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2022
Flag → Flag
Exports $3.44BRnk 1 / 182
2022
Flag → Flag
Top Product $243MCorn
2022
Flag → Flag
Exports $5.92BRnk 26 / 221
2022
Flag → Flag
Top Product $1.61BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Croatia-Italy Trade: In 2022, Croatia exported $3.44B to Italy. The main products that Croatia exported to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). Over the past 5 years the exports of Croatia to Italy have increased at an annualized rate of 10.6%, from $2.08B in 2017 to $3.44B in 2022.

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

Italy-Croatia Trade: In 2022, Italy exported $5.92B to Croatia. The main products that Italy exported to Croatia were Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). Over the past 5 years the exports of Italy to Croatia have increased at an annualized rate of 12.1%,  from $3.34B in 2017 to $5.92B in 2022.

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $3.44B to Italy. The main products exported from Croatia to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). During the last 5 years the exports of Croatia to Italy have increased at an annualized rate of 10.6%, from $2.08B in 2017 to $3.44B in 2022.

In 2017, Italy exported $5.92B to Croatia. The main products exported from Italy to Croatia were Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). During the last 5 years the exports of Italy to Croatia have increased at an annualized rate of 12.1%, from $3.34B in 2022 to $5.92B in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Italy (Flag)

Croatia Exports

Italy Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Croatia than Italy included Bosnia and Herzegovina ($2.45B).

In 2022, countries that imported more from Italy than Croatia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Croatia - Italy

Flow
Scale

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

During 2022, Croatia had a large net trade with Italy in the exports of Vegetable Products ($487M), Machines ($437M), and Wood Products ($414M).

During 2017, Italy had a large net trade with Croatia in the exports of Mineral Products ($1.69B), Metals ($854M), and Machines ($768M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Italy+$49.2MPetroleum Gas
Top Product Potential Italy Croatia+$37.3MPackaged 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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Bilateral Service Trade

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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