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2022
Flag → Flag
Exports $51.7MRnk 104 / 215
2022
Flag → Flag
Top Product $13.3MIron Ore
2022
Flag → Flag
Exports $70.8MRnk 41 / 182
2022
Flag → Flag
Top Product $16.2MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 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 $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Canada-Croatia Trade: In 2022, Canada exported $51.7M to Croatia. The main products that Canada exported to Croatia were Iron Ore ($13.3M), Machinery Having Individual Functions ($7.56M), and Dried Legumes ($4.55M). Over the past 5 years the exports of Canada to Croatia have increased at an annualized rate of 8.88%, from $33.8M in 2017 to $51.7M in 2022.

In 2020, Canada exported services to Croatia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

Croatia-Canada Trade: In 2022, Croatia exported $70.8M to Canada. The main products that Croatia exported to Canada were Packaged Medicaments ($16.2M), Semiconductor Devices ($8.49M), and Electrical Transformers ($5.39M). Over the past 5 years the exports of Croatia to Canada have increased at an annualized rate of 2.28%,  from $63.3M in 2017 to $70.8M in 2022.

In 2020, Croatia exported services to Canada worth $12.7M, with Computer and information services ($5.14M), Travel ($3.08M), and Other business services ($3.08M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$4.09M and imported C$13.2M from Croatia, resulting in a negative trade balance of C$9.08M. Between August 2023 and August 2024 the exports of Canada have decreased by C$-1.43M (-25.9%) from C$5.52M to C$4.09M, while imports increased by C$5.54M (72.7%) from C$7.62M to C$13.2M.

Trade In August 2024, the top exports of Canada to Croatia were Animal Food (C$606k), Other Processed Fruits and Nuts (C$507k), Dried Legumes (C$504k), Aircraft parts including unmanned craft (C$445k), and Cars (C$171k). In August 2024 the top imports of Canada from Croatia were Packaged Medicaments (C$5.3M), Aluminium Foil (C$848k), Chocolate (C$636k), Gas Turbines (C$605k), and Wood Carpentry (C$570k).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$2.34M), Quebec (C$1.15M), Alberta (C$527k), and British Columbia (C$74.9k), while imports destinations were mainly Quebec (C$9.09M), Ontario (C$3.34M), Alberta (C$333k), British Columbia (C$313k), and Manitoba (C$84.2k).

Growth In August 2024, the decrease in Canada's year-by-year exports to Croatia was explained primarily by an decrease in product exports in Dried Legumes (C$-238k or -32.1%), Hydrometers (C$-81.8k or -65.4%), and Other Measuring Instruments (C$-61.3k or -57.9%). In August 2024, the increase in Canada's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Packaged Medicaments (C$4.61M or 674%), Aluminium Foil (C$388k or 84.4%), and Broadcasting Accessories (C$275k or 1.81k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$-1.43M(-25.9%)
IMPORT GROWTH (August 2023 - August 2024)C$5.54M(72.7%)
MAIN EXPORTER (August 2024)OntarioC$2.34M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Croatia and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $51.7M to Croatia. The main products exported from Canada to Croatia were Iron Ore ($13.3M), Machinery Having Individual Functions ($7.56M), and Dried Legumes ($4.55M). During the last 5 years the exports of Canada to Croatia have increased at an annualized rate of 8.88%, from $33.8M in 2017 to $51.7M in 2022.

In 2017, Croatia exported $70.8M to Canada. The main products exported from Croatia to Canada were Packaged Medicaments ($16.2M), Semiconductor Devices ($8.49M), and Electrical Transformers ($5.39M). During the last 5 years the exports of Croatia to Canada have increased at an annualized rate of 2.28%, from $63.3M in 2022 to $70.8M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Canada than Croatia included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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

Comparative Advantage Canada - Croatia

Flow
Scale

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

During 2022, Canada had a large net trade with Croatia in the exports of Machines ($13.9M), Mineral Products ($13.3M), and Transportation ($5.74M).

During 2017, Croatia had a large net trade with Canada in the exports of Machines ($23.9M), Chemical Products ($20.5M), and Foodstuffs ($6.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Croatia+$2.51MPackaged Medicaments
Top Product Potential Croatia Canada+$12.8MPackaged 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.

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Bilateral Service Trade

In 2020, Canada exported services to Croatia worth $746k, with Computer and information services ($746k) being the largest in terms of value.

In 2020, Croatia exported services to Canada worth $12.7M, with Computer and information services ($5.14M), Travel ($3.08M), and Other business services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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