2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 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
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Croatia-Austria Trade: In 2022, Croatia exported $1.39B to Austria. The main products that Croatia exported to Austria were Railway Freight Cars ($80.5M), Insulated Wire ($74.3M), and Electrical Resistors ($66.6M). Over the past 5 years the exports of Croatia to Austria have increased at an annualized rate of 6.31%, from $1.02B in 2017 to $1.39B in 2022.

In 2020, Croatia exported services to Austria worth $780M, with Travel ($642M), Other business services ($68.8M), and Computer and information services ($37.2M) being the largest in terms of value.

Austria-Croatia Trade: In 2022, Austria exported $2.14B to Croatia. The main products that Austria exported to Croatia were Gold ($109M), Tanned Equine and Bovine Hides ($92.3M), and Packaged Medicaments ($66.1M). Over the past 5 years the exports of Austria to Croatia have increased at an annualized rate of 4.37%,  from $1.72B in 2017 to $2.14B in 2022.

In 2020, Austria exported services to Croatia worth $355M, with Other business services ($91.4M), Travel ($70.8M), and Transportation ($65.1M) being the largest in terms of value.

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $1.39B to Austria. The main products exported from Croatia to Austria were Railway Freight Cars ($80.5M), Insulated Wire ($74.3M), and Electrical Resistors ($66.6M). During the last 5 years the exports of Croatia to Austria have increased at an annualized rate of 6.31%, from $1.02B in 2017 to $1.39B in 2022.

In 2017, Austria exported $2.14B to Croatia. The main products exported from Austria to Croatia were Gold ($109M), Tanned Equine and Bovine Hides ($92.3M), and Packaged Medicaments ($66.1M). During the last 5 years the exports of Austria to Croatia have increased at an annualized rate of 4.37%, from $1.72B in 2022 to $2.14B in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Austria (Flag)

Croatia Exports

Austria Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from Croatia than Austria included Bosnia and Herzegovina ($2.45B), Serbia ($1.55B), and Montenegro ($330M).

In 2022, countries that imported more from Austria than Croatia included Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

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

Comparative Advantage Croatia - Austria

Flow
Scale

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

During 2022, Croatia had a large net trade with Austria in the exports of Machines ($365M), Transportation ($162M), and Metals ($143M).

During 2017, Austria had a large net trade with Croatia in the exports of Machines ($424M), Chemical Products ($215M), and Metals ($213M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Austria+$12.3MRefined Petroleum
Top Product Potential Austria Croatia+$19.6MCars

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, Croatia exported services to Austria worth $780M, with Travel ($642M), Other business services ($68.8M), and Computer and information services ($37.2M) being the largest in terms of value.

In 2020, Austria exported services to Croatia worth $355M, with Other business services ($91.4M), Travel ($70.8M), and Transportation ($65.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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