Croatia's trade gap expands 81% y/y in Jan-Oct

ZAGREB (Croatia), December 9 (SeeNews) - Croatia's trade deficit increased to 112.2 billion kuna ($15.7 billion/14.9 billion euro) in the first 10 months of the year, compared with a gap of some 62 billion kuna in the same period of 2021, the country's statistical office said on Friday.

Exports rose 33.4% on the year to 149 billion kuna in the January-October period, while imports grew 50.4% to 261.3 billion kuna, the Croatian Bureau of Statistics said in a statement, quoting preliminary data.

Croatia's exports to the European Union (EU) increased by 34.6% year-on-year in the review period, reaching 102.2 billion kuna, whereas the country's imports from the EU rose by 37.2% to 182.6 billion kuna.

Croatia's trade deficit rose by 13% to 69.3 billion kuna last year.

(1 euro = 7.555 Croatian kuna)