Great Decrease in Value of Sales of Agricultural Products on the Markets in BiH

October 1, 2020 10:30 AM

 

The value of sales of agricultural products on the markets in the Federation of Bosnia and Herzegovina in August this year amounted to 1,409,719 BAM, which is a decrease in sales by 493,960 BAM or 25.9 percent compared to August 2019.

According to the Federal Bureau of Statistics, the share in total sales of agricultural products in markets, observed by product groups, was as follows: vegetables 47.6 percent, fruits 22.1 percent, poultry and eggs 10.5 percent, milk and dairy products 9.3 percent, honey 2.8 percent and other products 7.7 percent.

In the period January-August 2020 export amounted to 6 billion 600 million BAM, which is 14,1% lower than in the same period of 2019, and import amounted to 10 billion 840 million BAM, which is 17% lower than in the same period of last year. The coverage of import by export was 60,9% and international trade.

Export to CEFTA countries amounted to 1 billion 53 million BAM, which is 15,3% lower than in the same period of 2019, while import amounted to 1 billion 371 million BAM, which is 12,7% lower than in the same period of last year. The coverage of import by export was 76,8%, according to data from BiH’s Agency for Statistics.

Export to EU countries amounted to 4 billion 836 million BAM, which is 14,1% lower than in the same period of 2019, while import amounted to 6 billion 558 million BAM, which is 17,9% lower than in the same period of last year.

 

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