2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 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

Oman-Croatia Trade: In 2023, Oman exported $562M to Croatia. The main products that Oman exported to Croatia were Petroleum Gas ($559M), Raw Aluminium ($2.51M), and Propylene Polymers ($759k). Over the past 5 years the exports of Oman to Croatia have increased at an annualized rate of 331%, from $377k in 2018 to $562M in 2023.

In 2023, Oman did not export any services to Croatia.

Croatia-Oman Trade: In 2023, Croatia exported $16.5M to Oman. The main products that Croatia exported to Oman were Soybean Oil ($4.82M), Special purpose motor vehicles ($2.56M), and Industrial Food Preperation Machinery ($2.13M). Over the past 5 years the exports of Croatia to Oman have increased at an annualized rate of 25.3%,  from $5.34M in 2018 to $16.5M in 2023.

In 2023, Croatia did not export any services to Oman.

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). 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, Oman exported $562M to Croatia. The main products exported from Oman to Croatia were Petroleum Gas ($559M), Raw Aluminium ($2.51M), and Propylene Polymers ($759k). During the last 5 years the exports of Oman to Croatia have increased at an annualized rate of 331%, from $377k in 2018 to $562M in 2023.

In 2018, Croatia exported $16.5M to Oman. The main products exported from Croatia to Oman were Soybean Oil ($4.82M), Special purpose motor vehicles ($2.56M), and Industrial Food Preperation Machinery ($2.13M). During the last 5 years the exports of Croatia to Oman have increased at an annualized rate of 25.3%, from $5.34M in 2023 to $16.5M in 2018.

Exports from Oman (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and Croatia (Flag)

Oman Exports

Croatia Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Oman than Croatia included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Difference in imports from Croatia (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - Croatia

Flow
Scale

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

During 2023, Oman had a large net trade with Croatia in the exports of Mineral Products ($559M), Metals ($2.51M), and Plastics and Rubbers ($1.09M).

During 2018, Croatia had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($4.82M), Transportation ($2.91M), and Machines ($2.91M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Croatia+$2.28MNitrogenous Fertilizers
Top Product Potential Croatia Oman+$1.93MRefined Petroleum

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 Oman and Croatia. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Croatia (Flag) (2023)

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