Cyprus (CYP) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Cyprus-Croatia In 2022, Cyprus exported $13.5M to Croatia. The main products that Cyprus exported to Croatia are Packaged Medicaments ($4.19M), Textile Footwear ($2.01M), and Potatoes ($778k). During the last 27 years the exports of Cyprus to Croatia have increased at an annualized rate of 8.6%, from $1.45M in 1995 to $13.5M in 2022.

In 2018, Cyprus exported services to Croatia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

Croatia-Cyprus In 2022, Croatia exported $53.9M to Cyprus. The main products that Croatia exported to Cyprus were Passenger and Cargo Ships ($38.8M), Barley ($1.33M), and Iron Structures ($1.16M). During the last 27 years the exports of Croatia to Cyprus have increased at an annualized rate of 3.63%, from $20.6M in 1995 to $53.9M in 2022.

In 2020, Croatia exported services to Cyprus worth $9.48M, with Other business services ($3.77M), Construction services ($2.17M), and Insurance services ($2.17M) being the largest in terms of value.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $13.5M to Croatia. The main products exported from Cyprus to Croatia were Packaged Medicaments ($4.19M), Textile Footwear ($2.01M), and Potatoes ($778k). During the last 27 years the exports of Cyprus to Croatia have increased at an annualized rate of 8.6%, from $1.45M in 1995 to $13.5M in 2022.

In 2022, Croatia exported $53.9M to Cyprus. The main products exported from Croatia to Cyprus were Passenger and Cargo Ships ($38.8M), Barley ($1.33M), and Iron Structures ($1.16M). During the last 27 years the exports of Croatia to Cyprus have increased at an annualized rate of 3.63%, from $20.6M in 1995 to $53.9M in 2022.

Exports from Cyprus () to Croatia () (2022)

Exports from Croatia () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Croatia ()

Cyprus Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Croatia
Top DestinationItaly$3.44B

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

In 2021, countries that imported more from Cyprus than Croatia were Hong Kong ($482M), Lebanon ($329M), and Greece ($471M).

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

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

Comparative Advantage Cyprus - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Croatia in the exports of Chemical Products ($5.01M), Footwear and Headwear ($2.26M), and Machines ($1.26M).

During 2022, Croatia had a large net trade with Cyprus in the exports of Transportation ($38.8M), Textiles ($3.84M), and Machines ($3.05M).

Service Trade

Bilateral Service Trade

Hrv Year

Cyp Year

In 2018, Cyprus exported services to Croatia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

In 2020, Croatia exported services to Cyprus worth $9.48M, with Other business services ($3.77M), Construction services ($2.17M), and Insurance services ($2.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Croatia () (2018)

Services Exports from Croatia () to Cyprus () (2020)

Economic Complexity

Competitive Landscape

Year

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 Cyprus has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Cyprus.

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Croatia () (2022)

Exports from Croatia () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Croatia ()

Cyprus Exports

Croatia Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Croatia

Service Trade

Bilateral Service Trade

Services Exports from Cyprus () to Croatia () (2018)

Services Exports from Croatia () to Cyprus () (2020)

Economic Complexity

Competitive Landscape

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

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