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Pricing

2022
Flag → Flag
Exports $5.46MRnk 84 / 182
2022
Flag → Flag
Top Product $1.93MElectrical Transformers
2022
Flag → Flag
Exports $2.45MRnk 121 / 205
2022
Flag → Flag
Top Product $523kProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Croatia-Philippines Trade: In 2022, Croatia exported $5.46M to Philippines. The main products that Croatia exported to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). Over the past 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 14%, from $11.6M in 2017 to $5.46M in 2022.

In 2020, Croatia exported services to Philippines worth $2.51M, with Computer and information services ($1.94M), Travel ($457k), and Other business services ($114k) being the largest in terms of value.

Philippines-Croatia Trade: In 2022, Philippines exported $2.45M to Croatia. The main products that Philippines exported to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). Over the past 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%,  from $4.05M in 2017 to $2.45M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $5.46M to Philippines. The main products exported from Croatia to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). During the last 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 14%, from $11.6M in 2017 to $5.46M in 2022.

In 2017, Philippines exported $2.45M to Croatia. The main products exported from Philippines to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). During the last 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%, from $4.05M in 2022 to $2.45M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Philippines (Flag)

Croatia Exports

Philippines Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Croatia than Philippines included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2022, countries that imported more from Philippines than Croatia included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

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

Comparative Advantage Croatia - Philippines

Flow
Scale

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

During 2022, Croatia had a large net trade with Philippines in the exports of Machines ($3.68M), Foodstuffs ($838k), and Plastics and Rubbers ($349k).

During 2017, Philippines had a large net trade with Croatia in the exports of Foodstuffs ($1.1M), Instruments ($455k), and Machines ($289k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Philippines+$2.37MElectrical Transformers
Top Product Potential Philippines Croatia+$503kIntegrated Circuits

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

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

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