Goods exports in first 5 months of 2016 up by 4.3%, imports by 4.7%

Croatia's commodity exports in the first five months of 2016 went up 4.3% on the year, amounting to HRK 35.7 billion, while imports went up 4.7%, reaching HRK 59.5 billion, the national statistical office said on Monday.

The foreign trade deficit in said period was HRK 23.8 billion, HRK 1.3 billion higher than in the first five months of 2015. The export-import ratio was 60%.

Expressed in euros, exports in the first five months in 2016 amounted to 4.7 billion, up 5.3% on the year, while imports totalled 7.8 billion (+5.7%). The foreign trade deficit amounted to EUR 3.1 billion.

The European Union remained the most important market for Croatian products, with exports reaching HRK 24.3 billion (+5.8%), while imports went up 6.4% to HRK 47.5 billion.

Exports to Central European Free Trade Agreement countries reached HRK 5.7 billion (-4.3%), while imports jumped 19.7% to HRK 3.4 billion.

Germany, Italy and Slovenia remained Croatia's main trade partners. Commodity exports to Germany in the first five months of 2016 amounted to HRK 4.5 billion (+13.6%), while imports stood at HRK 9.7 billion (+9.6%). Exports to Italy reached nearly HRK 5 billion (+8.6%), while imports were HRK 7.9 billion (+0.7%). Exports to Slovenia totalled HRK 4.5 billion (+6.5%) and imports to HRK 6.5 billion (+9.5%).

Last update: Mon, 08/08/2016 - 12:34

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