Do you know in which country BH Goods are mostly exported?

According to the Financial IT Agency of FBiH, the Intermediary Agency for IT and Financial Services of the RS, the Agency for Statistics of BiH and Bonside BH, Bosnian-Podrinje Canton (BPC) is the most intensive export region in BiH.

The lead of the BPC is looked at the average amount of revenue per company in foreign markets and the share of revenue from foreign markets in total revenues in BiH.

BPC consists of 25 exporters, while other cantons and regions have three-digit or four-digit number of exporters, but cannot compete with Gorazde.

“Revenues from sales to other markets represent 14.7 % of all realized revenues of companies in BiH, and 26.6 % of revenues of those companies that have achieved revenue on foreign markets,” as stated in the report of Bonside BH.

According to the latest data collected from these agencies, the rate of coverage of imports with exports is increasing from year to year and amounted to 56.7 % in 2015, whereas 10 years ago it was only 33.8 %.

The number of companies that realize revenue from the sale of goods and products exclusively in foreign markets is 1,125 (3.6 % of all companies) and it represents 26.6 % of all revenues from the sale of goods, products on other markets and 3.9 % of all sales revenues in BiH. Exporters create a total of 39.6 % of all work places in companies in BiH, or 31.5 % of all employees in the private and public companies in BiH. Companies are employing 79.4% of all employed persons in BiH, according to the report of Bonside BH.

Exporters generate 60 % of net profit which companies achieved in BiH at the end of the last year.

The main country in which the revenues from exports of goods are realized is Germany. It is involved in the structure of exports with 16.3 %. The second is Italy with 14 % of all export revenues. On ten most important export markets is realized 78 % of revenue from exports of goods.

The largest importers of BH products:

1. Germany
2. Italy
3. Croatia
4. Serbia
5. Slovenia
6. Austria
7. Turkey
8. Montenegro
9. Hungary
10. Netherlands

(Source: I. P./Klix.ba)