2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 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

Saudi Arabia-Croatia Trade: In 2023, Saudi Arabia exported $9.47M to Croatia. The main products that Saudi Arabia exported to Croatia were Ethylene Polymers ($4.45M), Refined Petroleum ($2.17M), and Raw Sugar ($1.05M). Over the past 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 31.6%, from $63.1M in 2018 to $9.47M in 2023.

In 2023, Saudi Arabia did not export any services to Croatia.

Croatia-Saudi Arabia Trade: In 2023, Croatia exported $83.4M to Saudi Arabia. The main products that Croatia exported to Saudi Arabia were Sawn Wood ($16.7M), Machinery Having Individual Functions ($13.8M), and Animal Food ($11.7M). Over the past 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 3.45%,  from $123M in 2018 to $83.4M in 2023.

In 2023, Croatia did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $9.47M to Croatia. The main products exported from Saudi Arabia to Croatia were Ethylene Polymers ($4.45M), Refined Petroleum ($2.17M), and Raw Sugar ($1.05M). During the last 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 31.6%, from $63.1M in 2018 to $9.47M in 2023.

In 2018, Croatia exported $83.4M to Saudi Arabia. The main products exported from Croatia to Saudi Arabia were Sawn Wood ($16.7M), Machinery Having Individual Functions ($13.8M), and Animal Food ($11.7M). During the last 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 3.45%, from $123M in 2023 to $83.4M in 2018.

Exports from Saudi Arabia (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Croatia (Flag)

Saudi Arabia Exports

Croatia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Saudi Arabia than Croatia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Croatia than Saudi Arabia included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

Difference in imports from Croatia (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Croatia

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Croatia in the exports of Plastics and Rubbers ($5.89M), Mineral Products ($2.17M), and Foodstuffs ($1.06M).

During 2018, Croatia had a large net trade with Saudi Arabia in the exports of Machines ($26.4M), Wood Products ($17.5M), and Foodstuffs ($16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Croatia+$5.71MEthylene Polymers
Top Product Potential Croatia Saudi Arabia+N/AN/A

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

Product Space of Saudi Arabia (Flag) and Croatia (Flag) (2023)

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