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2022
Flag → Flag
Exports $420kRnk 131 / 182
2022
Flag → Flag
Top Product $403kMalt Extract
2022
Flag → Flag
Exports $246kRnk 36 / 95
2022
Flag → Flag
Top Product $246kEssential Oils
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Croatia-Somalia Trade: In 2022, Croatia exported $420k to Somalia. The main products that Croatia exported to Somalia were Malt Extract ($403k) and Prefabricated Buildings ($16.9k). Over the past 5 years the exports of Croatia to Somalia have increased at an annualized rate of 9.04%, from $272k in 2017 to $420k in 2022.

In 2022, Croatia did not export any services to Somalia.

Somalia-Croatia Trade: In 2022, Somalia exported $246k to Croatia. The main products that Somalia exported to Croatia were Essential Oils ($246k). Over the past 5 years the exports of Somalia to Croatia have increased at an annualized rate of 239%,  from $553 in 2017 to $246k in 2022.

In 2022, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $420k to Somalia. The main products exported from Croatia to Somalia were Malt Extract ($403k) and Prefabricated Buildings ($16.9k). During the last 5 years the exports of Croatia to Somalia have increased at an annualized rate of 9.04%, from $272k in 2017 to $420k in 2022.

In 2017, Somalia exported $246k to Croatia. The main products exported from Somalia to Croatia were Essential Oils ($246k). During the last 5 years the exports of Somalia to Croatia have increased at an annualized rate of 239%, from $553 in 2022 to $246k in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Somalia (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Croatia than Somalia included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

In 2022, countries that imported more from Somalia than Croatia included United Arab Emirates ($283M), Oman ($173M), and Bahrain ($9M).

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

Comparative Advantage Croatia - Somalia

Flow
Scale

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

During 2022, Croatia had a large net trade with Somalia in the exports of Foodstuffs ($403k) and Miscellaneous ($16.9k).

During 2017, Somalia had a large net trade with Croatia in the exports of Chemical Products ($246k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Somalia+$25.6kPrefabricated Buildings
Top Product Potential Somalia Croatia+$3.18kGold

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

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

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