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: Chinese goods worth 231 million BAM imported in the first Six Months of 2017
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 > Chinese goods worth 231 million BAM imported in the first Six Months of 2017
BUSINESS

Chinese goods worth 231 million BAM imported in the first Six Months of 2017

Published: August 29, 2017
Share
SHARE

The value of Chinese goods that were imported to BiH in the first half of this year reached the amount of 231.6 million BAM, which is by 24.2 million BAM more compared to the same period last year. Clothing, footwear and electrical appliances from this country remain among the best-selling products on the domestic market.

According to the data of the Indirect Taxation Authority of BiH, the most imported this year were electrical appliances, generators, turbines, water heaters, and engines, while there is no shortage of the import of textiles and footwear as well.

In the first six months of last year, a total of 207.4 million BAM of goods were imported from China, while 56.19 million BAM went to customs. This year, according to the ITA BiH,  a total of 6.7 million BAM more was spent on customs.

In the Consumer Movement of the RS believe that goods that are originating from China have their market in BiH, i.e. they are mostly purchased by lower income residents.

“The fact that goods were produced in China does not have to mean that it is bad quality,” said from the Movement and added that consumers are well aware of what they are buying.

“Many are deciding on goods from China because of low prices, they know what they can get for that price and we did not have any complaints from consumers,” they stated, adding that the products from China will come to BiH in large quantities until the paying power of the population is increased.

Constant growth in volume and value of import from China is accompanied by an increasing number of Chinese retail stores.

Domestic traders stated that they are directly affected by that and that their sales are dropping.

“We are selling almost the same products that we buy in Turkey, Romania or Hungary, but goods from China are bought at a lower price, so they are a lot cheaper here, and our customers go to Chinese vendors,” said Jelica Markovic.

(Source: akta.ba)

 

Zvizdic and Fazlic discuss Development Projects and Migrant Situation
This is BiH: The Bank has written off a Loan to a Family of a Sick Little Boy
Turkey to finance the Construction of Headquarters of the IC BiH?
IMF releases Evaluation of Financial Surveillance
Documentary film “Saraj’vo” by Mustafa Mustafic nominated for the IMAGO Award
TAGGED:#BiH#customers#goods#import#pricebuyersChina
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 The 828th Birthday of the Charter of Kulin Ban: Testimony of the Sovereignty and Independence of BiH
Next Article Photography of the Day: Wedding and Three different Flags in BiH!
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

The Interreligious Council of BiH Requests an End to the Transfer of Assets of Churches and Religious Communities
July 23, 2026
Ginkel and Cvijanovic discussed Strengthening Trade and Investment between the US and BiH
July 23, 2026
More than 30 Kilograms of Drugs seized in BiH
July 23, 2026
BiH and Croatia sign Agreement on Cooperation in Emergency Medicine
July 23, 2026
RS Government allocates Seventeen Million BAM for Projects
July 23, 2026
32nd SFF: 51 Films in Competition for the Heart of Sarajevo Awards
July 23, 2026
Inflation in the Federation of BiH slowed down to 3.9 Percent
July 23, 2026
The “Under Scrutiny” Coalition recorded 38 Electoral Irregularities
July 23, 2026
The Foreign Trade Deficit of Republika Srpska jumped to 1.32 Billion BAM
July 23, 2026
The Average Price of Diesel in the BiH increased
July 23, 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?