Armenia (ARM) and Croatia (HRV) Trade | OEC - The Observatory of Economic Complexity

About

Armenia-Croatia In 2021, Armenia exported $174k to Croatia. The main products that Armenia exported to Croatia are Building Stone ($75.5k), Cars ($30k), and Raw Furskins ($29.1k). During the last 24 years the exports of Armenia to Croatia have increased at an annualized rate of 8.56%, from $24.3k in 1997 to $174k in 2021.

In 2021, Armenia did not export any services to Croatia.

Croatia-Armenia In 2021, Croatia exported $848k to Armenia. The main products that Croatia exported to Armenia were Shaving Products ($185k), Packaged Medicaments ($182k), and Large Iron Containers ($110k). During the last 24 years the exports of Croatia to Armenia have increased at an annualized rate of 23.7%, from $5.19k in 1997 to $848k in 2021.

In 2021, Croatia did not export any services to Armenia.

Comparison In 2021, Armenia ranked 71 in the Economic Complexity Index (ECI -0.19), and 133 in total exports ($3.36B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.81), and 72 in total exports ($22.8B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Armenia exported $174k to Croatia. The main products exported from Armenia to Croatia were Building Stone ($75.5k), Cars ($30k), and Raw Furskins ($29.1k). During the last 24 years the exports of Armenia to Croatia have increased at an annualized rate of 8.56%, from $24.3k in 1997 to $174k in 2021.

In 2021, Croatia exported $848k to Armenia. The main products exported from Croatia to Armenia were Shaving Products ($185k), Packaged Medicaments ($182k), and Large Iron Containers ($110k). During the last 26 years the exports of Croatia to Armenia have increased at an annualized rate of 23.7%, from $5.19k in 1995 to $848k in 2021.

Latest Data

Armenia Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

SectionYear

Armenia
Top Destination: Russia, $789M

Croatia
Top Destination: Italy, $2.82B

This map shows whether countries import more from Armenia or Croatia. Each country is colored based on the difference in imports they receive from Armenia and Croatia or the difference in the growth in imports.

In 2021, countries that imported more from Armenia than Croatia were Russia ($789M), Iraq ($177M), and India ($249M).

In 2021, countries that imported more from Croatia than Armenia were Italy ($2.82B), Germany ($2.63B), and Slovenia ($2.33B).

Comparative Advantage Armenia - Croatia

Flow

Scale

Year

This chart compares trade between Armenia and Croatia by product, considering products traded by both, Armenia and Croatia.

During 2021, Armenia had a large net trade with Croatia in the exports of Stone And Glass ($75.6k), Animal Hides ($52.1k), and Transportation ($30k).

During 2021, Croatia had a large net trade with Armenia in the exports of Chemical Products ($436k), Metals ($120k), and Machines ($120k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Latest Data

Armenia Exports

Croatia Exports

Market Competitiveness

Comparative Advantage Armenia - Croatia

Economic Complexity

Competitive Landscape

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