ZAGREB – In the first eleven months of 2024, Croatia’s merchandise exports reached a value of 21.8 billion euros, reflecting a 3.3 percent increase compared to the same timeframe in 2023. Meanwhile, imports rose by 5.1 percent, totaling 38.5 billion euros, according to preliminary figures released by the State Statistics Office (DZS) on Thursday.
The foreign trade deficit stood at 16.7 billion euros, with imports covering 56.6 percent of exports. This is a slight decrease from the 57.6 percent coverage recorded in the same period of 2023.
As per the DZS’s preliminary data, exports to EU countries for the first eleven months of last year totaled 14.3 billion euros, which is a marginal decline of 0.2 percent from the previous year. Conversely, imports from EU member states increased by 7.4 percent, reaching 30.2 billion euros.
Exports to non-EU countries saw a significant increase of 10.8 percent, rising to 7.4 billion euros, accompanied by a 2.5 percent decline in merchandise imports from these regions, totaling 8.3 billion euros.
Additionally, the DZS provided updated statistics for merchandise trade over the first ten months of 2024. These figures indicated that exports grew by 4 percent, amounting to 19.7 billion euros, while imports increased by 5.2 percent to 35.1 billion euros.
According to the revised data, the foreign trade deficit for the initial ten months of last year was 15.4 billion euros, with import coverage by exports at 56.2 percent. (January 9, 2025.)
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