2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Croatia-Greece Trade: In 2022, Croatia exported $160M to Greece. The main products that Croatia exported to Greece were Passenger and Cargo Ships ($41.9M), Electrical Transformers ($10.4M), and Veneer Sheets ($6.93M). Over the past 5 years the exports of Croatia to Greece have increased at an annualized rate of 15.1%, from $79.4M in 2017 to $160M in 2022.

In 2020, Croatia exported services to Greece worth $9.25M, with Transportation ($4.57M), Other business services ($1.71M), and Computer and information services ($1.26M) being the largest in terms of value.

Greece-Croatia Trade: In 2022, Greece exported $331M to Croatia. The main products that Greece exported to Croatia were Refined Petroleum ($112M), Raw Aluminium ($34.4M), and Animal Food ($32.2M). Over the past 5 years the exports of Greece to Croatia have increased at an annualized rate of 21.4%,  from $103M in 2017 to $331M in 2022.

In 2020, Greece exported services to Croatia worth $35.6M, with Transportation ($20.3M), Computer and information services ($4.91M), and Other business services ($3.08M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $160M to Greece. The main products exported from Croatia to Greece were Passenger and Cargo Ships ($41.9M), Electrical Transformers ($10.4M), and Veneer Sheets ($6.93M). During the last 5 years the exports of Croatia to Greece have increased at an annualized rate of 15.1%, from $79.4M in 2017 to $160M in 2022.

In 2017, Greece exported $331M to Croatia. The main products exported from Greece to Croatia were Refined Petroleum ($112M), Raw Aluminium ($34.4M), and Animal Food ($32.2M). During the last 5 years the exports of Greece to Croatia have increased at an annualized rate of 21.4%, from $103M in 2022 to $331M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Greece (Flag)

Croatia Exports

Greece Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Greece
Top Destination
Italy$5.82B

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

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

In 2022, countries that imported more from Greece than Croatia included Bulgaria ($3.62B), Cyprus ($2.92B), and Italy ($5.82B).

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

Comparative Advantage Croatia - Greece

Flow
Scale

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

During 2022, Croatia had a large net trade with Greece in the exports of Transportation ($45.2M), Machines ($24.1M), and Textiles ($19.2M).

During 2017, Greece had a large net trade with Croatia in the exports of Mineral Products ($117M), Metals ($52.2M), and Foodstuffs ($40.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Greece+$5.49MPetroleum Gas
Top Product Potential Greece Croatia+$31.2MRefined Petroleum

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 Greece worth $9.25M, with Transportation ($4.57M), Other business services ($1.71M), and Computer and information services ($1.26M) being the largest in terms of value.

In 2020, Greece exported services to Croatia worth $35.6M, with Transportation ($20.3M), Computer and information services ($4.91M), and Other business services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Greece (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 Greece. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Croatia.

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

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