Croatia’s Exports Increase by 5%, Imports by 5.3%

Total Croatia News

ZAGREB, December 9, 2019 – Croatia’s commodity exports reached 94.1 billion kuna in the first ten months of 2019, an increase of 5% over the same period in 2018, while imports increased by 5.3% to 155.4 billion kuna, initial data from the National Bureau of Statistics (DZS) showed on Monday.

The foreign trade deficit in the first ten months of this year was 61.3 billion kuna, or 3.33 billion kuna higher than at the same time last year. Coverage of imports by exports was 60.5%, down from 60.7% in the first ten months of 2018.

Export to EU member states rose by 4% to 64 billion kuna and exports to non-EU countries went up by 7.2% to 30 billion kuna.

Imports from EU members increased by 9% to 125 billion kuna, while imports from non-EU countries fell by 7.5% to 30 billion kuna.

Viewed in euro, exports reached 12.7 billion euro, up 5.2%, and imports rose by 5.5% to 21 billion euro. The trade deficit was 8.3 billion euro, compared to 7.8 billion euro in the first ten months of 2018.

Exports to EU member states amounted to 8.64 billion euro, an increase of 4.2%, and exports to non-EU countries rose by 7.3% to 4.05 billion euro.

Imports from EU member state increased by 9.2% to 16.9 billion euro, while imports from non-EU countries dropped by 7.4% to 4.11 billion euro.

More economy news can be found in the Business section.

 

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