Flag Croatia / Ecuador Flag

2021
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Exports
: $1.25M, Rnk 103 / 185

2021
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Top Product
: $463k, Other Sea Vessels

2021
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Exports
: $29.6M, Rnk 56 / 170

2021
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Top Product
: $26.2M, Bananas

2021
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Economic Complexity (ECI)
: ECI 0.81, Rnk 34 / 131

2021
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Economic Complexity (ECI)
: ECI -0.89, Rnk 104 / 131

2021
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GDP
: $67.8B, CURRENT US$
Rnk 73 / 182

2011-2021
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GDP GROWTH
: 7.39%, CURRENT US$
Rnk 137 / 182

2021
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 GDP
: $106B, CURRENT US$
Rnk 60 / 182

2011-2021
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GDP GROWTH
: 33.9%, CURRENT US$
Rnk 79 / 182

2021
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GDP PC 
: $17,399, CURRENT US$
Rnk 48 / 182

2011-2021
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GDP PC GROWTH
: 17.9%, CURRENT US$
Rnk 77 / 182

2021
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GDP PC
: $5,935, CURRENT US$
Rnk 92 / 182

2011-2021
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GDP PC GROWTH
: 14.1%, CURRENT US$
Rnk 90 / 182

Croatia-Ecuador In 2021, Croatia exported $1.25M to Ecuador. The main products that Croatia exported to Ecuador are Other Sea Vessels ($463k), Computers ($215k), and Malt Extract ($117k). During the last 26 years the exports of Croatia to Ecuador have decreased at an annualized rate of 7.49%, from $9.48M in 1995 to $1.25M in 2021.

In 2021, Croatia did not export any services to Ecuador.

Ecuador-Croatia In 2021, Ecuador exported $29.6M to Croatia. The main products that Ecuador exported to Croatia were Bananas ($26.2M), Cut Flowers ($2.09M), and Processed Fish ($904k). During the last 26 years the exports of Ecuador to Croatia have increased at an annualized rate of 1.59%, from $19.7M in 1995 to $29.6M in 2021.

In 2021, Ecuador did not export any services to Croatia.

Comparison In 2021,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.81), and 72 in total exports ($22.8B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.89), and 68 in total exports ($27.3B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Croatia exported $1.25M to Ecuador. The main products exported from Croatia to Ecuador were Other Sea Vessels ($463k), Computers ($215k), and Malt Extract ($117k). During the last 26 years the exports of Croatia to Ecuador have decreased at an annualized rate of 7.49%, from $9.48M in 1995 to $1.25M in 2021.

In 2021, Ecuador exported $29.6M to Croatia. The main products exported from Ecuador to Croatia were Bananas ($26.2M), Cut Flowers ($2.09M), and Processed Fish ($904k). During the last 26 years the exports of Ecuador to Croatia have increased at an annualized rate of 1.59%, from $19.7M in 1995 to $29.6M in 2021.

Croatia Exports

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Ecuador Exports

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Market Competitiveness

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Color

Croatia
Top Destination
: Italy, $2.82B

Ecuador
Top Destination
: United States, $6.5B

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

In 2021, countries that imported more from Croatia than Ecuador were Slovenia ($2.33B), Italy ($2.82B), and Germany ($2.63B).

In 2021, countries that imported more from Ecuador than Croatia were United States ($6.5B), Panama ($3.95B), and China ($4.03B).

Comparative Advantage Croatia - Ecuador

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Flow
Scale

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

During 2021, Croatia had a large net trade with Ecuador in the exports of Transportation ($466k), Machines ($448k), and Foodstuffs ($138k).

During 2021, Ecuador had a large net trade with Croatia in the exports of Vegetable Products ($28.3M), Foodstuffs ($904k), and Animal Products ($397k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Croatia has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Croatia.