By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Almost 100 Million BAM of Milk imported in BiH
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Almost 100 Million BAM of Milk imported in BiH
BUSINESS

Almost 100 Million BAM of Milk imported in BiH

Published: July 16, 2022
Share
SHARE

In the first six months of this year, 25.1 million kilograms of milk and milk products, worth almost 99.6 million BAM, were imported into our country.

For the same period, 34.3 million kilograms of the same products were exported for about 48.8 million BAM.

This was shown by the official data of the Administration for Indirect Taxation (ITA) of BiH.

Inverted values

For the sake of comparison, in the first six months of 2021, BiH imported 25.2 million kilograms of milk and milk products, worth 78.2 million BAM.

Nedzad Bico, president of the FBiH Farmers’ Association, told “Avaz” that BiH exports what is the cheapest, namely milk, while it imports cheese, which is the most expensive.

“We are incapable of producing cheese. Milk is the same in Austria and Bosnia and Herzegovina, we should base ourselves on cheese production and that is where the most money goes. We export practically raw milk at a miserable price. Instead of exporting it, we should produce cheese and sell more expensive goods,”says Bico.

He emphasizes that the state should not give away its products cheaply, and on the other hand, import much more expensive ones.

“With us, everything works the other way around, instead of being based on cheese production, we market it on the domestic market, so, after all, we also export at a high price, we export the cheapest milk,”concludes Bico.

Previously, dairy farmers from the FBiH, as well as from the Republika Srpska, pointed to the poor quality of imported milk.

In addition, an additional problem for the survival of many farms in Bosnia and Herzegovina is the uncontrolled rise in the prices of everything that goes into milk production.

Concentrates are more expensive, but so is fuel, while the purchase price of milk has remained unchanged in recent years.

Economic Meeting of Austrian and BiH Business People from Energy Sector
Prevent Group produced Millions of Car Upholsteries this Year
Record Number of blocked Accounts in BiH
Investment Grant Agreement worth 19 million Euros between BiH and EIB to be signed soon?
Despite the Court Injunction, the Construction of a small Hydroelectric Power Plant on the Kasindol River continued
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Belgrade Mayor to visit Sokolac Tomorrow
Next Article The Annual Inflation Rate in BiH is the highest in the Region
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Deputy FM participates in the Meeting of Ministers responsible for Regional Development of the EUSDR
November 3, 2026
Thirty Years after the Siege, Italian Photojournalist Mario Boccia’s Photographs return to Sarajevo
November 3, 2026
EUFOR Operation Commander Visits Camp Butmir
November 3, 2026
CEC BiH announces the Confirmation of Election Results Today
November 3, 2026
US Embassy: Claims that we are trying to influence the Formation of the Government in BiH are untrue
November 3, 2026
Six Former VRS Members Sentenced to 83 Years in Prison for Crimes in Novoseoci
November 3, 2026
Oil Prices record Fall
November 2, 2026
CEC BiH announces the Confirmation of Election Results
November 2, 2026
American The Atlantic: Dodik Expected at Major MAGA Movement Gathering at Trump’s Florida Estate
November 2, 2026
Energy Expert Warns: New Price Increases as of January, Winter Could Further Drive Up Prices
November 2, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?