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: Last Year, Jewels worth 15 Million BAM were imported to 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 > OUR FINDINGS > OTHER NEWS > Last Year, Jewels worth 15 Million BAM were imported to BiH
OTHER NEWSOUR FINDINGS

Last Year, Jewels worth 15 Million BAM were imported to BiH

Published: January 10, 2022
Share
SHARE

Unlike 2020, last year was much more attractive related to the imports into Bosnia and Herzegovina (BiH) when it comes tojewelry items and their parts made of precious metals or metals clad with precious metals.

In 2020, jewelry items worth 7.601.885 BAM were imported. That the demand has increased is confirmed by the data of the Indirect Taxation Authority (ITA) of BiH for 2021, according to which last year these precious metals were imported in the value of 15.143.014 BAM. This is also the highest amount ever recorded in our country.

Well-known Sarajevo goldsmith Fahrudin Sofic told ” that the prices of gold and jewels are stable.

”That’s why those who have money were buyers. That is the only reason so much jewelry has been imported. During the pandemic, the demand for diamonds was 90 percent lower, catastrophic for us. Someone invested a significant amount in diamonds, and Turkish companies deal with it the most, ” Sofic noted.

At the same time, according to the ITA, gold imports dropped significantly. So, in 2020, gold was imported at a value of 1.599.033 BAM, and last year only 656.743 BAM.

The total import of gold, platinum, jewelry and their parts made of precious metals in 2021 amounted to 40.790.409 BAM, and the year before 28.370.145 BAM. Last year was also a record year in terms of imports of precious metals.

Last year’s export amounted to 48.473.529 BAM and is higher than in 2020 by almost 15 million BAM. Waste and scrap from precious metals or from metals plated for precious metals with a total value of 44.404.936 BAM were exported the most.

According to the ITA, not a single gram of base metal or silver plated with gold in the form of semi-finished products was imported last year. In 2020, it was imported for only 1.145 BAM.

What has not been imported to BiH for years are base metals, silver or gold, which are plated. The last import was in 2017 when the goods in the value of 5.050 BAM entered our country.

E.Dz.

Source: Avaz

Serbia now offers two Routes of Sarajevo-Belgrade Highway?
Handicraft Skills for Young People: ‘’Using Our Hands for a Solution’
Meeting in Sarajevo Today of Ministry of Foreign Affairs of BIH and Helen Clark
Remembering the Citizens of Sarajevo killed while waiting in Line for Water
Bosnian talks about the Shooting in Munich
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 Spahic: Celebration in Foca is a clear Message to Bosniaks that some would like to repeat 1992
Next Article Kavazovic: Merkel, Orban, and Macron are partly responsible for the Escalation of Serbian Nationalism
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

Can the Crisis Between the US and the EU Jeopardize the Functioning of the OHR?
June 7, 2026
Barbarez: The Match had great Significance for the Preparations
June 7, 2026
Eighty-three Years since the Battle of Sutjeska marked at Tjentiste
June 7, 2026
The Dragons’ Match with Panama ended in a 1:1 Draw
June 7, 2026
“Flower of Srebrenica” Monument unveiled in Denmark
June 6, 2026
Bosnia and Herzegovina Fans eagerly await the Duel with Panama
June 6, 2026
Contract for the Supply of Russian Gas to Republika Srpska extended
June 6, 2026
ITA: From June 9, No Border Crossing May Be Operational in the Gradiska Area
June 6, 2026
EUFOR Supports Friendship Beyond Borders at Sarajevo Trophy Football Tournament 2026
June 6, 2026
The Signing of the Agreement between BiH and Croatia on Border Crossings
June 6, 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?