Exports grow 10.5% in first nine months

Croatia's commodity exports in the first nine months of 2015 increased by 10.5% from the same period of 2014, while the import growth rate was 5.5%, show preliminary statistics released by the national bureau of statistics (DZS) on Monday.

The data show that in the first nine months of this year Croatia exported HRK 64.12 billion worth of goods, 10.5% or 6.09 billion more than in the same period last year. The commodity export growth rate was slightly lower than the one for the first eight months, when exports grew 10.9%.

In the same period Croatia imported HRK 104.5 billion worth of goods, 5.5% or HRK 5.4 billion more than in the first nine months of 2014.

The foreign trade deficit was HRK 40.4 billion, a drop of 1.6% or 663.3 million compared to the end of September 2014.

The export-import ratio was 61.3%, an increase of 2.8 percentage points from last year's 58.5%.

Exports to other EU countries in the first nine months grew 15% from the same period of 2014, reaching HRK 42.3 billion. Exports to non-EU countries grew 2.7% to HRK 21.75 billion.

Commodity imports from other EU countries totalled HRK 80.8 billion, up 8.8% from last year, while imports from non-EU countries dropped 4.5% to HRK 23.7 billion.

 

(EUR 1 = HRK 7.6)

Last update: Mon, 09/11/2015 - 13:32
Author: 

More from Business

US unemployment rate dips to 9-year low

The US unemployment rate fell in November to 4.6 per cent, a nine-year low, the Bureau of Labour Statistics said...

Chinese firm building full-size Titanic replica for tourists

Construction has begun on the world's first full-size replica of the Titanic in China, a country that fell in love...

Erdogan calls on Turks to sell dollars and buy lira and gold

President Recep Tayyip Erdogan urged Turkish citizens on Friday to sell their dollars and buy gold and lira, as the...

EU agrees to let Germany introduce road toll, staving off legal feud

The European Commission has approved Germany's plan to introduce a road toll on its motorways, top transport...

Danish container shipping giant Maersk Line to buy German rival

Global shipping giant A/S Maersk Line of Denmark on Thursday announced plans to grow its business by buying German...