The timber industry in Bosnia and Herzegovina is the only sector with a trade surplus

The timber industry of Bosnia and Herzegovina is the only sector of the economy that has a trade surplus, which amounted to BAM 725.7 million in six months, according to the Chamber of Foreign Trade of Bosnia and Herzegovina.

Exports during the mentioned period amounted to BAM 1.03 billion, more than BAM 263.03 million or 34% compared to the first half of last year, while imports were BAM 304, 7 million BAM and over 64.7 million BAM or 27% compared to six months in 2020.

Furniture, supports and mattresses were exported for a value of BAM 606,094,475, or BAM 163,333,183, or 37% more than in the first half of last year, while exports of timber and its products amounted to 424,303,276 BAM, or more than 99,696,966 BAM or 31. percent.

The most important export market for furniture and its parts is Germany, where these products were exported in six months for a value of 172 114 716 BAM, 20% more than in the same period the last year.

Exports to Croatia amounted to 73,527,885 BAM, or 53% more, to the Netherlands, furniture was exported to the tune of 53,349,874 BAM, or 65% more, while exports to Italy amounted to 35,245,861 BAM (30% increase), and in Austria 33,355,974 BAM (36% increase), writes Biznis Info.

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