Croatia recorded a trade deficit of 5200 HRK Million in November of 2019.

Balance of Trade in Croatia averaged -3778.46 HRK Million from 1993 until 2019, reaching an all time high of 502.62 HRK Million in August of 1993 and a record low of -8379.31 HRK Million in April of 2008. This page provides - Croatia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Croatian Bureau of Statistics

Balance of Trade in Croatia is expected to be -7630.00 HRK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Croatia to stand at -4550.00 in 12 months time. In the long-term, the Croatia Balance of Trade is projected to trend around -4210.00 HRK Million in 2020, according to our econometric models.

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Croatia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-5200.00 -5925.92 502.62 -8379.31 1993 - 2019 HRK Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-09 09:00 AM Aug HKR -5.6B HKR -4.7B HKR -4.8B
2019-11-08 10:00 AM Sep HKR -5.1B HKR -5.5B HKR -5.3B
2019-12-09 10:00 AM Oct HKR -5.8B HKR -5.3B HKR -5.8B
2020-01-09 10:00 AM Nov HKR -5.2B HKR -5.9B
2020-02-07 10:00 AM Dec HKR -5.2B HKR -4.5B


Croatia Balance of Trade
After the loss of the Yugoslav and Comecon markets, trade still plays a major role in Croatia's economic output. Croatia is mostly an exporter of transport equipment, machinery, textiles, chemicals, foodstuffs and fuels. On the other hand, Croatian is an importer of machinery, transport and electrical equipment, fuels and lubricans and foodstuffs. Croatia's main trading partners are Italy, Germany, Russia, China, Slovenia and Austria. The European Union as a whole is Croatia's most important trading partner.