The subject paper analyzes the trend of exports and its impact on the economic growth of the Republic of Srpska. The volume of economic activity and foreign trade of Republika Srpska are significantly related to macroeconomic trends in the countries of the European Union. In this regard, a decline in industrial production was recorded in EU countries, and especially in Germany, in 2024. This had a direct impact on the reduction of foreign demand, and thus the export of goods from Republika Srpska. Economic activity in Germany is expected to decline by 0.1% in 2024, while the projected growth for 2025 is 0.7%. On the other hand, in Serbia, which is the most important foreign trade partner of Republika Srpska, strong growth is expected in 2024, as well as in the medium-term period, which will amount to 4.2% annually in real terms. In the Republic of Srpska in 2025, a gradual recovery of exports is expected, as well as a continuation of moderate growth of imports.