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CROATIA'S FOREIGN TRADE DEFICIT NEARLY USD 5 BLN

ZAGREB, Sept 1 (Hina) - Croatia's exports in the January-July 2004period amounted to 27.35 billion kuna or US$4.47 billion, whileimports were 57.5 billion kuna or $9.4 billion, according topreliminary data the Central Bureau of Statistics released onWednesday.
ZAGREB, Sept 1 (Hina) - Croatia's exports in the January-July 2004 period amounted to 27.35 billion kuna or US$4.47 billion, while imports were 57.5 billion kuna or $9.4 billion, according to preliminary data the Central Bureau of Statistics released on Wednesday.

Croatia's foreign trade deficit in this year's first seven months amounted to 30.13 billion kuna or over $4.93 billion.

Stated in the domestic currency, exports in this year's first seven months went up 13.8 and imports 5.7 percent from the same time last year. Stated in U.S. dollars, exports went up 26.6 and imports 17.5 percent.

The import-export ratio at the end of July was 47.6 percent, a mild increase from the 46.9 percent at the end of June, the lowest recorded this year.

In July alone the import-export ratio was 51.2 percent, up from only 39.8 percent in June. Imports in July amounted to $1.45 billion, while exports stood at $744.1 million.

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