上半年波黑纺织业贸易总额萎缩3612万马克

Core Insights - The textile and apparel industry in Bosnia and Herzegovina experienced a significant decline in export value, totaling 811 million marks in the first half of the year, a decrease of 42.38 million marks or 5.2% year-on-year [1] - The total trade volume shrank to 1.974 billion marks, down by 36.12 million marks, indicating a worsening trade balance [1] - Imports increased to 1.162 billion marks, rising by 6.26 million marks, while the import-export coverage ratio fell to 69.8%, highlighting an increasing trade imbalance [1] Industry Analysis - Economists, such as Gavran, have characterized Bosnia and Herzegovina as a country exploited for its high-quality textile production, with profits primarily benefiting foreign capital [1] - Rising energy and labor costs are impacting the industry, while international buyers continue to pressure prices downward, leading to a lack of interest from consumers in local brands [1] - There is a concerning trend among industry operators, with reports of nearly depleted new orders, suggesting the industry is heading towards a critical downturn [1] - Although companies in the Republika Srpska have met European technical standards, they struggle to maintain technological advancements [1]