2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Nepal-Croatia Trade: In 2022, Nepal exported $179k to Croatia. The main products that Nepal exported to Croatia were Trunks and Cases ($69.8k), Non-Knit Women's Suits ($60.1k), and Uncoated Paper ($16.2k). Over the past 5 years the exports of Nepal to Croatia have decreased at an annualized rate of 1.38%, from $192k in 2017 to $179k in 2022.

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

Croatia-Nepal Trade: In 2022, Croatia exported $8.29k to Nepal. The main products that Croatia exported to Nepal were Leather Footwear ($4.37k), Electric Motors ($1.64k), and Iron Fasteners ($669). Over the past 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 40.1%,  from $108k in 2017 to $8.29k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $179k to Croatia. The main products exported from Nepal to Croatia were Trunks and Cases ($69.8k), Non-Knit Women's Suits ($60.1k), and Uncoated Paper ($16.2k). During the last 5 years the exports of Nepal to Croatia have decreased at an annualized rate of 1.38%, from $192k in 2017 to $179k in 2022.

In 2017, Croatia exported $8.29k to Nepal. The main products exported from Croatia to Nepal were Leather Footwear ($4.37k), Electric Motors ($1.64k), and Iron Fasteners ($669). During the last 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 40.1%, from $108k in 2022 to $8.29k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Croatia
Top Destination
Italy$3.44B

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

In 2022, countries that imported more from Nepal than Croatia included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

In 2022, countries that imported more from Croatia than Nepal included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Nepal - Croatia

Flow
Scale

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

During 2022, Nepal had a large net trade with Croatia in the exports of Textiles ($84.5k), Animal Hides ($70.9k), and Paper Goods ($16.9k).

During 2017, Croatia had a large net trade with Nepal in the exports of Footwear and Headwear ($4.48k), Machines ($2.87k), and Metals ($684).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Croatia+$121kNon-Knit Women's Suits
Top Product Potential Croatia Nepal+$14.3kLeather Footwear

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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Economic Complexity

Competitive Landscape

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

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

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