Croatia / Iceland

Croatia-Iceland Trade: In 2023, Croatia exported $6.63M to Iceland. The main products that Croatia exported to Iceland were Electrical Transformers ($2.95M), Chocolate ($657k), and Iron Structures ($300k). Over the past 5 years the exports of Croatia to Iceland have increased at an annualized rate of 0.067%, from $6.61M in 2018 to $6.63M in 2023.

In 2020, Croatia exported services to Iceland worth $23.6M, with Other business services ($21.2M), Computer and information services ($1.71M), and Travel ($457k) being the largest in terms of value.

Iceland-Croatia Trade: In 2023, Iceland exported $897k to Croatia. The main products that Iceland exported to Croatia were Special Purpose Ships ($436k), Refined Petroleum ($337k), and Medical Instruments ($71.3k). Over the past 5 years the exports of Iceland to Croatia have increased at an annualized rate of 6.03%,  from $670k in 2018 to $897k in 2023.

In 2019, Iceland exported services to Croatia worth $2.13M, with Travel ($1.9M) and Transportation ($224k) being the largest in terms of value.

Comparison In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76),  and 75 in total exports ($22.5B). That same year, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.