Croatia’s commodity exports up 5% last year

Exports rose in 2019

ZAGREB, June 12 (Hina) – Croatia’s commodity exports in 2019 totalled HRK 112.9 billion, up 5% on the year, while imports also increased 5% to HRK 185.2 billion, the national statistical office said on Friday.

The foreign trade deficit was HRK 72 billion, up 6% from 2018. The coverage of imports by exports was 61%, the same as in 2018.

Commodity exports to EU member states totalled HRK 77.1 billion (+3.9%), while imports were HRK 148.9 billion (+8.2%).

Expressed in euros, Croatia’s commodity exports in 2019 totalled €15.2 billion (+4.7%), while imports were €24.9 billion (+5.2%). The foreign trade deficit was €9.7 billion (€9.2 bn in 2018).

Croatia’s main trade partners in the EU were Germany, Italy and Slovenia. Italy accounted for the majority of all of Croatian exports (14%), totalling HRK 16 billion, the same as in 2018.

Imports from Germany accounted for 16% of all of Croatian imports, totalling HRK 28.6 billion, up 7% on 2018.

Slovenia accounted for 11% of all Croatian exports and imports. Exports increased by 2% and imports by 9% from 2018.

Foreign trade in goods with third countries accounted for 32% of Croatian exports, which went up 6%, and for 20% of Croatian imports, which dropped 6% from 2018.

Croatia’s biggest non-EU trade partners were Bosnia and Herzegovina and Serbia. Exports to BiH totalled €11.2 billion (+11.6%), while imports were €5.1 billion (-4.9%).