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2022
Flag → Flag
Exports $307MRnk 105 / 217
2022
Flag → Flag
Top Product $67.3MRaw Aluminium
2022
Flag → Flag
Exports $64.8MRnk 42 / 182
2022
Flag → Flag
Top Product $12.4MScrap Vessels
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

India-Croatia Trade: In 2022, India exported $307M to Croatia. The main products that India exported to Croatia were Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). Over the past 5 years the exports of India to Croatia have increased at an annualized rate of 12.8%, from $168M in 2017 to $307M in 2022.

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

Croatia-India Trade: In 2022, Croatia exported $64.8M to India. The main products that Croatia exported to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). Over the past 5 years the exports of Croatia to India have increased at an annualized rate of 7.3%,  from $39.6M in 2017 to $64.8M in 2022.

In 2020, Croatia exported services to India worth $5.83M, with Travel ($3.08M), Royalties and license fees ($1.03M), and Other business services ($800k) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Latest Trends

June, 2024

About

Overview In June 2024, India exported $19.1M and imported $10.7M from Croatia, resulting in a positive trade balance of $8.34M. Between June 2023 and June 2024 the exports of India have increased by $3.2M (20.2%) from $15.9M to $19.1M, while imports increased by $4.92M (84.6%) from $5.81M to $10.7M.

Trade In June 2024, the top exports of India to Croatia were Rmg Cotton Incl Accessories ($1.62M), Residul Chemicl And Alled Prod ($1.2M), Bulk Drugs, Drug Intermediates ($1.09M), Ceramics And Allied Products ($939k), and Other Construction Machinery ($753k). In June 2024 the top imports of India from Croatia were Project Goods ($39.1M), Pulp And Waste Paper ($759k), Vegetable Oils ($658k), Residul Chemicl And Alled Prod ($468k), and Plywood And Allied Products ($362k).

Growth In June 2024, the increase in India's year-by-year exports to Croatia was explained primarily by an increase in product exports in Rmg Cotton Incl Accessories ($1.37M or 538%), Other Construction Machinery ($753k or 761k%), and Ceramics And Allied Products ($403k or 75.4%). In June 2024, the increase in India's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Residul Chemicl And Alled Prod ($456k or 4.04k%), Plywood And Allied Products ($214k or 145%), and Electronics Instruments ($141k or 23.4k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$3.2M(20.2%)
IMPORT GROWTH (June 2023 - June 2024)$4.92M(84.6%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Croatia and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $307M to Croatia. The main products exported from India to Croatia were Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). During the last 5 years the exports of India to Croatia have increased at an annualized rate of 12.8%, from $168M in 2017 to $307M in 2022.

In 2017, Croatia exported $64.8M to India. The main products exported from Croatia to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). During the last 5 years the exports of Croatia to India have increased at an annualized rate of 7.3%, from $39.6M in 2022 to $64.8M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from India than Croatia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Croatia

Flow
Scale

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

During 2022, India had a large net trade with Croatia in the exports of Metals ($86.6M), Mineral Products ($58.9M), and Chemical Products ($53.8M).

During 2017, Croatia had a large net trade with India in the exports of Machines ($18.1M), Transportation ($16.4M), and Chemical Products ($7.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Croatia+$23.1MPackaged Medicaments
Top Product Potential Croatia India+$7.12MElectrical Transformers

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 India worth $5.83M, with Travel ($3.08M), Royalties and license fees ($1.03M), and Other business services ($800k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Croatia. This means that a dot/product with the flag of India indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over India.

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

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