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Croatia's Jan-May trade gap widens

Croatia's Jan-May trade gap widens Photo: All Rights Reserved

ZAGREB (Croatia), July 9 (SeeNews) - Croatia's trade deficit rose to 32.9 billion kuna ($5.0 billion/4.5 billion euro) in the first five months of 2019, compared to a gap of 29.0 billion kuna in the prior-year period, the country's statistical office said on Tuesday.

Exports increased 7.4% on the year in the five months through May, reaching 45.8 billion kuna, while imports rose 9.8% to 78.7 billion kuna, the Croatian Bureau of Statistics said in a statement, citing preliminary data.

Croatia's exports to the EU rose to 31 billion kuna in the review period, from 29.5 billion kuna a year earlier. The country's imports from the EU grew to 64 billion kuna, from 56.8 billion kuna.

(1 euro = 7.39384 kuna)