According to the latest data from the Croatian Bureau of Statistics (DZS) in the first eleven months of 2016 Croatia's exports and imports grew in comparison to the previous year.
Therefore, exports amounted to almost 83.7 billion Kunas (an increase of 3.6 percent annually), whilst imports recorded an increase of 3.9 percent to nearly 134.7 billion Kunas.
The main trade partner of the country in the period between January and November 2016 was the European Union. Croatia exported 7.4 billion Euros of goods to the EU market or 5 percent more compared to the same period in 2015. However, the country imported almost twice as much i.e. nearly 14 billion Euros of goods or 5.6 percent more in comparison to 2015.
As far as the EU countries are concerned, the principal trade partners of Croatia were Germany, Italy and Slovenia.
Croatian exports to Germany increased by 10.4 percent and amounted to 1.3 billion Euros, whilst imports grew by 10.9 percent to 2.9 billion Euros.
The total of exports to Italy was 1.5 billion Euros or 7.2 percent annually, whilst imports increased by 2.9 percent to 2.28 billion Euros.
In the first eleven months of 2016 Croatia exported 1.4 billion Euros of goods to Slovenia or 8.8 percent more in comparison to 2015. Imports to this country grew by 8.6 percent to 1.9 billion Euros.
Apart from the EU, Croatia's main trade partners were the Central European Free Trade Agreement (CEFTA) countries. Croatia exported 1.8 billion Euros of goods to this market, or 2.6 percent less, while imports increased by 12.8 percent to 1.05 billion Euros compared to the same period in 2015.
On the other hand, outside the EU market Croatia exported the most to Bosnia and Herzegovina – 1.01 billion Euros or 1.4 percent less in comparison to 2015.