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2023
Flag → Flag
Exports $31.2MRnk 54 / 191
2023
Flag → Flag
Top Product $13MSawn Wood
2023
Flag → Flag
Exports $72.6MRnk 88 / 142
2023
Flag → Flag
Top Product $17.9MKnit Active Wear
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Croatia-Vietnam Trade: In 2023, Croatia exported $31.2M to Vietnam. The main products that Croatia exported to Vietnam were Sawn Wood ($13M), Electric Motor Parts ($2.73M), and Liquid Pumps ($2.53M). Over the past 5 years the exports of Croatia to Vietnam have decreased at an annualized rate of 3.69%, from $37.7M in 2018 to $31.2M in 2023.

In 2023, Croatia did not export any services to Vietnam.

Vietnam-Croatia Trade: In 2023, Vietnam exported $72.6M to Croatia. The main products that Vietnam exported to Croatia were Knit Active Wear ($17.9M), Other Women's Undergarments ($16.5M), and Textile Footwear ($4.55M). Over the past 5 years the exports of Vietnam to Croatia have increased at an annualized rate of 12.4%,  from $40.5M in 2018 to $72.6M in 2023.

In 2023, Vietnam did not export any services to Croatia.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $31.2M to Vietnam. The main products exported from Croatia to Vietnam were Sawn Wood ($13M), Electric Motor Parts ($2.73M), and Liquid Pumps ($2.53M). During the last 5 years the exports of Croatia to Vietnam have decreased at an annualized rate of 3.69%, from $37.7M in 2018 to $31.2M in 2023.

In 2018, Vietnam exported $72.6M to Croatia. The main products exported from Vietnam to Croatia were Knit Active Wear ($17.9M), Other Women's Undergarments ($16.5M), and Textile Footwear ($4.55M). During the last 5 years the exports of Vietnam to Croatia have increased at an annualized rate of 12.4%, from $40.5M in 2023 to $72.6M in 2018.

Exports from Croatia (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Vietnam (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Croatia than Vietnam included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Serbia ($1.15B).

In 2023, countries that imported more from Vietnam than Croatia included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Vietnam

Flow
Scale

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

During 2023, Croatia had a large net trade with Vietnam in the exports of Wood Products ($13.6M), Machines ($9.13M), and Foodstuffs ($4.74M).

During 2018, Vietnam had a large net trade with Croatia in the exports of Textiles ($42.4M), Footwear and Headwear ($5.62M), and Metals ($5.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Vietnam+$2.75MSawn Wood
Top Product Potential Vietnam Croatia+$3.82MSeats

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

Product Space of Croatia (Flag) and Vietnam (Flag) (2023)

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