First Release

Year: LXI.
Zagreb, 07 June 2024
VT-2024-1-1/3
ISSN 1334-0557

FOREIGN TRADE IN GOODS OF THE REPUBLIC OF CROATIA – Provisional Data January – March 2024 and January – April 2024

According to provisional data, from January to March 2024, total export of the Republic of Croatia amounted to 5.6 billion euro. At the same time, total import was 9.9 billion euro. Foreign trade deficit amounted to 4.3 billion euro.

In the period from January to March 2024, coverage of import by export was 56.5%.

According to the First Results, in the period from January to April 2024, total export of the Republic of Croatia amounted to 7.6 billion euro, while total import was 13.5 billion euro. Foreign trade deficit amounted to 5.9 billion euro.

According to the First Results, coverage of import by export was 56.2% in the period from January to April 2024.

G-1 FOREIGN TRADE IN GOODS, MARCH 2023 – MARCH 2024

1 FOREIGN TRADE IN GOODS OF THE REPUBLIC OF CROATIA
         Export Import Balance of foreign trade in goods Coverage of import by export, %
Thousand euro Thousand US $ Thousand euro Thousand US $ Thousand euro Thousand US $
2023                                          
  I 1 681 438 1 793 157 3 023 809 3 225 155 -1 342 371 -1 431 997 55,6
  II 1 776 783 1 924 784 3 178 436 3 443 187 -1 401 652 -1 518 404 55,9
  III 2 396 683 2 545 035 3 787 484 4 021 924 -1 390 801 -1 476 889 63,3
  IV 1 806 814 1 964 910 3 183 694 3 462 264 -1 376 880 -1 497 354 56,8
  V 1 922 626 2 111 234 3 560 440 3 909 712 -1 637 814 -1 798 478 54,0
  VI 1 916 928 2 047 853 3 496 796 3 735 491 -1 579 869 -1 687 638 54,8
  VII 1 839 326 1 998 612 3 349 870 3 639 962 -1 510 543 -1 641 349 54,9
  VIII 1 666 469 1 836 949 3 156 745 3 479 673 -1 490 276 -1 642 725 52,8
  IX 1 888 412 2 052 326 3 216 265 3 495 433 -1 327 853 -1 443 106 58,7
  X 2 089 295 2 213 398 3 450 675 3 655 639 -1 361 380 -1 442 241 60,5
  XI 2 109 657 2 240 242 3 229 309 3 429 197 -1 119 652 -1 188 955 65,3
  XII 1 800 775 1 968 426 2 977 404 3 254 595 -1 176 628 -1 286 168 60,5
  I – XII 22 895 207 24 696 927 39 610 927 42 752 232 -16 715 720 -18 055 305 57,8
2024                   
  I 1 729 906 1 911 547 2 972 486 3 284 595 -1 242 580 -1 373 049 58,2
  II 1 853 186 2 008 299 3 287 339 3 562 487 -1 434 153 -1 554 189 56,4
  III 1 998 289 2 163 345 3 611 160 3 909 430 -1 612 871 -1 746 085 55,3
  I – III 5 581 381 6 083 190 9 870 985 10 756 512 -4 289 604 -4 673 322 56,5

