2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Croatia-Norway Trade: In 2022, Croatia exported $101M to Norway. The main products that Croatia exported to Norway were Electrical Transformers ($42.3M), Other Sea Vessels ($8.72M), and Passenger and Cargo Ships ($5.59M). Over the past 5 years the exports of Croatia to Norway have increased at an annualized rate of 4.38%, from $81.4M in 2017 to $101M in 2022.

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Norway-Croatia Trade: In 2022, Norway exported $79.9M to Croatia. The main products that Norway exported to Croatia were Raw Aluminium ($43.1M), Dried/Salted/Smoked/Brined Fish ($5.77M), and Electrical Control Boards ($2.52M). Over the past 5 years the exports of Norway to Croatia have increased at an annualized rate of 11.6%,  from $33.2M in 2017 to $79.9M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $101M to Norway. The main products exported from Croatia to Norway were Electrical Transformers ($42.3M), Other Sea Vessels ($8.72M), and Passenger and Cargo Ships ($5.59M). During the last 5 years the exports of Croatia to Norway have increased at an annualized rate of 4.38%, from $81.4M in 2017 to $101M in 2022.

In 2017, Norway exported $79.9M to Croatia. The main products exported from Norway to Croatia were Raw Aluminium ($43.1M), Dried/Salted/Smoked/Brined Fish ($5.77M), and Electrical Control Boards ($2.52M). During the last 5 years the exports of Norway to Croatia have increased at an annualized rate of 11.6%, from $33.2M in 2022 to $79.9M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Norway (Flag)

Croatia Exports

Norway Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Norway
Top Destination
Germany$78.1B

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

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

In 2022, countries that imported more from Norway than Croatia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Croatia - Norway

Flow
Scale

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

During 2022, Croatia had a large net trade with Norway in the exports of Machines ($52.7M), Transportation ($21.8M), and Metals ($6.89M).

During 2017, Norway had a large net trade with Croatia in the exports of Metals ($45.7M), Machines ($20.1M), and Animal Products ($7.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Norway+$2.28MRefined Petroleum
Top Product Potential Norway Croatia+$903kTelephones

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

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

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