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EXPORTS JAN-NOV 2000 EXCEED USD 4 BILLION, DEFICIT OVER 3 BILLION

ZAGREB, Jan 4 (Hina) - Croatia's commodity exports between January and November 2000 exceeded four billion US dollars, marking a growth of 4.3 percent against the same period the year before, the State Bureau of Statistics said on Thursday.
ZAGREB, Jan 4 (Hina) - Croatia's commodity exports between January and November 2000 exceeded four billion US dollars, marking a growth of 4.3 percent against the same period the year before, the State Bureau of Statistics said on Thursday.#L# The growth, however, was still insufficient to make a significant cut in the foreign trade deficit, which amounted to $3.1 billion, a mere 2.1% drop against the same time span in 1999. Moreover, exports covered imports by only 56.5%. Commodity imports in Jan-Nov 2000 totalled $7.13 billion, a 1.4% growth against the same time in 1999. Among the industry branches with a significant increase in export were the production of oil products - $409 million or 37.2% more than in 1999, chemical products - a 9.7% increase and $492 million, the metal-working industry with a 30.2% increase and $147 million, metal products with a 30.2% increase and $102 million, the manufacturing of machinery and equipment with a 12.2% increase and $170 million, and the textile industry with 5.7 percent and $147 million. Shipbuilding exports amounted to $602 million. An above-average export rate was realised in trade with countries of the European Union, to which Croatia directed more than 55% of its entire export. In last year's first 11 months, said export amounted to $2.2 billion, or 16.5% more than in the same time span in 1999. Italy is Croatia's premier foreign trade partner both in import and export. Export to the western neighbour amounted to $916 million, an increase of 30.3%, while a little over $1.2 billion were imported from Italy, an increase of 9.4%. Export to Croatia's second foreign trade partner, Germany, dropped by 6.2%, to $579 million. Import also fell, by 12.8%, amounting to $1.14 billion. Croatia increased imports to Austria, by 10.1%, reaching $264 million, and France, by 19.6%, reaching $115 million. Imports also increased to neighbouring Slovenia, by 6.1%, thus reaching $437 million, while export to Bosnia, $453 million, fell by 11.3%. (hina) ha

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