I FOREIGN TRADE IN GOODS OF THE REPUBLIC OF CROATIA, EURO

1 EXPORT AND IMPORT, ACCORDING TO NKD 2007

Thousand euro

          Export  Import
I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023		 I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023
    Total 5 854 905 5 581 381 95,3 9 989 729 9 870 985 98,8
A   Agriculture, forestry and fishing 308 672 307 054 99,5 322 596 351 687 109,0
B    Mining and quarrying 231 540 214 398 92,6 720 945 375 868 52,1
C    Manufacturing 4 914 402 4 828 342 98,2 8 609 111 8 919 661 103,6
  10 Manufacture of food products 478 120 487 896 102,0 858 612 928 553 108,1
  11 Manufacture of beverages 57 619 60 461 104,9 70 607 78 765 111,6
  12 Manufacture of tobacco products 56 932 49 878 87,6 49 328 57 800 117,2
  13 Manufacture of textiles 58 522 53 397 91,2 144 739 131 265 90,7
  14 Manufacture of wearing apparel 239 342 261 578 109,3 427 120 451 951 105,8
  15 Manufacture of leather and related products 135 014 134 871 99,9 208 091 201 668 96,9
  16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 278 352 268 880 96,6 142 807 125 117 87,6
  17 Manufacture of paper and paper products 112 692 104 315 92,6 185 956 182 337 98,1
  18 Printing and reproduction of recorded media 479 690 144,1 842 817 97,0
  19 Manufacture of coke and refined petroleum products 253 682 286 254 112,8 747 775 817 042 109,3
  20 Manufacture of chemicals and chemical products 319 573 338 142 105,8 786 297 749 127 95,3
  21 Manufacture of basic pharmaceutical products and pharmaceutical preparations 267 181 298 395 111,7 464 912 511 484 110,0
  22 Manufacture of rubber and plastic products 187 254 185 527 99,1 366 917 382 726 104,3
  23 Manufacture of other non-metallic mineral products 185 564 203 240 109,5 186 088 212 176 114,0
  24 Manufacture of basic metals 255 334 228 826 89,6 613 358 567 523 92,5
  25 Manufacture of fabricated metal products, except machinery and equipment 350 708 343 381 97,9 329 119 350 784 106,6
  26 Manufacture of computer, electronic and optical products 155 274 138 047 88,9 512 959 525 121 102,4
  27 Manufacture of electrical equipment 474 315 509 487 107,4 531 294 541 264 101,9
  28 Manufacture of machinery and equipment n. e. c. 353 990 344 672 97,4 704 512 720 003 102,2
  29 Manufacture of motor vehicles, trailers and semi-trailers 193 456 247 842 128,1 784 688 862 356 109,9
  30 Manufacture of other transport equipment 347 744 154 107 44,3 144 020 156 625 108,8
  31 Manufacture of furniture 86 744 60 078 69,3 137 509 143 701 104,5
  32 Other manufacturing 66 511 68 380 102,8 211 560 221 454 104,7
D   Electricity, gas, steam and air conditioning supply 265 954 127 431 47,9 264 564 155 695 58,8
E   Water supply; sewerage, waste management and remediation activities 111 210 81 600 73,4 54 789 43 721 79,8
J   Information and communication 19 710 18 032 91,5 15 495 17 326 111,8
M   Professional, scientific and technical activities 8 10 128,4 6 54 962,5
R   Arts, entertainment and recreation 72 200 277,2 1 577 426 27,0
    Not classified 3 337 4 313 129,2 647 6 546 1)

1) The index exceeds 999.

2 EXPORT AND IMPORT, ACCORDING TO SITC SECTIONS

Thousand euro

            Export Import
I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023		 I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023
  Total 5 854 905 5 581 381 95,3 9 989 729 9 870 985 98,8
0 Food and live animals 671 465 692 180 103,1 1 053 746 1 160 310 110,1
1 Beverages and tobacco 109 954 108 657 98,8 124 648 138 603 111,2
2 Crude materials, except fuels 414 957 361 605 87,1 199 313 179 828 90,2
3 Mineral fuels and lubricants 729 612 603 837 82,8 1 733 202 1 340 047 77,3
4 Animal and vegetable oils and fats 22 212 19 861 89,4 43 407 38 692 89,1
5 Chemical products 663 037 715 522 107,9 1 358 106 1 384 339 101,9
6 Manufactured goods classified chiefly by material 978 359 938 294 95,9 1 604 541 1 578 812 98,4
7 Machinery and transport equipment 1 488 788 1 360 299 91,4 2 556 836 2 680 545 104,8
8 Miscellaneous manufactured articles 751 723 762 317 101,4 1 263 651 1 336 309 105,7
9 Commodities and transactions, n. e. s. 21 461 14 496 67,5 51 632 26 954 52,2
  Not classified 3 337 4 313 129,2 647 6 546 1)

1) The index exceeds 999.

