Exports Rise by 5.7%, Imports by 4.4% in 2019

Total Croatia News

ZAGREB, February 7, 2020 – Croatia’s commodity exports in 2019 totalled 114.1 billion kuna, up 5.7% on the year, while imports reached HRK 184 billion, an increase of 4.4%, the national statistical office said on Friday.

The foreign trade deficit was 70 billion kuna, 1.66 billion kuna higher than in 2018. The coverage of imports by exports increased from 61.2% to 62%.

In 2019, commodity exports to EU countries totalled 78.3 billion kuna, up 5.6% on the year, while exports to non-EU countries went up 6% to 35.75 billion kuna.

Commodity imports from EU countries went up 7.4% to 147.8 billion kuna, while those from non-EU countries dropped 6.1% to 36.2 billion kuna.

Expressed in euros, Croatia’s commodity exports in 2019 totalled €15.4 billion, up 5.8% on the year, while imports went up 4.5% to €24.8 billion. The foreign trade deficit was €9.4 billion, up from €9.2 billion in 2018.

Commodity exports to EU countries stood at €10.6 billion (+5.6%), while those to non-EU countries were €4.8 billion (+6%). Commodity import from EU countries were €20 billion (+7.5%), while those from non-EU countries were €4.9 billion (-6.1%).

More economy news can be found in the Business section.

 

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