Croatian exports increased by 3.5% in the first five months of 2016 compared with the same period of 2015, while imports went up by 3.1%, according to preliminary figures released by the National Bureau of Statistics (DZS) on Friday.
In the period from January to May 2016, Croatia exported HRK 35.4 billion worth of commodities, while imports exceeded HRK 58.5 billion. The trade deficit was HRK 23.17 billion, an increase of 2.6% over the same period last year. Coverage of imports by exports increased by 0.2 percentage points, from 60.2% in May 2015 to 60.4% in May 2016.
Exports to other EU countries increased by 4.5% to nearly HRK 24 billion and imports from EU countries rose by 4.4% to HRK 46.5 billion. Exports to non-EU countries amounted to HRK 11.39 billion, up 1.5%, while imports from those countries dropped by 1.4% to HRK 12 billion.
(EUR 1 = HRK 7.490971)