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Car industry in BiH generates huge exports and opens new jobs

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Car industry in BiH generates huge exports and opens new jobs

“Mercedes”, “Audi”, “Volkswagen”, “Mazda”, “Ford” and “Ford” are only some brands for which auto parts are produced in Bosnia and Herzegovina, and only over the past year in BiH is exported by car parts worth 678.5 million KM, They write independent.

The main export products, according to the Foreign Trade Chamber of BiH, include parts of wide application in different types of vehicles, aluminum rims, exhaust systems and metal and electric components, while the Agency for the Improvement of Bosnia and Herzegovina for “Independent Newspapers” adds to BH. Companies from the automotive sector produce a wide range of parts and components, such parts, drive-axles, brake systems, textiles, filters, and various small parts such as metal, rubber or plastic components.

This industry, when it comes to exports, continued a positive trend this year, and compared to 2019. year when exports were worth 410.7 million KM, a significant jump was recorded this year.

“The most significant market for BH. The auto industry remains Germany, followed by Austria and Italy in spite of the challenges of the GRANT. The crisis in the German car-burning producers. BH. Exporters are not significantly affected because it is in the structure of exports The most products that are universal or adapted for electric vehicles, “the BiH Foreign Trade Chamber report is stated.

PERO ĆORIĆ, President of the Chamber of Commerce of the Republika Srpska, points out that these data can be a positive and good signal given that the auto industry has had certain problems in recent years.

“Production is quite reduced, the production of electric cars in some way has reduced the production in Europe is still in crisis. If this industry is an industry. If that industry is to be extremely good for economic entities from the Republic of Srpska and BiH who work for the auto industry,” says Ćorić for “Independent Newspapers” and adds that companies engaged in the production for the auto industry hope the recovery of this industry in Europe.

Mirsad Jašarspahić, President of the FBiH Chamber of Commerce, points out that the auto industry in BiH is significant for several reasons.

“In this way, companies with a high degree of technical and personnel equality are involved. There is no European brand without a part of Bosnia and Herzegovina. Thus are constantly following the market in serious supply chains,” says Jašarspahić for “independent newspapers”.

As he adds, despite the crisis that talks about the lower sales of new cars in the European Union and the expectations of a smaller number of orders – that did not happen.

Jašarspahić points out that it is necessary to always look for new markets.

Economist Igor Gavran in a conversation for “Independent Newspapers” points out that these data are significant, but adds that our car parts should also seek customers outside the European continent.

“This is very significant and is one of our traditional leading exports, which in addition to great exports generate and great employment, especially Germany. Namely, in the crisis and technologically lags for competition from the NR China, so I think our exporters should seek customers outside of this Groups of companies and markets. Otherwise, we would soon be able to fall out exports and reverse trends, “Gavran says.

He adds that our manufacturers have knowledge and ability and believe that they can be adapted to global changes if they start diversifying in time and focus on new technologies, manufacturers and electric vehicles.

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