Croatia’s Imports Nearly Double Exports
- by croatiaweek
- in Business
Croatia is importing nearly twice as much in value as it is exporting, according to data from the Croatian Bureau of Statistics…
According to the provisional data, in the period from January to October 2014, the total value of exports from Croatia amounted to 64.9 billion kuna (8.4 billion euros). At the same time, imports amounted to 110.3 billion kuna (14.5 billion euros). The foreign trade deficit for the first 10 months of the year amounted to 45.3 billion kuna (6 billion euros). The coverage of import by export was 58.9%.
The most traded exports and imports in the first 10 months of 2014 were food and live animals, beverages and tobacco, crude materials, except fuels, chemical products, machinery and transport equipment. Croatia’s largest trading partners were Italy, Germany, Slovenia, Austria, Hungary, Bosnia and Herzegovina and the UK.