3 EXPORT AND IMPORT, ACCORDING TO ECONOMIC CLASSIFICATION OF COUNTRIES

Thousand euro

          Export Import
I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023		 I – III 2023 I – III 2024 indices
I – III 2024
I – III 2023
Total 5 854 905 5 581 381 95,3 9 989 729 9 870 985 98,8
EU Member States 4 076 487 3 708 895 91,0 7 666 492 7 939 783 103,6
Austria 308 606 309 058 100,1 584 193 550 625 94,3
Belgium 56 654 59 539 105,1 175 467 164 438 93,7
Bulgaria 39 156 44 975 114,9 101 880 154 611 151,8
Cyprus 5 587 6 843 122,5 3 862 3 680 95,3
Czech Republic 101 086 88 595 87,6 219 576 239 812 109,2
Denmark 32 991 37 542 113,8 57 738 75 298 130,4
Estonia 7 015 2 564 36,5 4 315 6 655 154,3
Finland 12 771 12 217 95,7 18 391 16 516 89,8
France 150 067 137 135 91,4 248 159 273 561 110,2
Greece 38 946 36 322 93,3 98 508 73 317 74,4
Ireland 14 949 17 885 119,6 25 239 24 269 96,2
Italy 676 136 682 371 100,9 1 466 503 1 539 668 105,0
Latvia 5 548 7 851 141,5 4 370 5 275 120,7
Lithuania 23 900 19 496 81,6 14 792 16 967 114,7
Luxembourg 3 208 2 366 73,8 3 501 3 336 95,3
Hungary 420 681 340 794 81,0 640 425 661 560 103,3
Malta 212 770 10 200 4,8 13 516 1 192 8,8
Netherlands 105 934 91 866 86,7 375 728 401 829 106,9
Germany 717 876 702 172 97,8 1 406 485 1 496 695 106,4
Poland 130 396 131 525 100,9 386 459 403 332 104,4
Portugal 23 144 20 867 90,2 15 818 14 012 88,6
Romania 90 808 88 420 97,4 126 266 134 447 106,5
Northern Ireland 754 1 095 145,1 3 108 1 276 41,0
Slovakia 68 479 62 012 90,6 210 342 239 782 114,0
Slovenia 687 292 636 415 92,6 1 150 252 1 135 131 98,7
Spain 91 164 99 583 109,2 242 177 223 313 92,2
Sweden 49 254 57 939 117,6 69 416 79 126 114,0
Not classified 1 317 1 248 94,8 6 61 1)
EFTA countries 99 420 98 739 99,3 57 065 67 959 119,1
Iceland 958 2 508 261,8 18 153 827,0
Liechtenstein 5 867 5 973 101,8 8 20 251,8
Norway 13 951 16 707 119,8 6 014 5 651 94,0
Switzerland 78 644 73 551 93,5 51 025 62 135 121,8
CEFTA countries 1 037 893 1 132 154 109,1 671 853 567 210 84,4
Albania 21 064 17 827 84,6 7 683 6 381 83,1
Bosnia and Herzegovina 534 277 653 034 122,2 335 241 283 283 84,5
Montenegro 72 563 83 127 114,6 1 800 1 118 62,1
Kosovo 33 536 48 166 143,6 3 357 2 303 68,6
Moldova 441 935 212,1 734 1 787 243,4
North Macedonia 44 624 50 899 114,1 25 327 30 268 119,5
Serbia 331 389 278 166 83,9 297 711 242 071 81,3
OPEC countries 38 029 59 329 156,0 16 127 44 786 277,7
Algeria 2 131 2 133 100,1 13 697 12 326 90,0
Equatorial Guinea 162 48 29,4 - - -
Gabon 92 118 128,0 59 0 0,3
Iraq 2 282 10 783 472,4 33 308 943,6
Iran, Islamic Republic of 1 608 649 40,3 1 034 1 586 153,4
Congo 572 44 7,6 1 - -
Kuwait 1 470 2 068 140,7 - - -
Libya 1 248 390 31,3 - 2 284 -
Nigeria 1 769 106 6,0 250 278 111,0
Saudi Arabia 14 046 14 591 103,9 405 20 359 1)
United Arab Emirates 12 578 28 375 225,6 649 7 639 1)
Venezuela, Bolivarian Republic of 71 25 35,6 - 5 -
Other countries in Europe 243 009 199 759 82,2 239 744 249 026 103,9
Belarus 1 646 2 321 141,0 248 189 76,3
Russian Federation 54 885 47 068 85,8 21 909 2 950 13,5
Türkiye 107 917 55 784 51,7 169 219 197 481 116,7
United Kingdom 53 484 69 535 130,0 23 843 26 816 112,5
Ukraine 25 043 21 187 84,6 24 033 21 428 89,2
Other countries 35 3 865 1) 492 161 32,8
Other countries in Asia 132 939 126 534 95,2 555 470 572 251 103,0
Azerbaijan 1 827 997 54,6 162 52 745 1)
Bangladesh 176 537 304,7 16 078 14 581 90,7
Philippines 543 540 99,4 688 496 72,2
Hong Kong, China 2 818 5 319 188,8 815 337 41,4
India 3 712 7 321 197,2 91 931 52 412 57,0
Indonesia 1 792 1 059 59,1 16 530 5 725 34,6
Israel 7 778 7 778 100,0 9 446 7 829 82,9
Japan 47 491 18 585 39,1 16 006 11 392 71,2
Qatar 945 3 715 393,3 746 392 52,5
Kazakhstan 13 492 11 171 82,8 720 46 939 1)
China 19 567 27 351 139,8 316 841 313 859 99,1
Korea, Republic of 3 571 2 644 74,0 18 246 14 756 80,9
Lebanon 6 074 9 769 160,8 45 4 9,2
Malaysia 973 1 471 151,1 6 067 1 734 28,6
Pakistan 1 084 165 15,2 3 770 5 278 140,0
Singapore 1 681 3 318 197,3 5 042 2 281 45,2
Thailand 1 919 1 870 97,4 4 434 3 532 79,7
Taiwan, China 1 910 1 734 90,8 11 491 9 577 83,3
Viet Nam 6 391 10 251 160,4 25 649 19 038 74,2
Other countries 9 194 10 941 119,0 10 762 9 343 86,8
Other countries in Africa 45 744 42 389 92,7 189 639 30 040 15,8
Egypt 22 014 18 094 82,2 10 648 19 648 184,5
Ethiopia 809 905 111,8 1 653 179 10,8
South Africa 2 724 5 408 198,5 24 342 1 023 4,2
Morocco 11 505 11 976 104,1 3 944 2 629 66,7
Mozambique 12 - - 145 466 252 0,2
Tunisia 543 697 128,2 1 609 3 938 244,8
Other countries 8 137 5 310 65,3 1 976 2 372 120,0
Other countries in America 169 471 204 051 120,4 545 804 330 456 60,5
Argentina 701 415 59,2 2 404 3 282 136,5
Brazil 3 082 2 401 77,9 2 977 5 314 178,5
Canada 18 320 9 259 50,5 7 642 6 361 83,2
Mexico 1 753 3 061 174,5 4 919 3 794 77,1
United States 141 256 183 663 130,0 458 863 251 612 54,8
Other countries 4 359 5 254 120,5 69 000 60 093 87,1
Countries of Oceania 9 192 6 868 74,7 1 740 916 52,6
Australia 8 615 6 536 75,9 1 211 594 49,0
New Zealand 544 274 50,3 438 252 57,6
Other countries 33 57 175,8 90 70 77,1
Not classified 2 721 2 663 97,9 45 795 68 558 149,7

