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Croatia's export-import ratio as low as 46 pct

ZAGREB, June 29 (Hina) - Croatia's export-import ratio in the first five months of 2007 was a low 46%, the Central Bureau of Statistics reported on Friday.
ZAGREB, June 29 (Hina) - Croatia's export-import ratio in the first five months of 2007 was a low 46%, the Central Bureau of Statistics reported on Friday.

Expressed in US dollars, exports in the first five months grew by 16.5% reaching 4.64 billion dollars, while the import of commodities, expressed in dollars, went up by 20.8% reaching 10.1 billion, the Bureau said.

In absolute figures, this means that export was USD656 million higher than in the same period last year, while import grew by more than USD1.7 billion.

Foreign trade deficit in this year's first five months exceeded USD5.4 billion, an increase of 24.6% or one billion dollars in relation to the same period last year.

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