Croatia's H1 exports up by 3.4%, imports by 4.1%

Croatia's exports increased by 3.4% in the first half of 2016, compared with the same period of 2015, to HRK 43.55 billion, while imports went up by 4.1% to HRK 71.9 billion, the National Bureau of Statistics (DZS) said on Thursday.

The trade deficit was HRK 28.5 billion, which was an increase of 1.4 billion or 5.3% compared with the first half of 2015. Coverage of imports by exports was 60.4%.

Viewed in euros, exports rose by 4.4% to EUR 5.7 billion, while imports went up by 5.2% to EUR 9.5 billion. The trade gap was EUR 3.8 billion.

Croatia's main trading partner was the European Union. Exports to the EU increased by 2.9% to HRK 29.3 billion and imports from the EU rose by 5.5% to HRK 57.2 billion.

Exports to CEFTA (Central European Free Trade Agreement) countries reached HRK 7 billion, down 3.7%, while imports from those countries increased by 16.3% to HRK 4.1 billion.

Germany, Italy and Slovenia remain Croatia's most important trading partners.

(EUR 1 = HRK 8.48) 

Last update: Thu, 08/09/2016 - 14:20

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