Exports in 2015 soar 11 pct, imports up 7.7 pct

Croatia's commodities exports in 2015 reached 87.8 billion kuna or 11% more than in 2014, according to figures provided by the national statistical office (DZS) on Wednesday.

At the same time, imports rose by 7.7% to HRK 140.7 billion, bringing the foreign trade deficit to HRK 52.9 billion.

This is the second year in a row to see an increase in exports -- in 2014 exports were up 8.7% while imports rose by 4.3%.

Last year's trade deficit of HRK 52.9 billion was higher than in 2014 when it amounted to HRK 51.6 billion.

The export-import ratio was 62.4%, rising by 1.9 percentage points on the year.

Last year, Croatia exported HRK 58.48 billion worth of goods to other European Union member states, up 15.7% from 2014.

Imports from other EU countries totalled HRK 109.8 billion, up 10% on 2014.

Expressed in euros, exports last year amounted to EUR 11.5 billion, up 11.2% on the year, while imports rose by 7.9% to EUR 18.9 billion. The trade deficit was EUR 7  billion.

 

(EUR 1 = HRK 7.6)

Last update: Wed, 09/03/2016 - 19:47
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