Croatia (HRV) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Croatia-Brazil Trade: In 2022, Croatia exported $18.7M to Brazil. The main products that Croatia exported to Brazil were Gas Turbines ($4.48M), Rubberworking Machinery ($2.5M), and Packaged Medicaments ($1.97M). Over the past 5 years the exports of Croatia to Brazil have increased at an annualized rate of 1.46%, from $17.4M in 2017 to $18.7M in 2022.

In 2020, Croatia exported services to Brazil worth $5.14M, with Travel ($5.03M) and Computer and information services ($114k) being the largest in terms of value.

Brazil-Croatia Trade: In 2022, Brazil exported $103M to Croatia. The main products that Brazil exported to Croatia were Raw Sugar ($57.2M), Coffee ($21.1M), and Raw Tobacco ($8.07M). Over the past 5 years the exports of Brazil to Croatia have increased at an annualized rate of 3.57%, from $86.8M in 2017 to $103M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Croatia exported $18.7M to Brazil. The main products exported from Croatia to Brazil were Gas Turbines ($4.48M), Rubberworking Machinery ($2.5M), and Packaged Medicaments ($1.97M). During the last 5 years the exports of Croatia to Brazil have increased at an annualized rate of 1.46%, from $17.4M in 2017 to $18.7M in 2022.

In 2017, Brazil exported $103M to Croatia. The main products exported from Brazil to Croatia were Raw Sugar ($57.2M), Coffee ($21.1M), and Raw Tobacco ($8.07M). During the last 5 years the exports of Brazil to Croatia have increased at an annualized rate of 3.57%, from $86.8M in 2022 to $103M in 2017.

Exports from Croatia () to Brazil () (2022)

Exports from Brazil () to Croatia () (2022)

Latest Data

Trade between Croatia () and Brazil ()

Croatia Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Brazil
Top DestinationChina$90.1B

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

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

In 2022, countries that imported more from Brazil than Croatia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Croatia - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Brazil in the exports of Machines ($9.45M), Chemical Products ($3.81M), and Plastics and Rubbers ($1.81M).

During 2017, Brazil had a large net trade with Croatia in the exports of Foodstuffs ($66.2M), Vegetable Products ($21.4M), and Mineral Products ($9.27M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Brazil+$4.14MPackaged Medicaments

Top Product Potential Brazil Croatia+$6.57MIron Ore

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to Brazil () (2022)

Exports from Brazil () to Croatia () (2022)

Latest Data

Trade between Croatia () and Brazil ()

Croatia Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Croatia - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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