2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Croatia-Mexico Trade: In 2022, Croatia exported $19.5M to Mexico. The main products that Croatia exported to Mexico were Electrical Resistors ($5.58M), Rubberworking Machinery ($3.12M), and Excavation Machinery ($1.71M). Over the past 5 years the exports of Croatia to Mexico have decreased at an annualized rate of 2.48%, from $22.1M in 2017 to $19.5M in 2022.

In 2020, Croatia exported services to Mexico worth $1.37M, with Travel ($800k), Other business services ($457k), and Computer and information services ($114k) being the largest in terms of value.

Mexico-Croatia Trade: In 2022, Mexico exported $56.4M to Croatia. The main products that Mexico exported to Croatia were Passenger and Cargo Ships ($31.8M), Tanned Equine and Bovine Hides ($13.9M), and Beer ($2.93M). Over the past 5 years the exports of Mexico to Croatia have increased at an annualized rate of 52.8%,  from $6.77M in 2017 to $56.4M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $19.5M to Mexico. The main products exported from Croatia to Mexico were Electrical Resistors ($5.58M), Rubberworking Machinery ($3.12M), and Excavation Machinery ($1.71M). During the last 5 years the exports of Croatia to Mexico have decreased at an annualized rate of 2.48%, from $22.1M in 2017 to $19.5M in 2022.

In 2017, Mexico exported $56.4M to Croatia. The main products exported from Mexico to Croatia were Passenger and Cargo Ships ($31.8M), Tanned Equine and Bovine Hides ($13.9M), and Beer ($2.93M). During the last 5 years the exports of Mexico to Croatia have increased at an annualized rate of 52.8%, from $6.77M in 2022 to $56.4M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Mexico (Flag)

Croatia Exports

Mexico Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Mexico
Top Destination
United States$421B

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

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

In 2022, countries that imported more from Mexico than Croatia included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Croatia - Mexico

Flow
Scale

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

During 2022, Croatia had a large net trade with Mexico in the exports of Machines ($12.9M), Animal Hides ($1.51M), and Mineral Products ($1.32M).

During 2017, Mexico had a large net trade with Croatia in the exports of Transportation ($31.8M), Animal Hides ($13.9M), and Foodstuffs ($3.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Mexico+$3.85MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Mexico Croatia+$3.82MComputers

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 Mexico. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Croatia.

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

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