Flag Croatia / Hungary Flag

2020
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Exports
: $1.26B, Rnk 5 / 185

2020
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Top Product
: $629M, Petroleum oils and oils obtained from bituminous minerals; crude

2020
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Exports
: $1.99B, Rnk 17 / 205

2020
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Top Product
: $210M, Electricity

2020
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Economic Complexity (ECI)
: ECI 0.73, Rnk 35 / 127

2020
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Economic Complexity (ECI)
: ECI 1.4, Rnk 14 / 127

2020
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GDP
: $57.2B, CURRENT US$
Rnk 81 / 195

2010-2020
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GDP GROWTH
: -5.33%, CURRENT US$
Rnk 168 / 195

2020
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 GDP
: $156B, CURRENT US$
Rnk 54 / 195

2010-2020
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GDP GROWTH
: 17.8%, CURRENT US$
Rnk 122 / 195

2020
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GDP PC 
: $14,134, CURRENT US$
Rnk 59 / 195

2010-2020
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GDP PC GROWTH
: 0.47%, CURRENT US$
Rnk 135 / 195

2020
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GDP PC
: $15,981, CURRENT US$
Rnk 52 / 195

2010-2020
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GDP PC GROWTH
: 20.9%, CURRENT US$
Rnk 86 / 195

Croatia-Hungary In 2020, Croatia exported $1.26B to Hungary. The main products that Croatia exported to Hungary are Petroleum oils and oils obtained from bituminous minerals; crude ($629M), Electricity ($88.1M), and Swine; live ($38.3M). During the last 25 years the exports of Croatia to Hungary have increased at an annualized rate of 12%, from $74.9M in 1995 to $1.26B in 2020.

In 2018, Croatia exported services to Hungary worth $522M, with Travel ($431M), Other business services ($42.9M), and Transportation ($28.9M) being the largest in terms of value.

Hungary-Croatia In 2020, Hungary exported $1.99B to Croatia . The main products that Hungary exported to Croatia were Electricity ($210M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($168M), and Petroleum gases and other gaseous hydrocarbons ($155M). During the last 25 years the exports of Hungary to Croatia have increased at an annualized rate of 10%, from $182M in 1995 to $1.99B in 2020.

In 2018, Hungary exported services to Croatia worth $154M, with Transportation ($64.5M), Other business services ($33.5M), and Travel ($25M) being the largest in terms of value.

Comparison In 2020,  Croatia ranked 35 in the Economic Complexity Index (ECI 0.73), and 72 in total exports ($17.7B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.4), and 34 in total exports ($118B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Croatia exported $1.26B to Hungary. The main products exported from Croatia to Hungary were Petroleum oils and oils obtained from bituminous minerals; crude ($629M), Electricity ($88.1M), and Swine; live ($38.3M). During the last 25 years the exports of Croatia to Hungary have increased at an annualized rate of 12%, from $74.9M in 1995 to $1.26B in 2020.

In 2020, Hungary exported $1.99B to Croatia. The main products exported from Hungary to Croatia were Electricity ($210M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($168M), and Petroleum gases and other gaseous hydrocarbons ($155M). During the last 25 years the exports of Hungary to Croatia have increased at an annualized rate of 10%, from $182M in 1995 to $1.99B in 2020.

Croatia Exports

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Hungary Exports

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Market Competitiveness

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Measure

Croatia
Top Destination
: Germany, $2.16B

Hungary
Top Destination
: Germany, $31.4B

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

In 2019, countries that imported more from Croatia than Hungary were Bosnia and Herzegovina ($1.34B), Slovenia ($1.73B), and Montenegro ($205M).

In 2019, countries that imported more from Hungary than Croatia were Germany ($31.4B), Romania ($6.28B), and Slovakia ($5.42B).

Comparative Advantage Croatia - Hungary

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Flow

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

During 2020, Croatia had a large net trade with Hungary in the exports of Mineral Products ($749M), Chemical Products ($95M), and Machines ($76.8M).

During 2020, Hungary had a large net trade with Croatia in the exports of Mineral Products ($492M), Chemical Products ($397M), and Machines ($247M).

Bilateral Service Trade

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In 2018, Croatia exported services to Hungary worth $522M, with Travel ($431M), Other business services ($42.9M), and Transportation ($28.9M) being the largest in terms of value.

In 2018, Hungary exported services to Croatia worth $154M, with Transportation ($64.5M), Other business services ($33.5M), and Travel ($25M) being the largest in terms of value.

Service trade data is presented based on availability.

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 Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Croatia.