1) The index exceeds 999.

4 FIRST RESULTS OF FOREIGN TRADE IN GOODS OF THE REPUBLIC OF CROATIA

Thousand euro

         I – IV 2023 I – IV 2024 Indices
I – IV 2024
I – IV 2023
Export 7 661 719 7 570 250 98,8
EU Member States 5 289 347 5 010 961 94,7
Non-EU Member States 2 372 372 2 559 289 107,9
Import 13 173 423 13 471 298 102,3
EU Member States 10 120 176 10 736 068 106,1
Non-EU Member States 3 053 247 2 735 230 89,6
Balance of foreign trade in goods -5 511 705 -5 901 048 1)
Coverage of import by export, % 58,2 56,2 1)

1) The index is not presented.

NOTES ON METHODOLOGY

Sources and methods of data collection

The data source for statistics on trading in goods with EU Member States is the Intrastat form used by the reporting units to report on arrivals and/or dispatches on a monthly basis, that is, for each month in which goods physically enter or leave the territory of the Republic of Croatia. As of 1 January 2024, all goods included in purchase and sale transactions must be reported to Intrastat based on the month of the creation of the taxable event. The reporting units are all business entities, value added tax payers whose value of trading in goods with EU Member States exceeds the exemption threshold determined for the reference year. For 2024, an exemption threshold of 450 thousand euro for arrivals and of 300 thousand euro for dispatches has been determined. In order to achieve complete harmonisation with the EU methodology and legislation, data on foreign trade in goods have been supplemented with trade value below the exemption threshold after being estimated on the basis of data on supplies and acquisitions of goods in/from EU Member States provided by the Tax Administration Office of the Republic of Croatia.

The First Results of the statistics concerning the foreign trade in goods of the Republic of Croatia are an integral part of this First Release and they contain the estimate of the trade value below the exemption threshold for the entire period they refer to.

