ZAGREB, 9 May 2022 - In the first three months of 2022, the value of Croatia's commodity exports totalled HRK 41.7 billion, up 36.6% on the year, while imports increased by 41.2% to HRK 67.4 billion, the Croatian Bureau of Statistics (DZS) reported on Monday.
The foreign trade deficit in that period amounted to HRK 25.6 billion, 8.5 billion more on the year, while the coverage of imports by exports was 61.9%, whereas in the comparable period of 2021 it was 64%.
The export of goods to the EU in Q1 totalled HRK 30.2 billion, 42.9% more on the year, while imports from the EU increased by 31.8% to HRK 50 billion.
Exports to non-EU countries increased by 22.6% to HRK 11.6 billion while imports from non-EU countries soared by 78% to HRK 17.3 billion.
Expressed in euros, Croatia's commodity exports in Q1 totalled €5.5 billion, an increase of 37.1% from Q1 2021, while imports increased by 41.8% to €8.9 billion.
The foreign trade deficit amounted to €3.4 billion in that period.
Goods exported to the EU in Q1 totalled €4 billion, an increase of 43.4% compared to Q1 2021, while exports to non-EU countries increased by 23.1% to €1.5 billion.
Goods imported from the EU totalled €6.6 billion (+32.3%), while imports from non-EU countries soared by 78.7%% to €2.3 billion.
(€1 = HRK 7.544176)
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