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Commodity exports up 11.1% in first seven months

Croatia's commodity exports in the first seven months of 2015 were 11.1% up from the same period of 2014, with the export-import ratio being 61.2%, according to preliminary figures released by the national statistical office (DZS) on Wednesday.

Commodity exports up 11.1% in first seven months
The preliminary statistics show that in the period from January to the end of July this year Croatia exported HRK 49.7 billion worth of goods, up 11.1% or HRK 4.9 billion more than in the same period last year. This is a slightly lower growth rate than in the first six months, when exports grew at a rate of 12.3%, according to a second estimate by the DZS published on Tuesday.
 
At the same time, imports grew by 5.4%, or 4.1 billion kuna, totalling HRK 81.2 billion.
 
In the first seven months, exports to EU countries grew 15.7% on the year, totalling HRK 33.4 billion. Exports to non-EU countries increased 2.7% to 16.3 billion kuna.
 
Commodity imports from EU countries totalled HRK 63.1 billion, an increase of 9% from the first seven months of 2014, while imports from non-EU countries dropped 5.5% to HRK 18.1 billion.
 
The foreign trade deficit at the end of July was HRK 31.5 billion, 2.5% down from the end of July 2014, while the export-import ratio grew by 3.1 percentage points, from 58.1% at the end of July 2014 to 61.2% at the end of this July.     

(Text: Hina)

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