2021
Flag  
GDP
$2.11TCURRENT US$
Rnk 8 / 204
2011-2021
Flag
GDP GROWTH
-7.87%CURRENT US$
Rnk 181 / 204
2021
Flag
 GDP
$68.8BCURRENT US$
Rnk 77 / 204
2011-2021
Flag
GDP GROWTH
9.97%CURRENT US$
Rnk 146 / 204
2021
Flag
GDP PC 
$35,770CURRENT US$
Rnk 37 / 204
2011-2021
Flag
GDP PC GROWTH
-7.45%CURRENT US$
Rnk 160 / 204
2021
Flag
GDP PC
$17,748CURRENT US$
Rnk 65 / 204
2011-2021
Flag
GDP PC GROWTH
21.4%CURRENT US$
Rnk 78 / 204

About

Italy-Croatia In 2021, Italy exported $4.34B to Croatia. The main products that Italy exported to Croatia are Refined Petroleum ($476M), Knit Socks and Hosiery ($92.1M), and Raw Iron Bars ($87.2M). During the last 26 years the exports of Italy to Croatia have increased at an annualized rate of 3.73%, from $1.68B in 1995 to $4.34B in 2021.

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) being the largest in terms of value.

Croatia-Italy In 2021, Croatia exported $2.82B to Italy. The main products that Croatia exported to Italy were Corn ($166M), Fuel Wood ($105M), and Wheat ($101M). During the last 26 years the exports of Croatia to Italy have increased at an annualized rate of 3.83%, from $1.06B in 1995 to $2.82B in 2021.

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

Comparison In 2021,  Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.81), and 72 in total exports ($22.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Italy exported $4.34B to Croatia. The main products exported from Italy to Croatia were Refined Petroleum ($476M), Knit Socks and Hosiery ($92.1M), and Raw Iron Bars ($87.2M). During the last 26 years the exports of Italy to Croatia have increased at an annualized rate of 3.73%, from $1.68B in 1995 to $4.34B in 2021.

In 2021, Croatia exported $2.82B to Italy. The main products exported from Croatia to Italy were Corn ($166M), Fuel Wood ($105M), and Wheat ($101M). During the last 26 years the exports of Croatia to Italy have increased at an annualized rate of 3.83%, from $1.06B in 1995 to $2.82B in 2021.

Exports from Italy (Flag) to Croatia (Flag) (2021)

Exports from Croatia (Flag) to Italy (Flag) (2021)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.4B
Croatia
Top Destination
Italy$2.82B

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

In 2021, countries that imported more from Italy than Croatia were Germany ($78.4B), France ($61.6B), and United States ($58.1B).

In 2021, countries that imported more from Croatia than Italy were Bosnia and Herzegovina ($1.83B) and Montenegro ($276M).

Difference in imports from Croatia (Flag) and Italy (Flag) (2021)

Comparative Advantage Italy - Croatia

Flow
Scale

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

During 2021, Italy had a large net trade with Croatia in the exports of Metals ($807M), Machines ($738M), and Mineral Products ($519M).

During 2021, Croatia had a large net trade with Italy in the exports of Textiles ($379M), Vegetable Products ($378M), and Machines ($328M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) being the largest in terms of value.

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Croatia (Flag) (2021)

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