Imports Rising Faster than Exports

Total Croatia News

ZAGREB, October 9, 2018 – Croatia’s Jan – Aug exports amounted to 69.6 billion kuna, rising by 3.9% compared to the corresponding period in 2017 whereas imports amounted to 115.9 billion kuna or up 6.9%, according to preliminary figures released by the State of Bureau of Statistics (DZS) on Tuesday.

The foreign trade deficit in that period amounted to 46.3 billion kuna or 4.85 billion kuna more year on year. At the same time coverage of imports by exports fell from 61.8% to 60.0%.

Exports to EU countries totalled 47.5 billion kuna or 9.6% more y-on-y. At the same time, exports to countries outside the EU fell by 6.5% to 22.1 billion kuna.

The value of commodities imported from EU countries increased by 6.8% to 90.5 billion kuna. The value of commodities imported from non-EU countries increased by 7.2% to 25.4 billion kuna.

The exports and the imports in the first seven months increased by 3.6% to 60.9 billion kuna and by 6.7% to 102.1 billion kuna, according to the final results for the January-July period.


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