2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Croatia-Argentina Trade: In 2022, Croatia exported $14.3M to Argentina. The main products that Croatia exported to Argentina were Gas Turbines ($7.16M), Electrical Transformers ($2.42M), and Aluminium Foil ($836k). Over the past 5 years the exports of Croatia to Argentina have increased at an annualized rate of 35.3%, from $3.16M in 2017 to $14.3M in 2022.

In 2020, Croatia exported services to Argentina worth $1.94M, with Construction services ($1.03M), Travel ($800k), and Personal, cultural, and recreational services ($114k) being the largest in terms of value.

Argentina-Croatia Trade: In 2022, Argentina exported $14.3M to Croatia. The main products that Argentina exported to Croatia were Fish Fillets ($5.9M), Ground Nuts ($4.98M), and Dried Legumes ($1.09M). Over the past 5 years the exports of Argentina to Croatia have decreased at an annualized rate of 25.4%,  from $62.1M in 2017 to $14.3M in 2022.

In 2022, Argentina did not export any services to Croatia.

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $14.3M to Argentina. The main products exported from Croatia to Argentina were Gas Turbines ($7.16M), Electrical Transformers ($2.42M), and Aluminium Foil ($836k). During the last 5 years the exports of Croatia to Argentina have increased at an annualized rate of 35.3%, from $3.16M in 2017 to $14.3M in 2022.

In 2017, Argentina exported $14.3M to Croatia. The main products exported from Argentina to Croatia were Fish Fillets ($5.9M), Ground Nuts ($4.98M), and Dried Legumes ($1.09M). During the last 5 years the exports of Argentina to Croatia have decreased at an annualized rate of 25.4%, from $62.1M in 2022 to $14.3M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Argentina (Flag)

Croatia Exports

Argentina Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Argentina
Top Destination
Brazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Croatia included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Croatia - Argentina

Flow
Scale

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

During 2022, Croatia had a large net trade with Argentina in the exports of Machines ($10.5M), Metals ($1.31M), and Plastics and Rubbers ($587k).

During 2017, Argentina had a large net trade with Croatia in the exports of Vegetable Products ($7.27M), Animal Products ($6.05M), and Foodstuffs ($513k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Argentina+$1.35MElectrical Transformers
Top Product Potential Argentina Croatia+$688kCorn

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 Croatia and Argentina. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Croatia.

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

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