Croatia’s exports drop by 6.1%, imports by 11.8% in H1
- by croatiaweek
- in Business
ZAGREB, Aug 7 (Hina) – Croatia’s goods exports in the first six months of 2020 totalled HRK 51.4 billion, down 6.1% on the year, while imports dropped 11.8% to HRK 83 billion, the national statistical office said on Friday.
The foreign trade deficit was HRK 31.6 billion and the export-import ratio was 61.9%.
Croatia exported HRK 36.1 billion worth of goods to EU member states, down 3% from H1 2019, while exports to non-EU countries dropped 12.8% to HRK 15.3 billion.
Goods imported from EU member states dropped 13.4% to HRK 66.5 billion, while goods imported from non-EU countries dropped 4.6% to HRK 16.5 billion.
Expressed in euros, Croatia’s goods exports in H1 2020 totalled €6.8 billion, down 7.4% on the year, while imports dropped 13% to €11.04 billion. The foreign trade deficit was €4.2 billion.
Croatia exported €4.8 billion worth of goods to EU member states, down 4.2% on H1 2020, while exports to non-EU countries dropped 14% to €2.03 billion.
Goods imported from EU member states dropped 14.6% to €8.8 billion, while goods imported from non-EU countries dropped 15.8% to €2.2 billion.
Germany and Italy remain Croatia’s main foreign trade partners.