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2022
Flag → Flag
Exports $94.5MRnk 35 / 182
2022
Flag → Flag
Top Product $11.8MRough Wood
2022
Flag → Flag
Exports $93.4MRnk 56 / 208
2022
Flag → Flag
Top Product $18.8MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Croatia-Portugal Trade: In 2022, Croatia exported $94.5M to Portugal. The main products that Croatia exported to Portugal were Rough Wood ($11.8M), Knit Socks and Hosiery ($11.2M), and Other Iron Products ($10.6M). Over the past 5 years the exports of Croatia to Portugal have increased at an annualized rate of 5.14%, from $73.6M in 2017 to $94.5M in 2022.

In 2020, Croatia exported services to Portugal worth $7.65M, with Travel ($5.25M), Other business services ($914k), and Computer and information services ($800k) being the largest in terms of value.

Portugal-Croatia Trade: In 2022, Portugal exported $93.4M to Croatia. The main products that Portugal exported to Croatia were Planes, Helicopters, and/or Spacecraft ($18.8M), Cars ($11.9M), and Uncoated Paper ($7.74M). Over the past 5 years the exports of Portugal to Croatia have increased at an annualized rate of 3.49%,  from $41.1M in 2017 to $93.4M in 2022.

In 2020, Portugal exported services to Croatia worth $3.43M, with Travel ($3.43M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $94.5M to Portugal. The main products exported from Croatia to Portugal were Rough Wood ($11.8M), Knit Socks and Hosiery ($11.2M), and Other Iron Products ($10.6M). During the last 5 years the exports of Croatia to Portugal have increased at an annualized rate of 5.14%, from $73.6M in 2017 to $94.5M in 2022.

In 2017, Portugal exported $93.4M to Croatia. The main products exported from Portugal to Croatia were Planes, Helicopters, and/or Spacecraft ($18.8M), Cars ($11.9M), and Uncoated Paper ($7.74M). During the last 5 years the exports of Portugal to Croatia have increased at an annualized rate of 3.49%, from $41.1M in 2022 to $93.4M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Portugal (Flag)

Croatia Exports

Portugal Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Croatia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Croatia - Portugal

Flow
Scale

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

During 2022, Croatia had a large net trade with Portugal in the exports of Textiles ($27.9M), Wood Products ($13.8M), and Metals ($12.3M).

During 2017, Portugal had a large net trade with Croatia in the exports of Transportation ($34.8M), Paper Goods ($10.5M), and Plastics and Rubbers ($10.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Portugal+$3.52MPackaged Medicaments
Top Product Potential Portugal Croatia+$7.39MCars

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 Portugal worth $7.65M, with Travel ($5.25M), Other business services ($914k), and Computer and information services ($800k) being the largest in terms of value.

In 2020, Portugal exported services to Croatia worth $3.43M, with Travel ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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