Croatia's Jan-Feb trade gap down by 6.5% y/y.

By bne IntelliNews April 1, 2011
Croatias foreign trade deficit fell by 6.5% y/y to EUR 765.2mn in January-February, the statistics office preliminary data showed. Exports rose by 2.4% y/y to EUR 1.23bn, while imports inched down by 0.9% y/y to EUR 2bn. The main industrial groups classification showed that the categories to contribute for the overall decline in imports were food and beverages (-4.1% y/y), fuel (-12.8% y/y), transport equipment (-5.2% y/y), consumer goods (-72.7% y/y) and goods (-0.5% y/y). Increase was observed in industrial supplies (9.3% y/y) and capital goods (3.9% y/y). A decrease in exports was registered in fuel (-23.1% y/y), transport equipment (-28.4% y/y) and consumer goods (-5.4% y/y). The negative dynamics in these sectors was offset by growth in the sale abroad of food and beverages (25.8% y/y), industrial supplies (27.1% y/y), capital goods (12.8% y/y) and goods (45.7% y/y).

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