Flag Croatia / Sweden Flag

Exports Flag → Flag  (2018): $128M, Rnk 26 / 184

Top Product Flag → Flag (2018): $28.3M, Electrical Transformers

Exports Flag → Flag (2018): $143M, Rnk 68 / 211

Top Product Flag → Flag (2018): $7.86M, Broadcasting Equipment

Economic Complexity of Flag (2018): ECI 0.74, Rnk 37 / 137

Economic Complexity of Flag (2018): ECI 1.66, Rnk 7 / 137

GDP Flag (2018): $61B, CURRENT US$
Rnk 76 / 196

GDP GROWTH Flag (2008-2018): -13.3%, CURRENT US$
Rnk 188 / 196

GDP Flag (2018): $556B, CURRENT US$
Rnk 22 / 196

GDP GROWTH Flag (2008-2018): 7.89%, CURRENT US$
Rnk 149 / 196

GDP PC Flag (2018): $14,910, CURRENT US$
Rnk 63 / 196

GDP PC GROWTH Flag (2008-2018): -8.58%, CURRENT US$
Rnk 166 / 196

GDP PC Flag (2018): $54,608, CURRENT US$
Rnk 13 / 196

GDP PC GROWTH Flag (2008-2018): -2.32%, CURRENT US$
Rnk 155 / 196

Croatia-Sweden: In 2018, Croatia exported $128M to Sweden. The main products exported from Croatia to Sweden were Electrical Transformers ($28.3M), Blood, antisera, vaccines, toxins and cultures ($9.33M), and Cement ($6.85M). During the last 23 years the exports of Croatia to Sweden have increased at an annualized rate of 9.21%, from $16.9M in 1995 to $128M in 2018. In 2016, Croatia exported services to Sweden worth $347M, with Travel ($244M), Computer and information services ($79.5M), and Transportation ($10.8M) being the largest in terms of value.

Sweden-Croatia: In 2018, Sweden exported $143M to Croatia. The main products exported from Sweden to Croatia were Broadcasting Equipment ($7.86M), Tractors ($6.32M), and Delivery Trucks ($5.54M). During the last 23 years the exports of Sweden to Croatia have decreased at an annualized rate of 0.25%, from $151M in 1995 to $143M in 2018. In 2016, Sweden exported services to Croatia worth $50.2M, with Communications services ($14.1M), Computer and information services ($14.1M), and Other business services ($9.18M) being the largest in terms of value.

Comparison: In 2018, Croatia ranked 37 in the Economic Complexity Index (ECI 0.74), and 76 in total exports ($17.8B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.66), and 32 in total exports ($162B). In terms of GDP Per Capita, Croatia was ranked 63 with a GDP Per Capita of $14,910, and Sweden was ranked 13 with a GDP Per Capita of $54,608.

Bilateral Trade by Products

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Depth
Value

In 2018, Croatia exported $128M to Sweden. The main products exported from Croatia to Sweden were Electrical Transformers ($28.3M), Blood, antisera, vaccines, toxins and cultures ($9.33M), and Cement ($6.85M). During the last 23 years the exports of Croatia to Sweden have increased at an annualized rate of 9.21%, from $16.9M in 1995 to $128M in 2018.

In 2018, Sweden exported $143M to Croatia. The main products exported from Sweden to Croatia were Broadcasting Equipment ($7.86M), Tractors ($6.32M), and Delivery Trucks ($5.54M). During the last 23 years the exports of Sweden to Croatia have decreased at an annualized rate of 0.25%, from $151M in 1995 to $143M in 2018.

Market Competitiveness

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Measure

Croatia
Top Destination
: Italy, $2.48B

Sweden
Top Destination
: Germany, $17.4B

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

In 2018, countries that imported more from Croatia than Sweden were Slovenia ($1.89B), Bosnia and Herzegovina ($1.54B), and Serbia ($783M).

In 2018, countries that imported more from Sweden than Croatia were Norway ($15.2B), Germany ($17.4B), and Denmark ($11.2B).

Comparative Advantage Croatia - Sweden

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Depth

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

During 2018, Croatia had a large net trade with Sweden in the exports of Machines ($52.8M), Foodstuffs ($13.3M), and Chemical Products ($11.8M).

During 2018, Sweden had a large net trade with Croatia in the exports of Machines ($54.5M), Transportation ($20M), and Paper Goods ($11.1M).

Trade Forecasts

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This section shows a forecast for total trade between Croatia and Sweden. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Croatia exported services to Sweden worth $347M, with Travel ($244M), Computer and information services ($79.5M), and Transportation ($10.8M) being the largest in terms of value.

In 2016, Sweden exported services to Croatia worth $50.2M, with Communications services ($14.1M), Computer and information services ($14.1M), and Other business services ($9.18M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Croatia has comparative advantage over Sweden. Similarly, the more red a dot/product is, the more Sweden has comparative advantage over Croatia.