ZAGREB, October 9, 2019 – Croatia’s commodity exports in the first eight months of 2019 totalled 74.1 billion kuna, up 5.8% on the year, while imports went up 5.9% to 123.5 billion kuna, the national statistics office (DZS) reported on Wednesday.
The foreign trade deficit was 49.4 billion kuna, 2.8 billion kuna higher than in the same period last year. The export-import rate dropped from 60.1% to 60% year-on-year.
Commodity exports to EU member states in the period from January to August totalled 50.1 billion kuna, up 4.6% on the year, and HRK 24 billion to non-EU countries, up 8.5%.
Commodity imports from EU member states increased by 9.1% to 99.6 billion kuna while at the same time imports from non-EU countries decreased by 5.7% to 23.9 billion kuna.
Expressed in euro currency, Croatia’s commodity exports in the first eight months of 2019 totalled a little more than 10 billion euro, up 6% year-on-year while imports increased at that same rate to 16.7 billion euro.
The foreign trade deficit stood at 6.7 billion euro, up from 6.3 billion euro in the first eight months of 2018.
Commodity exports to EU member states amounted to 6.8 billion euro, up 4.8% on the year, and 3.2 billion euro to non EU countries, up 8.6%.
The value of commodity imports from EU member states increased by 9.3% to 13.4 billion euro, while imports from non-EU countries fell by 5.6% to 3.2 billion euro.
More economic news can be found in the Business section.
