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Drop in Beef Exports from Bosnia & Herzegovina

03 September 2019

BOSNIA & HERZEGOVINA - Export coverage in the meat industry in Bosnia and Herzegovina (BiH) dropped by about 30 percent in the second quarter of this year, with the worst result being the suspension of the beef export to Turkey.

The BiH Foreign Trade Chamber explains that in the second quarter of this year, beef exports fell by almost 100 percent.

"The tender that was opened this year failed because the quoted price was lower by about one euro compared to last year, which was not at all stimulating for domestic producers. While exports were operating under the old agreement, which provided for exports of around 5,000 tones, there were many problems," President of the BiH Foreign Trade Chamber Nemanja Vasic told Glas Srpska, adding that the export of beef to Turkey was suspended several months ago.

Mr Vasic pointed out that the situation will remain this way until the BiH Council of Ministers is formed.

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Source: Sarajevo Times

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