Croatia Trade, Exports and Imports

By: EconomyWatch Content   Date: 15 March 2010

About The Author

EconomyWatch Content

Follow The Money

EconomyWatch, Content Team

 

  • Dot Div
  •      

 Croatian trade is characterized by heavy machinery and electrical equipment. Croatia receives much desired foreign currency through substantial amount of exports and is further boosted by a sustained tourism industry.

Croatia Trade

Croatia’s export trade amounted to $10.05 billion in 2010 and the country ranked 80th in the world. However, this figure was down from $14.36 billion in 2008.

Italy is Croatia's primary trade partner, being the largest import and export trade relation. Germany is also a key partner.

Croatia Exports

The major export commodities include transport equipment, machinery, textiles, chemicals, foodstuffs and fuels.

Croatia's primary export partners are  Italy (18.9% of exports), Bosnia and Herzegovina (15.3%), Germany (10.7%), Slovenia (7.7%) and Austria (5.7%).

The following graph shows how the various countries contributed to the total export volume (in percentages):

Croatia's Export partners

Croatia Imports

As for Croatian imports, 2010 import trade was valued at $20.47 billion and ranked the country was the 66th in the world.

Import trade revenues declined from 2008 when import trade was valued at $30.42 billion.

The main import commodities include machinery, transport and electrical equipment; chemicals, fuels and lubricants and foodstuffs.

The primary import partners are Italy (17.1%), Germany (13.4%), Russia (10.5%), China (6.1%), Slovenia (5.6%), Austria (4.9%).

The following graph shows how different countries accounted for the total import volume (in percentages):

Coratia's import partners

Croatia's trade deficit seems to have almost doubled in the recent years, therefors, tourism provides a major pillar in its economy and trade, contributing largely to foreign exchange - balancing the deficit.

 

Featured Report That You Might Like: 
Country Analysis Report: Croatia, In-depth PESTLE Insights
Date: 
1 Jan 2013
Price: 
   
...

Need more featured reports? Check out Economy Watch's research Store


  • Dot Div
  •      

Most Popular in Croatia Economy

Related Links
blog comments powered by Disqus