Importing and Exporting in Croatia
Importing and Exporting in CroatiaUpdated on Sunday 02nd February 2020
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According to the Economic Complexity Index, Croatia is the 76th largest export economy in the world and the 37th most complex economy. Starting a company in Croatia's imports field can turn into a business success, since the country is importing nearly twice as much in value as it is exporting. Croatia's traditional trading partners include: Italy, Germany, Austria, Slovenia, Hungary and the UK. Importing and exporting in Croatia is regulated by the provisions of the Commercial Code. Further details about the import/export legislation in this country can be provided to you by our lawyers in Croatia.
Imports and exports in Croatia
In terms of exports, Croatia relies on its mineral fuels and machinery. Oil products and machines, including computers represent almost 10% of Croatia's exports. The pharmaceutical industry in Croatia is a continuously growing sector, Croatian pharmaceutical companies accounting for 6.7% of the total exports. Others sectors accounting for Croatia's overall exports are: electrical machinery (8.9%), wood (5.7%), vehicles (3.7%), iron or steel articles (3.1%) and plastics and plastic articles (2.8%).
When it comes to imports, Croatia is a top importer of arms and ammunition. Others fast-growing Croatian imports include: aircraft and spacecraft technology, wood pulp, coated textile fabric and toys and games. Croatian companies import products mainly from its neighboring countries such as Germany, Italy and Slovenia. Croatia's exports usually go to Italy, Slovenia, Germany and Bosnia and Herzegovina. If you want to set up a company in the trade sector and need legal advice, you can rely on our law firm in Croatia. Our advisors can also help you obtain the EORI number for you trading company in Croatia.
Trade requirements for companies established in Croatia
All Croatian companies importing or exporting products and goods have to observe the regulations of the Custom Authorities and fill in specific trading documentation. Croatian companies have to obtain export licenses for certain products like chemicals and firearms. Any Croatian importer has to provide the required import documentation. This usually consists of: common trade, transport and customs documents, as well as quality control certificates and licenses where appropriate. The custom documentation also provides information about the taxes related to traded goods and merchandise. The Single Administrative Document (SAD) is the key custom document in the European Union and Croatia as well.
Don't hesitate to contact our Croatian attorneys if you need more information about the trading regulations or the import/export declarations.