13.01.2021. / 13:49
SARAJEVO – The wood sector of BiH, like most sectors, felt the negative consequences of the corona virus, so that its exports in the first nine months of last year were lower by 6.3 percent compared to the same period in 2019 and amounted to 933,951,565 KM, while imports fell by 17 percent, and amounted to 270,692,780 KM, it is stated in the analysis of the Foreign Trade Chamber of BiH.
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The share of furniture exports in the three quarters last year was 43.2 percent, other products of the wood industry 56.8 percent, and the most exported furniture was for bedrooms and living rooms, dining rooms, and other wooden furniture.
In the three quarters of 2020, compared to the same period last year, an increase in exports of 27.3 percent was recorded in prefabricated wooden houses, and an increase of 11.2 percent in construction joinery, while the largest decline of 41.9 percent was recorded in parquet and other profiled wood, and a drop of 20.7 percent in forestry products.
The most significant drop in exports of 54.7 percent was recorded in the US market, in the Montenegrin market the decline was 39.1 percent, China 27.7 percent, Sweden 27.6 percent, Italy 25.3 percent, Slovenia 22.5 percent, Belgium 14.2 percent, France 13.2 percent, Albania 11.6 percent, Austria 5.7 percent, Serbia 2.5 percent, and Croatia 1.2 percent.
Export growth of 520.3 percent was recorded in the Turkish market, in the Danish market export growth was 33.8 percent, Poland 25.7 percent, Norway 25.6 percent, the Czech Republic 18.3 percent, Switzerland 14.2 percent, the Netherlands 4.9 percent, Northern Macedonia 2.4 percent, and Germany 2.2 percent.
When it comes to the import of the wood sector in BiH, forestry products decreased by 32.9 percent, sawn timber and elements by 14.6 percent, boards and veneer by 6.3 percent, floors and parquets by 38.1 percent, construction carpentry by 14.7 percent, while imports of wooden furniture fell by 22.4 percent.
Wood sector products were mainly imported from Serbia, Poland, Turkey, Italy, Germany, Slovenia, Croatia, Romania, the Czech Republic and Austria.
“It can be concluded that the wood sector has been significantly affected by the corona virus pandemic, and business in a number of companies has been difficult.” allegations from the Foreign Trade Chamber of BiH. Roe deer
Source: Capital.ba – Informacija je capital by www.capital.ba.
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