Croatia

ECON COMPLEXITY (2018)

0.74

RANK 37 OF 137

PRODUCT EXPORTS (2018)

$17.8B

RANK 76 OF 222

EXPORTS PER CAPITA (2018)

$4.36K

RANK 142 OF 219

PRODUCT IMPORTS (2018)

$29B

RANK 68 OF 221

IMPORTS PER CAPITA (2018)

$7.09K

RANK 139 of 219

SERVICE EXPORTS (2017)

$14.2B

RANK 43 OF 139

SERVICE IMPORTS (2017)

$4.06B

RANK 73 OF 139

GDP (2018)

$61B

CURRENT US$
RANK 76 OF 196

GDP GROWTH (2008-2018)

-13.3%

CURRENT US$
RANK 188 OF 196

GDP PC (2018)

$14,910

CURRENT US$
RANK 63 OF 196

GDP PC GROWTH (2008-2018)

-8.58%

Overview: In 2018 Croatia was the number 76 economy in the world in terms of GDP (current US$), the number 76 in total exports, the number 68 in total imports, and the number 37 most complex economy according to the Economic Complexity Index (ECI). In 2018, Croatia exported $17.8B and imported $29B, resulting in a negative trade balance of -$11.1B. In 2018, Croatia’s exports per capita were $4.36k and its imports per capita were $7.09k.

Trade: The top exports of Croatia are Refined Petroleum ($1.3B), Packaged Medicaments ($704M), Sawn Wood ($462M), Blood, antisera, vaccines, toxins and cultures ($381M), and Electrical Transformers($346M). The top imports of Croatia are Crude Petroleum ($2.3B), Cars($1.49B), Refined Petroleum ($1.04B), Packaged Medicaments ($802M), and Electricity ($637M).

Destinations: Croatia exports mostly to Italy ($2.48B), Germany($2.29B), Slovenia ($1.89B), Bosnia and Herzegovina ($1.54B), and Austria ($1.13B), and imports mostly from Germany ($4.16B), Italy($3.76B), Slovenia ($3B), Hungary ($2.15B), and Austria ($1.77B).

Location: Croatia borders Bosnia and Herzegovina, Hungary, Montenegro, Serbia, and Slovenia by land and Italy by sea.

Exports

In 2018 Croatia exported a total of $17.8B, making it the number 76 exporter in the world. During the last five reported years the exports of Croatia have changed by $4.92B from $12.9B in 2013 to $17.8B in 2018.

The most recent exports are led by Refined Petroleum ($1.3B), Packaged Medicaments ($704M), Sawn Wood ($462M), Blood, antisera, vaccines, toxins and cultures ($381M), and Electrical Transformers ($346M).

Imports

In 2018 Croatia imported $29B, making it the number 68 trade destination in the world. During the last five reported years the imports of Croatia changed by $7.1B from $21.9B in 2013 to $29B in 2018.

The most recent imports of Croatia are led by Crude Petroleum ($2.3B), Cars ($1.49B), Refined Petroleum ($1.04B), Packaged Medicaments ($802M), and Electricity ($637M).

Trade Balance

As of 2018 Croatia had a negative trade balance of $6.35B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $2.23B in net imports.

Destinations

The most common destination for the exports of Croatia are Italy ($2.48B), Germany ($2.29B), Slovenia ($1.89B), Bosnia and Herzegovina ($1.54B), and Austria ($1.13B).

Origins

The most common import partners for Croatia are Germany ($4.16B), Italy ($3.76B), Slovenia ($3B), Hungary ($2.15B), and Austria ($1.77B).