2023
Flag  
GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Marshall Islands-Croatia Trade: In 2023, Marshall Islands exported $1.5k to Croatia. The main products that Marshall Islands exported to Croatia were Locomotive Parts ($1.5k). Over the past 9 years the exports of Marshall Islands to Croatia have decreased at an annualized rate of 7.15%, from $2.93k in 2014 to $1.5k in 2023.

In 2023, Marshall Islands did not export any services to Croatia.

Croatia-Marshall Islands Trade: In 2023, Croatia exported $46M to Marshall Islands. The main products that Croatia exported to Marshall Islands were Recreational Boats ($46M), Liquid Pumps ($22.1k), and Light Fixtures ($808). Over the past 9 years the exports of Croatia to Marshall Islands have increased at an annualized rate of 211%,  from $159k in 2014 to $46M in 2023.

In 2023, Croatia did not export any services to Marshall Islands.

Comparison In 2023,  Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index. That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Marshall Islands exported $1.5k to Croatia. The main products exported from Marshall Islands to Croatia were Locomotive Parts ($1.5k). During the last 9 years the exports of Marshall Islands to Croatia have decreased at an annualized rate of 7.15%, from $2.93k in 2014 to $1.5k in 2023.

In 2018, Croatia exported $46M to Marshall Islands. The main products exported from Croatia to Marshall Islands were Recreational Boats ($46M), Liquid Pumps ($22.1k), and Light Fixtures ($808). During the last 5 years the exports of Croatia to Marshall Islands have increased at an annualized rate of 211%, from $159k in 2023 to $46M in 2018.

Exports from Marshall Islands (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Marshall Islands (Flag) (2023)

Latest Data

Trade between Marshall Islands (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
United Kingdom$150M
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Marshall Islands than Croatia included Ghana ($80.2M), Tanzania ($68.2M), and Indonesia ($70.7M).

In 2023, countries that imported more from Croatia than Marshall Islands included Italy ($3.05B), Germany ($2.58B), and Slovenia ($2.45B).

Difference in imports from Croatia (Flag) and Marshall Islands (Flag) (2023)

Comparative Advantage Marshall Islands - Croatia

Flow
Scale

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

During 2023, Marshall Islands had a large net trade with Croatia in the exports of Transportation ($1.5k).

During 2018, Croatia had a large net trade with Marshall Islands in the exports of Transportation ($46M), Machines ($22.1k), and Miscellaneous ($808).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Croatia (Flag) (2023)

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