The export of weapons and ammunition from Bosnia has more than doubled in the last four years, and only last year it increased by over 20 million KM, BiznisInfo reports.
According to the Agency for Statistics of BiH, the export of weapons and ammunition last year amounted to 194 million KM (almost 100 million euros), while in 2014 it was 92 million.
Most companies in this industry are located in the Federation (FBiH), and most of the exports relate to this Bosnian entity.
Production of weapons and ammunition is taking place in 14 companies in FBiH employing around 3,500 workers, and products are exported to more than 54 countries.
The main export markets are Saudi Arabia, Egypt, the United States, Pakistan, Bulgaria, Malaysia, Serbia, Afghanistan, Switzerland and Angola.
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