Bangladesh (BGD) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Bangladesh-Croatia Trade: In 2022, Bangladesh exported $32.6M to Croatia. The main products that Bangladesh exported to Croatia were Knit Sweaters ($4.82M), Knit T-shirts ($4.77M), and Non-Knit Women's Suits ($4.55M). Over the past 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 17%, from $14.9M in 2017 to $32.6M in 2022.

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

Croatia-Bangladesh Trade: In 2022, Croatia exported $2.72M to Bangladesh. The main products that Croatia exported to Bangladesh were Antibiotics ($954k), Iron Gas Containers ($840k), and Other Knit Clothing Accessories ($184k). Over the past 5 years the exports of Croatia to Bangladesh have decreased at an annualized rate of 7.44%, from $4M in 2017 to $2.72M in 2022.

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

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $32.6M to Croatia. The main products exported from Bangladesh to Croatia were Knit Sweaters ($4.82M), Knit T-shirts ($4.77M), and Non-Knit Women's Suits ($4.55M). During the last 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 17%, from $14.9M in 2017 to $32.6M in 2022.

In 2017, Croatia exported $2.72M to Bangladesh. The main products exported from Croatia to Bangladesh were Antibiotics ($954k), Iron Gas Containers ($840k), and Other Knit Clothing Accessories ($184k). During the last 5 years the exports of Croatia to Bangladesh have decreased at an annualized rate of 7.44%, from $4M in 2022 to $2.72M in 2017.

Exports from Bangladesh () to Croatia () (2022)

Exports from Croatia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Croatia ()

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Bangladesh than Croatia included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Croatia than Bangladesh included Slovenia ($2.87B), Hungary ($2.65B), and Bosnia and Herzegovina ($2.45B).

Difference in imports from Croatia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Croatia in the exports of Textiles ($31.5M), Foodstuffs ($832k), and Footwear and Headwear ($168k).

During 2017, Croatia had a large net trade with Bangladesh in the exports of Chemical Products ($1.2M), Metals ($1.01M), and Machines ($310k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Croatia+$6.65MKnit Sweaters

Top Product Potential Croatia Bangladesh+$482kAntibiotics

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bangladesh and Croatia. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Croatia () (2022)

Exports from Croatia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Croatia ()

Croatia Exports

Market Competitiveness

Difference in imports from Croatia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Croatia () (2022)

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