Croatia (HRV) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Croatia-Spain Trade: In 2023, Croatia exported $333M to Spain. The main products that Croatia exported to Spain were Electrical Transformers ($25.6M), Processed Fish ($18.8M), and Unpackaged Medicaments ($17.3M). Over the past 5 years the exports of Croatia to Spain have increased at an annualized rate of 9.81%, from $209M in 2018 to $333M in 2023.

In 2020, Croatia exported services to Spain worth $38.8M, with Travel ($23.5M), Other business services ($4.11M), and Personal, cultural, and recreational services ($3.08M) being the largest in terms of value.

Spain-Croatia Trade: In 2023, Spain exported $1.07B to Croatia. The main products that Spain exported to Croatia were Cars ($135M), Pig Meat ($75.2M), and Coal Briquettes ($57.4M). Over the past 5 years the exports of Spain to Croatia have increased at an annualized rate of 11.5%, from $619M in 2018 to $1.07B in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Croatia exported $333M to Spain. The main products exported from Croatia to Spain were Electrical Transformers ($25.6M), Processed Fish ($18.8M), and Unpackaged Medicaments ($17.3M). During the last 5 years the exports of Croatia to Spain have increased at an annualized rate of 9.81%, from $209M in 2018 to $333M in 2023.

In 2018, Spain exported $1.07B to Croatia. The main products exported from Spain to Croatia were Cars ($135M), Pig Meat ($75.2M), and Coal Briquettes ($57.4M). During the last 5 years the exports of Spain to Croatia have increased at an annualized rate of 11.5%, from $619M in 2023 to $1.07B in 2018.

Exports from Croatia () to Spain () (2023)

Exports from Spain () to Croatia () (2023)

Latest Data

Trade between Croatia () and Spain ()

Croatia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Croatia than Spain included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Serbia ($1.15B).

In 2023, countries that imported more from Spain than Croatia included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

Difference in imports from Spain () and Croatia () (2023)

Comparative Advantage Croatia - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with Spain in the exports of Chemical Products ($77.5M), Machines ($51.1M), and Textiles ($36.9M).

During 2018, Spain had a large net trade with Croatia in the exports of Transportation ($191M), Animal Products ($166M), and Textiles ($148M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Spain+$26.1MRefined Petroleum

Top Product Potential Spain Croatia+$40.1MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Spain () (2023)

Exports from Spain () to Croatia () (2023)

Latest Data

Trade between Croatia () and Spain ()

Croatia Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Croatia () (2023)

Comparative Advantage Croatia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Croatia () and Spain () (2023)

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