2023
Flag  
GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Bangladesh-Croatia Trade: In 2023, Bangladesh exported $62.2M to Croatia. The main products that Bangladesh exported to Croatia were Non-Knit Women's Suits ($9.87M), Knit Women's Undergarments ($9.21M), and Knit Sweaters ($6.96M). Over the past 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 30.1%, from $16.7M in 2018 to $62.2M in 2023.

In 2023, Bangladesh did not export any services to Croatia.

Croatia-Bangladesh Trade: In 2023, Croatia exported $7.84M to Bangladesh. The main products that Croatia exported to Bangladesh were Other Measuring Instruments ($5.73M), Electrical Control Boards ($1.29M), and Antibiotics ($272k). Over the past 5 years the exports of Croatia to Bangladesh have increased at an annualized rate of 46.2%,  from $1.17M in 2018 to $7.84M in 2023.

In 2023, Croatia did not export any services to Bangladesh.

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $62.2M to Croatia. The main products exported from Bangladesh to Croatia were Non-Knit Women's Suits ($9.87M), Knit Women's Undergarments ($9.21M), and Knit Sweaters ($6.96M). During the last 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 30.1%, from $16.7M in 2018 to $62.2M in 2023.

In 2018, Croatia exported $7.84M to Bangladesh. The main products exported from Croatia to Bangladesh were Other Measuring Instruments ($5.73M), Electrical Control Boards ($1.29M), and Antibiotics ($272k). During the last 5 years the exports of Croatia to Bangladesh have increased at an annualized rate of 46.2%, from $1.17M in 2023 to $7.84M in 2018.

Exports from Bangladesh (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$8.58B
Croatia
Top Destination
Italy$3.05B

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 2023, countries that imported more from Bangladesh than Croatia included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Croatia than Bangladesh included Slovenia ($2.45B), Italy ($3.05B), and Bosnia and Herzegovina ($1.3B).

Difference in imports from Croatia (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Croatia

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Croatia in the exports of Textiles ($61.4M), Foodstuffs ($490k), and Footwear and Headwear ($210k).

During 2018, Croatia had a large net trade with Bangladesh in the exports of Instruments ($5.74M), Machines ($1.49M), and Chemical Products ($588k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Bangladesh (Flag) and Croatia (Flag) (2023)

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