Croatia's Q1 exports rise 2.9%, imports up 1.8%

Croatia's exports of goods rose in the first quarter of 2016 by 2.95% compared to the corresponding period of 2015, and imports increased by 1.8%, according to first estimates provided by the office for national statistics (DZS).

Croatia's exports abroad in the first three months of this year stood at HRK 20.36 billion (up 2.95%) year-on-year, and imports reached 33.35 billion kuna, up 1.8%.

The deficit in goods trading came to HRK 13 billion, rising by 0.07% compared to Q1 2015, according to the DZS preliminary results.

The coverage of  imports by exports increased by 0.6 percentage points to 61 percent.

Croatia's exports to other European Union member states rose 2.4% to HRK 13.76 billion in Q1 2016 compared to Q1 2015 and imports from the EU market went up by 3.7% to over 27 billion kuna.

Croatia's exports of goods to non-EU members jumped by 4.1% to 6.6 billion kuna, and imports decreased by 5.6% to 6.3 billion kuna.

Last update: Tue, 10/05/2016 - 14:05

More from Croatia

Minister says buying controlling interest in INA worth the challenge

State property Minister Goran Maric said in an interview with the Jutarnji List daily on Saturday that the INA oil...

Croatian foreign ministry target of hacker attack, classified info not compromised

The Croatian Foreign and European Affairs Ministry has discovered that during the term of the previous government...

Museum of tastes opens in Osijek

A museum of tastes was formally opened in Osijek by Prime Minister Andrej Plenkovic on Friday on the occasion of...

PM: Tax reform's positive effects visible as soon as new system is consolidated

Prime Minister Andrej Plenkovic said on Friday that his cabinet was implementing a comprehensive tax reform and as...

Croatia world's no. 1 in organ transplants

With 40 organ donors per one million people, Croatia is the number one country in the world in organ transplants,...