, a single administrative document (customs declaration) is internally inconsistent when different variables are compared, or it is inconsistent with the data submitted in previous months.
18.5. Data compilation Trade values (in the national currency-BAM, euro and U.S. dollar) by invoicing currency are calculated.
The share of each invoicing currency in the imports and exports of Bosnia and Herzegovina is calculated on the basis of the trade values.
18.6. Adjustment No data adjustment is applied (for example, seasonal adjustment of data).
18.7. Seasonal adjustments Not available.
19. Comment /