2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 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 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 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

Brazil-Croatia Trade: In 2023, Brazil exported $46.3M to Croatia. The main products that Brazil exported to Croatia were Raw Sugar ($30.2M), Raw Tobacco ($5.71M), and Orthopedic Appliances ($2.16M). Over the past 5 years the exports of Brazil to Croatia have decreased at an annualized rate of 13.8%, from $97.1M in 2018 to $46.3M in 2023.

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

Croatia-Brazil Trade: In 2023, Croatia exported $23.5M to Brazil. The main products that Croatia exported to Brazil were Gas Turbines ($5.43M), Handguns ($2.69M), and Other Plastic Products ($2.13M). Over the past 5 years the exports of Croatia to Brazil have increased at an annualized rate of 4.07%,  from $19.2M in 2018 to $23.5M in 2023.

In 2020, Croatia exported services to Brazil worth $5.14M, with Travel ($5.03M) and Computer and information services ($114k) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). 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, Brazil exported $46.3M to Croatia. The main products exported from Brazil to Croatia were Raw Sugar ($30.2M), Raw Tobacco ($5.71M), and Orthopedic Appliances ($2.16M). During the last 5 years the exports of Brazil to Croatia have decreased at an annualized rate of 13.8%, from $97.1M in 2018 to $46.3M in 2023.

In 2018, Croatia exported $23.5M to Brazil. The main products exported from Croatia to Brazil were Gas Turbines ($5.43M), Handguns ($2.69M), and Other Plastic Products ($2.13M). During the last 5 years the exports of Croatia to Brazil have increased at an annualized rate of 4.07%, from $19.2M in 2023 to $23.5M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Brazil than Croatia included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Croatia than Brazil included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

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

Comparative Advantage Brazil - Croatia

Flow
Scale

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

During 2023, Brazil had a large net trade with Croatia in the exports of Foodstuffs ($38.1M), Instruments ($2.48M), and Machines ($1.8M).

During 2018, Croatia had a large net trade with Brazil in the exports of Machines ($9.9M), Chemical Products ($3.54M), and Weapons ($2.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Croatia+$6.57MIron Ore
Top Product Potential Croatia Brazil+$4.14MPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Croatia exported services to Brazil worth $5.14M, with Travel ($5.03M) and Computer and information services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Croatia (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with