2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
Flag
 GDP
$71BCURRENT US$
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2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC
$18,413CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Italy-Croatia In 2022, Italy exported $5.92B to Croatia. The main products that Italy exported to Croatia are Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). During the last 27 years the exports of Italy to Croatia have increased at an annualized rate of 4.8%, from $1.67B in 1995 to $5.92B in 2022.

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 2022, Croatia exported $3.44B to Italy. The main products that Croatia exported to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). During the last 27 years the exports of Croatia to Italy have increased at an annualized rate of 4.47%, from $1.06B in 1995 to $3.44B in 2022.

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 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $5.92B to Croatia. The main products exported from Italy to Croatia were Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). During the last 4 years the exports of Italy to Croatia have increased at an annualized rate of 39,6%, from $3.79k in 2016 to $5.92B in 2022.

In 2022, Croatia exported $3.44B to Italy. The main products exported from Croatia to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). During the last 10 years the exports of Croatia to Italy have increased at an annualized rate of 62,6%, from $103k in 2012 to $3.44B in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Croatia
Top Destination
Italy$3.44B

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 ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Croatia than Italy were Bosnia and Herzegovina ($2.45B).

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

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 2022, Italy had a large net trade with Croatia in the exports of Mineral Products ($1.69B), Metals ($854M), and Machines ($768M).

During 2022, Croatia had a large net trade with Italy in the exports of Vegetable Products ($487M), Machines ($437M), and Wood Products ($414M).

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) (2022)

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