2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Mexico-Croatia Trade: In 2022, Mexico exported $56.4M to Croatia. The main products that Mexico exported to Croatia were Passenger and Cargo Ships ($31.8M), Tanned Equine and Bovine Hides ($13.9M), and Beer ($2.93M). Over the past 5 years the exports of Mexico to Croatia have increased at an annualized rate of 52.8%, from $6.77M in 2017 to $56.4M in 2022.

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

Croatia-Mexico Trade: In 2022, Croatia exported $19.5M to Mexico. The main products that Croatia exported to Mexico were Electrical Resistors ($5.58M), Rubberworking Machinery ($3.12M), and Excavation Machinery ($1.71M). Over the past 5 years the exports of Croatia to Mexico have decreased at an annualized rate of 2.48%,  from $22.1M in 2017 to $19.5M in 2022.

In 2020, Croatia exported services to Mexico worth $1.37M, with Travel ($800k), Other business services ($457k), and Computer and information services ($114k) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $56.4M to Croatia. The main products exported from Mexico to Croatia were Passenger and Cargo Ships ($31.8M), Tanned Equine and Bovine Hides ($13.9M), and Beer ($2.93M). During the last 5 years the exports of Mexico to Croatia have increased at an annualized rate of 52.8%, from $6.77M in 2017 to $56.4M in 2022.

In 2017, Croatia exported $19.5M to Mexico. The main products exported from Croatia to Mexico were Electrical Resistors ($5.58M), Rubberworking Machinery ($3.12M), and Excavation Machinery ($1.71M). During the last 5 years the exports of Croatia to Mexico have decreased at an annualized rate of 2.48%, from $22.1M in 2022 to $19.5M in 2017.

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

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

Latest Data

Trade between Mexico (Flag) and Croatia (Flag)

Mexico Exports

Croatia Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Croatia
Top Destination
Italy$3.44B

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

In 2022, countries that imported more from Mexico than Croatia included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

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

Comparative Advantage Mexico - Croatia

Flow
Scale

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

During 2022, Mexico had a large net trade with Croatia in the exports of Transportation ($31.8M), Animal Hides ($13.9M), and Foodstuffs ($3.59M).

During 2017, Croatia had a large net trade with Mexico in the exports of Machines ($12.9M), Animal Hides ($1.51M), and Mineral Products ($1.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Croatia+$3.82MComputers
Top Product Potential Croatia Mexico+$3.85MMotor vehicles; parts and accessories (8701 to 8705)

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 Mexico worth $1.37M, with Travel ($800k), Other business services ($457k), and Computer and information services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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