2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Cyprus-Croatia Trade: In 2022, Cyprus exported $13.5M to Croatia. The main products that Cyprus exported to Croatia were Packaged Medicaments ($4.19M), Textile Footwear ($2.01M), and Potatoes ($778k). Over the past 5 years the exports of Cyprus to Croatia have increased at an annualized rate of 8.52%, from $8.94M in 2017 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 Trade: 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). Over the past 5 years the exports of Croatia to Cyprus have decreased at an annualized rate of 0.15%,  from $54.3M in 2017 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 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Cyprus to Croatia have increased at an annualized rate of 8.52%, from $8.94M in 2017 to $13.5M in 2022.

In 2017, 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 5 years the exports of Croatia to Cyprus have decreased at an annualized rate of 0.15%, from $54.3M in 2022 to $53.9M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Croatia (Flag)

Cyprus Exports

Croatia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Croatia
Top Destination
Italy$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 2022, countries that imported more from Cyprus than Croatia included Hong Kong ($482M), Lebanon ($329M), and Greece ($471M).

In 2022, countries that imported more from Croatia than Cyprus included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Cyprus - Croatia

Flow
Scale

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 2017, Croatia had a large net trade with Cyprus in the exports of Transportation ($38.8M), Textiles ($3.84M), and Machines ($3.05M).

Bilateral Service Trade

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 (Flag) to Croatia (Flag) (2018)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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