THE SHARE OF FOOD PRODUCTS IN FOREIGN TRADE OF BOSNIA AND HERZEGOVINA

Adriana RADOSAVAC; Anja ROSANDIC; Dunja DEMIROVIC; Desimir KNEZEVIC

Volume : IV, Issue : VIII, August - 2015

THE SHARE OF FOOD PRODUCTS IN FOREIGN TRADE OF BOSNIA AND HERZEGOVINA

Adriana Radosavac, Anja Rosandic, Dunja Demirovic, Desimir Knezevic

Abstract :

In this paper were analyzed parameters of food production, foreign trade of food products of Bosnia and Herzegovina as well capacity of food industry Companies in production and trade within recent three years (2012–2014). The volume of trade of food products in frame of total foreign trade of Bosnia and Herzegovina participate with 13.5% in 2012 year, and less in 2013 (13.1%) and the least 12.0% in 2014 year. The total volume of foreign trade of agricultural and food products in 2013 year decline for 0.4% in comparison to 2012 year, while in 2014 year decline for 1.1% in comparison to 2013 year. In average in Bosnia and Herzegovina annually imports of agricultural and food products are achieved over 2 billion convertible marks, while export of food products was about 400 million marks.This paper presents the status and development of the food industry, and its potential in production and trade of different kind of food products ( food, drinks, tobacco etc.). The highest value of capacity that used in production were found for Industry of production non–alcoholic drinks (55.58%) and tobacco (54.59%) and the lowest for wine companies production (11.67%).