2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Croatia-India Trade: In 2022, Croatia exported $64.8M to India. The main products that Croatia exported to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). Over the past 5 years the exports of Croatia to India have increased at an annualized rate of 10.4%, from $39.6M in 2017 to $64.8M in 2022.

In 2020, Croatia exported services to India worth $5.83M, with Travel ($3.08M), Royalties and license fees ($1.03M), and Other business services ($800k) being the largest in terms of value.

India-Croatia Trade: In 2022, India exported $307M to Croatia. The main products that India exported to Croatia were Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). Over the past 5 years the exports of India to Croatia have increased at an annualized rate of 12.8%,  from $168M in 2017 to $307M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $64.8M to India. The main products exported from Croatia to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). During the last 5 years the exports of Croatia to India have increased at an annualized rate of 10.4%, from $39.6M in 2017 to $64.8M in 2022.

In 2017, India exported $307M to Croatia. The main products exported from India to Croatia were Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). During the last 5 years the exports of India to Croatia have increased at an annualized rate of 12.8%, from $168M in 2022 to $307M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and India (Flag)

Croatia Exports

India Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
India
Top Destination
United States$82.9B

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

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

In 2022, countries that imported more from India than Croatia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Croatia - India

Flow
Scale

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

During 2022, Croatia had a large net trade with India in the exports of Machines ($18.1M), Transportation ($16.4M), and Chemical Products ($7.45M).

During 2017, India had a large net trade with Croatia in the exports of Metals ($86.6M), Mineral Products ($58.9M), and Chemical Products ($53.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia India+$7.12MElectrical Transformers
Top Product Potential India Croatia+$23.1MPackaged Medicaments

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

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

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

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