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2022
Flag → Flag
Exports $190MRnk 22 / 182
2022
Flag → Flag
Top Product $94.6MPackaged Medicaments
2022
Flag → Flag
Exports $445MRnk 62 / 138
2022
Flag → Flag
Top Product $161MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Croatia-Russia Trade: In 2022, Croatia exported $190M to Russia. The main products that Croatia exported to Russia were Packaged Medicaments ($94.6M), Shaving Products ($20.3M), and Knit Socks and Hosiery ($13.3M). Over the past 5 years the exports of Croatia to Russia have decreased at an annualized rate of 5.32%, from $250M in 2017 to $190M in 2022.

In 2020, Croatia exported services to Russia worth $48.8M, with Travel ($26.8M), Personal, cultural, and recreational services ($11.7M), and Other business services ($5.25M) being the largest in terms of value.

Russia-Croatia Trade: In 2022, Russia exported $445M to Croatia. The main products that Russia exported to Croatia were Refined Petroleum ($161M), Coal Briquettes ($101M), and Raw Aluminium ($75.2M). Over the past 5 years the exports of Russia to Croatia have decreased at an annualized rate of 10.1%,  from $759M in 2017 to $445M in 2022.

In 2020, Russia exported services to Croatia worth $18.3M, with Other business services ($9.59M), Transportation ($2.8M), and Travel ($1.85M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $190M to Russia. The main products exported from Croatia to Russia were Packaged Medicaments ($94.6M), Shaving Products ($20.3M), and Knit Socks and Hosiery ($13.3M). During the last 5 years the exports of Croatia to Russia have decreased at an annualized rate of 5.32%, from $250M in 2017 to $190M in 2022.

In 2017, Russia exported $445M to Croatia. The main products exported from Russia to Croatia were Refined Petroleum ($161M), Coal Briquettes ($101M), and Raw Aluminium ($75.2M). During the last 5 years the exports of Russia to Croatia have decreased at an annualized rate of 10.1%, from $759M in 2022 to $445M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Russia (Flag)

Croatia Exports

Russia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Croatia than Russia included Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Austria ($1.39B).

In 2022, countries that imported more from Russia than Croatia included China ($101B), India ($40.4B), and Turkey ($25.3B).

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

Comparative Advantage Croatia - Russia

Flow
Scale

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

During 2022, Croatia had a large net trade with Russia in the exports of Chemical Products ($122M), Machines ($20.2M), and Textiles ($20.1M).

During 2017, Russia had a large net trade with Croatia in the exports of Mineral Products ($330M), Metals ($75.3M), and Chemical Products ($22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Russia+$27.2MPackaged Medicaments
Top Product Potential Russia Croatia+$93.7MRefined Petroleum

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 Russia worth $48.8M, with Travel ($26.8M), Personal, cultural, and recreational services ($11.7M), and Other business services ($5.25M) being the largest in terms of value.

In 2020, Russia exported services to Croatia worth $18.3M, with Other business services ($9.59M), Transportation ($2.8M), and Travel ($1.85M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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