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Croatia’s exports drop by 2.3%, imports by 9.2% in Jan-Nov 2020

Croatia's exports drop by 2.3%, imports by 9.2% in Jan-Nov 2020

Croatian exports and imports down

ZAGREB, 8 January (Hina) – Croatia exported HRK 101.6 billion worth of commodities in the first eleven months of 2020, a decrease of 2.3% compared with the same period of 2019, while imports fell by 9.2% to HRK 156.2 billion, according to initial data from the National Bureau of Statistics (DZS) released on Friday.

In January-November 2020, compared with the same period of 2019, the foreign trade deficit was reduced by 19.7% to HRK 54.6 billion. Coverage of imports by exports was 65.1%.

Exports to EU member states decreased by 0.2% to HRK 70.95 billion, while exports to non-EU countries dropped by 6.8% to HRK 30.65 billion. EU imports fell by 8.9% to HRK 125.67 billon and non-EU imports declined by 10.2% to HRK 30.5 billion.

Expressed in euro, exports totalled €13.5 billion, down 3.8%, while imports amounted to €20.75 billion, a decrease of 10.6%. The foreign trade deficit was €7.25 billion.

EU exports fell by 1.6% to €9.4 billion and non-EU exports dropped by 8.3% to €4.1 billion. EU imports decreased by 10.3% to €16.7 billion and non-EU imports declined by 11.6% to €4.1 billion.
 

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