Croatia

Croatia ranked No. 94 in total trade value through June with a total of $444.44 million. Exports totaled $189.18 million and Imports totaled $255.26 million, a deficit of $66.08 million.

U.S. trade with Croatia rose to $444.44 million through June

Croatia’s trade with the United States rose to $444.44 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 45.15 percent below its total trade during the same time period last year. U.S. exports to Croatia decreased 63.33 percent while U.S. imports from Croatia fell 13.28 percent. The U.S. deficit with Croatia was $66.08 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Norfolk/Mobile/Charleston; No. 3 Chicago O’Hare International Airport; No. 4 Port of Corpus Christi, Texas; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Norfolk/Mobile/Charleston; No. 2 Port of Wilmington, Dela.; No. 3 Port of Newark; No. 4 John F. Kennedy International Airport and No. 5 Port of Beaumont, Texas. In the current time period, the top five accounted for 66.26 percent of Croatia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 9.34 percent to $93.26 million.
    Exports fell 44.82 percent to $1.12 million. Imports fell 8.63 percent to $92.13 million.
  • Trade with No. 2 Norfolk/Mobile/Charleston fell 53.16 percent to $77.07 million.
    Exports fell 53.16 percent to $77.07 million. There were no imports.
  • Trade with No. 3 Chicago O’Hare International Airport rose 105.99 percent to $59.67 million.
    Exports rose 40.74 percent to $7.3 million. Imports rose 120.23 percent to $52.37 million.
  • Trade with No. 4 Port of Corpus Christi, Texas rose 1346.99 percent to $38.48 million.
    Exports rose 1346.72 percent to $38.48 million. Imports totaled $7,310.
  • Trade with No. 5 John F. Kennedy International Airport fell 60.46 percent to $26.01 million.
    Exports fell 51.07 percent to $4.89 million. Imports fell 62.14 percent to $21.12 million.

Croatia ranked No. 94 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 91.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Croatia by value through June were the categories of Coal, briquettes; Oil; Antibiotics; Almonds, walnuts, pistachios, hazelnuts, etc.; and Low value shipments, respectively. They accounted for 71 percent of total exports to Croatia.

The value of the top five categories of U.S. imports from Croatia –– Medicines in individual dosages; Handguns; Power supplies, transformers; Molding boxes for metal foundries; and Leather shoes –– accounted for 55.93 percent of all inbound shipments.

Looking more closely at U.S. exports to Croatia:

  • Coal, briquettes fell 53.16 percent compared to last year to $77.07 million.
  • Oil fell 56.12 percent compared to last year to $38.48 million.
  • Antibiotics rose 7.97 percent compared to last year to $10.68 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. fell 17.27 percent compared to last year to $4.52 million.
  • Low value shipments fell 62.77 percent compared to last year to $3.57 million.

Looking more closely at U.S. imports from Croatia:

  • Medicines in individual dosages fell 36.02 percent compared to last year to $70 million.
  • Handguns rose 129 percent compared to last year to $36.79 million.
  • Power supplies, transformers rose 166.44 percent compared to last year to $18.26 million.
  • Molding boxes for metal foundries fell 13.05 percent compared to last year to $10.16 million.
  • Leather shoes rose 58.08 percent compared to last year to $7.55 million.

In the latest annual figures available, Croatia recorded $1.26 billion in trade with the United States. Total U.S. exports to Croatia were $ 712.98 million and imports from Croatia were $548.57 million. The U.S. surplus with Croatia was $164.41 million.