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2022
Flag → Flag
Exports $418kRnk 68 / 129
2022
Flag → Flag
Top Product $189kRaw Furskins
2022
Flag → Flag
Exports $3.13MRnk 92 / 182
2022
Flag → Flag
Top Product $1.13MRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
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Economic Complexity (ECI) ECI 0.81Rnk 32 / 124
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Armenia-Croatia In 2022, Armenia exported $418k to Croatia. The main products that Armenia exported to Croatia are Raw Furskins ($189k), Building Stone ($131k), and Dairy Machinery ($27.9k). During the last 25 years the exports of Armenia to Croatia have increased at an annualized rate of 12%, from $24.5k in 1997 to $418k in 2022.

In 2022, Armenia did not export any services to Croatia.

Croatia-Armenia In 2022, Croatia exported $3.13M to Armenia. The main products that Croatia exported to Armenia were Raw Tobacco ($1.13M), Gas Turbines ($527k), and Packaged Medicaments ($202k). During the last 25 years the exports of Croatia to Armenia have increased at an annualized rate of 29.2%, from $5.19k in 1997 to $3.13M in 2022.

In 2022, Croatia did not export any services to Armenia.

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $418k to Croatia. The main products exported from Armenia to Croatia were Raw Furskins ($189k), Building Stone ($131k), and Dairy Machinery ($27.9k). During the last 25 years the exports of Armenia to Croatia have increased at an annualized rate of 12%, from $24.5k in 1997 to $418k in 2022.

In 2022, Croatia exported $3.13M to Armenia. The main products exported from Croatia to Armenia were Raw Tobacco ($1.13M), Gas Turbines ($527k), and Packaged Medicaments ($202k). During the last 27 years the exports of Croatia to Armenia have increased at an annualized rate of 29.2%, from $5.19k in 1995 to $3.13M in 2022.

Exports from Armenia (Flag) to Croatia (Flag) (2022)

Exports from Croatia (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Croatia (Flag)

Armenia Exports

Croatia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Croatia
Top DestinationItaly$3.44B

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 ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2021, countries that imported more from Croatia than Armenia were Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

Difference in imports from Croatia (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Croatia

Flow
Scale

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

During 2022, Armenia had a large net trade with Croatia in the exports of Animal Hides ($189k), Stone And Glass ($131k), and Machines ($63.2k).

During 2022, Croatia had a large net trade with Armenia in the exports of Foodstuffs ($1.21M), Machines ($1.09M), and Chemical Products ($452k).

Economic Complexity

Competitive Landscape

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.

Product Space of Armenia (Flag) and Croatia (Flag) (2022)

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