Croatia’s Exports up 0.4% and Imports 1.3% in January

Total Croatia News

ZAGREB, March 10, 2020 – Croatia’s commodity exports in January 2020 totalled HRK 8.3 billion, up by 0.4% compared to January 2019, while the imports rose 1.3% to HRK 14 billion, according to provisional data provided by the national statistical office (DZS) on Tuesday.

As a result, the country’s foreign trade deficit was HRK 5.7 billion, which is by 154.3 million kuna more than in January 2019.

The coverage of imports by exports went from 59.9% to 59.4%.

Croatia’s exports to other EU member-states rose by 3.6% to over six billion kuna on the year.

On the other hand, exports to non-EU members fell 7.2% to HRK 2.3 billion.

The imports from EU members increased 1.3% to HRK 11.5 billion, and from non-EU members by 1.5% to HRK 2.6 billion.

Expressed in euros, Croatia’s commodity exports in January 2020 totalled €1.1 billion, down 0.2% on the year, while imports went up 0.8% to €1.9 billion.

The foreign trade deficit was €765.7 million, as against €748.8 million in January 2019.

The latest data on exports and imports in the whole of 2019, show that Croatia’s commodity exports in 2019 totalled HRK 114.2 billion, up 5.8% on the year, while imports reached HRK 184.3 billion, an increase of 4.6%.

More economic news can be found in the Business section.


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