2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 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
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Croatia-Malaysia Trade: In 2022, Croatia exported $13.8M to Malaysia. The main products that Croatia exported to Malaysia were Styrene Polymers ($3.48M), Seed Oils ($1.52M), and Animal Food ($1.32M). Over the past 5 years the exports of Croatia to Malaysia have decreased at an annualized rate of 4.2%, from $17.1M in 2017 to $13.8M in 2022.

In 2020, Croatia exported services to Malaysia worth $457k, with Computer and information services ($343k) and Other business services ($114k) being the largest in terms of value.

Malaysia-Croatia Trade: In 2022, Malaysia exported $40.8M to Croatia. The main products that Malaysia exported to Croatia were Stearic Acid ($11.5M), Palm Oil ($9.14M), and Industrial Fatty Acids, Oils and Alcohols ($6.98M). Over the past 5 years the exports of Malaysia to Croatia have increased at an annualized rate of 12.7%,  from $17.6M in 2017 to $40.8M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $13.8M to Malaysia. The main products exported from Croatia to Malaysia were Styrene Polymers ($3.48M), Seed Oils ($1.52M), and Animal Food ($1.32M). During the last 5 years the exports of Croatia to Malaysia have decreased at an annualized rate of 4.2%, from $17.1M in 2017 to $13.8M in 2022.

In 2017, Malaysia exported $40.8M to Croatia. The main products exported from Malaysia to Croatia were Stearic Acid ($11.5M), Palm Oil ($9.14M), and Industrial Fatty Acids, Oils and Alcohols ($6.98M). During the last 5 years the exports of Malaysia to Croatia have increased at an annualized rate of 12.7%, from $17.6M in 2022 to $40.8M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Malaysia (Flag)

Croatia Exports

Malaysia Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Malaysia
Top Destination
Singapore$53.8B

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

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

In 2022, countries that imported more from Malaysia than Croatia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Croatia - Malaysia

Flow
Scale

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

During 2022, Croatia had a large net trade with Malaysia in the exports of Plastics and Rubbers ($4.18M), Machines ($2.01M), and Animal and Vegetable Bi-Products ($1.58M).

During 2017, Malaysia had a large net trade with Croatia in the exports of Animal and Vegetable Bi-Products ($21.2M), Chemical Products ($8.92M), and Plastics and Rubbers ($5.54M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Malaysia+$971kVaccines, blood, antisera, toxins and cultures
Top Product Potential Malaysia Croatia+$2.88MPalm Oil

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

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

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