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2023
Flag → Flag
Exports $7.84MRnk 79 / 191
2023
Flag → Flag
Top Product $5.73MOther Measuring Instruments
2023
Flag → Flag
Exports $62.2MRnk 55 / 138
2023
Flag → Flag
Top Product $9.87MNon-Knit Women's Suits
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Croatia-Bangladesh Trade: In 2023, Croatia exported $7.84M to Bangladesh. The main products that Croatia exported to Bangladesh were Other Measuring Instruments ($5.73M), Electrical Control Boards ($1.29M), and Antibiotics ($272k). Over the past 5 years the exports of Croatia to Bangladesh have increased at an annualized rate of 46.2%, from $1.17M in 2018 to $7.84M in 2023.

In 2023, Croatia did not export any services to Bangladesh.

Bangladesh-Croatia Trade: In 2023, Bangladesh exported $62.2M to Croatia. The main products that Bangladesh exported to Croatia were Non-Knit Women's Suits ($9.87M), Knit Women's Undergarments ($9.21M), and Knit Sweaters ($6.96M). Over the past 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 20.7%,  from $16.7M in 2018 to $62.2M in 2023.

In 2023, Bangladesh did not export any services to Croatia.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $7.84M to Bangladesh. The main products exported from Croatia to Bangladesh were Other Measuring Instruments ($5.73M), Electrical Control Boards ($1.29M), and Antibiotics ($272k). During the last 5 years the exports of Croatia to Bangladesh have increased at an annualized rate of 46.2%, from $1.17M in 2018 to $7.84M in 2023.

In 2018, Bangladesh exported $62.2M to Croatia. The main products exported from Bangladesh to Croatia were Non-Knit Women's Suits ($9.87M), Knit Women's Undergarments ($9.21M), and Knit Sweaters ($6.96M). During the last 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 20.7%, from $16.7M in 2023 to $62.2M in 2018.

Exports from Croatia (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Bangladesh (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Croatia than Bangladesh included Slovenia ($2.45B), Italy ($3.05B), and Bosnia and Herzegovina ($1.3B).

In 2023, countries that imported more from Bangladesh than Croatia included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

Difference in imports from Bangladesh (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Bangladesh

Flow
Scale

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

During 2023, Croatia had a large net trade with Bangladesh in the exports of Instruments ($5.74M), Machines ($1.49M), and Chemical Products ($588k).

During 2018, Bangladesh had a large net trade with Croatia in the exports of Textiles ($61.4M), Foodstuffs ($490k), and Footwear and Headwear ($210k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Bangladesh+$482kAntibiotics
Top Product Potential Bangladesh Croatia+$6.65MKnit Sweaters

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

Product Space of Croatia (Flag) and Bangladesh (Flag) (2023)

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