A total 16.4 million euros worth of Bosnian weapons and military equipment was shipped to Serbia-Montenegro during the year, most of it explosives, SRNA said.

Bosnia's devastating 1992-95 war was fought between Muslims, Croats and the Serb forces backed by the regime of late former Yugoslav leader Slobodan Milosevic.

The now defunct Serbia-Montenegro was the second biggest purchaser of weapons from the Balkan country, exceed only by Malaysia, which purchased 17.3 million euros worth of arms from Bosnia last year.

Among the other main buyers were the United States, Switzerland, Germany, Britain and two other former Yugoslav republics, Macedonia and Croatia, according to SRNA.

Most of the exports -- carried out in consultation with the European Union forces still serving in Bosnia -- were of hand grenades, mines and other military ammunition, the agency said, citing a Bosnian government report.

Over the same period, Bosnia imported 14.3 million euros worth of weapons and military equipment. It was not clear whether this represented the first arms trading surplus for the country.

Bosnia came under the spotlight in 2002 when NATO-led peacekeepers discovered that the Orao defence company, operating under the Bosnian Serb military, was refurbishing military aircraft for Iraq despite a United Nations embargo.

Serbia and Montenegro are now independent countries.

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