Croatia's Jan-Nov 2018 exports up 3.5 pct year-on-year

NEWS 09.01.2019 15:52
Source: Pixabay

Croatia's exports totalled 99.2 billion kuna (€13.3 billion) over the first eleven months of 2018, up by 3.5 percent compared to the same period in 2017, whereas the nation's imports reached 162.4 billion kuna (€21.9 billion), or up by 7.7 percent year-on-year, a report released by the state statistics bureau said on Wednesday.

This means that Croatia’s foreign trade deficit was 63.2 billion (€8.5 billion) in the period from January to November 2018, rising by 8.3 billion kuna (€1.1 billion) year-on-year, while the export-import ratio dropped from 63.6 to 61.1 percent.

By destination country, exports to 27 other EU members totalled 68.2 billion kuna (€9.2 billion), up by 9.4 percent year-on-year. Meanwhile, exports to non-EU countries dropped by 7.4 percent to 31 billion kuna (€4.2 billion).

Imports from EU countries increased by 6.8 percent to 126 billion kuna (€17 billion), and those from non-EU countries rose by 10.8 percent year-on-year, to 36.5 billion kuna (€4.9 billion).

(1 = 7.42 kuna)

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