The data source for statistics on trading in goods with third countries, that is, non-EU countries, are customs declarations on export and import of goods. The Croatian Bureau of Statistics receives the reviewed customs declarations from the Customs Administration of the Republic of Croatia in the form of data records.

Following basic methodological recommendations of the UN Statistical Office and Eurostat, the Croatian Bureau of Statistics statistically processes and disseminates collected Intrastat and Extrastat data as unique information on foreign trade in goods of the Republic of Croatia.

Legal basis

The legal basis for the conduct of the Intrastat survey is the European legislation related to statistics on trading in goods between EU Member States, the Regulation (EU) 2019/2152, the Commission Implementing Regulation (EU) 2020/1197, the Official Statistics Act (NN, No. 25/20) and the Customs Administration Act (NN, Nos 68/13, 30/14, 115/16, 39/19 and 98/19). More detailed notes on methodology for this survey are published on the website of the Croatian Bureau of Statistics at Državni zavod za statistiku - Intrastat (gov.hr).

The legal basis for Extrastat is the European legislation related to statistics on trading in goods with third countries, the Regulation (EU) 2019/2152, the Commission Implementing Regulations (EU) 2020/1197, 2021/1225 and 2021/235, the Commission Delegated Regulations (EU) 2021/1704 and 2021/234, the Act on the Implementation of the Customs Legislation of the European Union (NN, No. 40/16), the Official Statistics Act (NN, No. 25/20) and the Customs Administration Act (NN, Nos 68/13, 30/14, 115/16, 39/19 and 98/19).

Coverage and comparability

Statistics on foreign trade in goods include all goods exported from or imported into the country. Data on foreign trade in goods include both export and import based on gross inward and outward processing.

Statistical value of goods is the value of goods at the Croatian border. Values for export, i.e. dispatches, are shown as an FOB-type value, while values for import, i.e. arrivals, are shown as a CIF-type value.

Amounts expressed in foreign currencies are converted into euros and US dollars according to the monthly exchange rate lists determined for the reporting month. The mean exchange rate of the Croatian National Bank is used.

In certain tables, the sum total may not equal the sum of individual figures due to the rounding to thousands.

Data by type of activities have been presented according to the NKD 2007 (NN, Nos 58/07 and 72/07), which entered into force on 1 January 2008 and is based on the European classification NACE, Rev. 2, which is obligatory in EU Member States. Data are presented using a production approach by which export and import data are reported according to the manufacturing activity from which the product originates.

Goods listed under export and import are classified, for statistical needs, according to the Standard International Trade Classification (SITC, Rev. 4).

Data on export are shown by countries of destination, while two methodological criteria have been applied, by which data on import are shown by countries. In Extrastat, data on import are shown by countries of origin of goods, while, in Intrastat, data on arrivals of goods are presented by countries of dispatch.

OPEC membership is subject to frequent changes. More detailed information about OPEC member countries is published on the website https://www.opec.org/.

Only customs declarations containing the date of acceptance in a customs office in a particular month are processed for that month as well as Intrastat forms submitted for the reporting month. Already issued data for previous months are changed during the current year in order to classify subsequently received and/or corrected Intrastat forms and customs declarations for earlier periods.

Monthly data are corrected until final data processing for the current year is done (the middle of the next year). Monthly data are considered provisional until the final processing of the current year and dissemination of final data is done. Monthly data for 2023 are considered final.

Data on foreign trade in goods are available in the time series published on the website of the Croatian Bureau of Statistics under Statistics in Line; Economy – Basic Indicators (data from 2000) and Foreign Trade in Goods (data from 2010).

 

Abbreviations

CEFTA Central European Free Trade Agreement
CIF cost, insurance and freight
EC European Community
EFTA European Free Trade Association
EU European Union
Eurostat Statistical Office of the European Union
FOB free on board
mln million
NACE Statistical Classification of Economic Activities in the European Community
n. e. c. not elsewhere classified
n. e. s. not elsewhere specified
NKD 2007 National Classification of Activities, 2007 version
NN Narodne novine, official gazette of the Republic of Croatia
OPEC Organization of the Petroleum Exporting Countries
PSI provider of statistical information
SITC Standard International Trade Classification
UN United Nations
US $ United States dollar
   
Symbols  
- no occurrence
0 value not zero but less than 0.5 of the unit of measure used

 

 

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