02/02/2026
🆕 evidence from 🇧🇦 shows that illicit trade has declined in recent years 📉
from the Универзитет у Бањој Луци analyzed data & found that illicit trade decreased from 32% to 8️⃣% from 2019-2025, specifically:
- from 18% to 7️⃣% for manufactured ci******es, which account for 91% of total ***co consumption, and
- from 95% to 8️⃣2️⃣% for hand-rolled to***co, which accounts for 2% of total ***co consumption.
Read more about the illicit market & the expert recommendations 👇
https://www.economicsforhealth.org/research/size-and-characteristics-of-to***co-tax-evasion-in-bosnia-and-herzegovina-2025-working-paper-series/