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Pricing

2022
Flag → Flag
Exports $77.1MRnk 39 / 182
2022
Flag → Flag
Top Product $20.6MMachinery Having Individual Functions
2022
Flag → Flag
Exports $12.9MRnk 97 / 138
2022
Flag → Flag
Top Product $10.7MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Croatia-Saudi Arabia Trade: In 2022, Croatia exported $77.1M to Saudi Arabia. The main products that Croatia exported to Saudi Arabia were Machinery Having Individual Functions ($20.6M), Sawn Wood ($20.6M), and Prefabricated Buildings ($16.6M). Over the past 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 8.78%, from $122M in 2017 to $77.1M in 2022.

In 2022, Croatia did not export any services to Saudi Arabia.

Saudi Arabia-Croatia Trade: In 2022, Saudi Arabia exported $12.9M to Croatia. The main products that Saudi Arabia exported to Croatia were Ethylene Polymers ($10.7M), Raw Plastic Sheeting ($1.21M), and Raw Aluminium ($673k). Over the past 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 30.5%,  from $80M in 2017 to $12.9M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $77.1M to Saudi Arabia. The main products exported from Croatia to Saudi Arabia were Machinery Having Individual Functions ($20.6M), Sawn Wood ($20.6M), and Prefabricated Buildings ($16.6M). During the last 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 8.78%, from $122M in 2017 to $77.1M in 2022.

In 2017, Saudi Arabia exported $12.9M to Croatia. The main products exported from Saudi Arabia to Croatia were Ethylene Polymers ($10.7M), Raw Plastic Sheeting ($1.21M), and Raw Aluminium ($673k). During the last 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 30.5%, from $80M in 2022 to $12.9M in 2017.

Exports from Croatia (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Croatia (Flag) (2022)

Latest Data

Trade between Croatia (Flag) and Saudi Arabia (Flag)

Croatia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Saudi Arabia
Top DestinationChina$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Croatia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Croatia (Flag) (2022)

Comparative Advantage Croatia - Saudi Arabia

Flow
Scale

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

During 2022, Croatia had a large net trade with Saudi Arabia in the exports of Machines ($22.7M), Wood Products ($20.6M), and Miscellaneous ($17.6M).

During 2017, Saudi Arabia had a large net trade with Croatia in the exports of Plastics and Rubbers ($12.1M), Metals ($673k), and Textiles ($110k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Saudi Arabia+$2.65MSawn Wood
Top Product Potential Saudi Arabia Croatia+$5.71MEthylene Polymers

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

Product Space of Croatia (Flag) and Saudi Arabia (Flag) (2022)

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