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Croatia's trade gap expands 83% y/y in H1

Croatia's trade gap expands 83% y/y in H1 Photo: Slovenia's SURS

ZAGREB (Croatia), August 9 (SeeNews) - Croatia's trade deficit increased to 62.4 billion kuna ($8.5 billion/8.3 billion euro) in the first half of the year, compared with a gap of 34 billion kuna in the same period of 2021, the country's statistical office said on Tuesday.

Exports rose 35.6% on the year to 90 billion kuna in the January-June period, while imports grew 51.8% to 152.5 billion kuna, the Croatian Bureau of Statistics said in a statement, quoting preliminary data.

Croatia's exports to the European Union (EU) increased by 42.3% year-on-year in the review period, reaching 64.2 billion kuna, whereas the country's imports from the EU rose by 44.1% to 112.3 billion kuna.

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

(1 euro = 7.51312 Croatian kuna)