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2022
Flag → Flag
Exports $249MRnk 58 / 217
2022
Flag → Flag
Top Product $38.5MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $229MRnk 21 / 182
2022
Flag → Flag
Top Product $52.1MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Sweden-Croatia Trade: In 2022, Sweden exported $249M to Croatia. The main products that Sweden exported to Croatia were Vaccines, blood, antisera, toxins and cultures ($38.5M), Tractors ($17.8M), and Broadcasting Equipment ($11.6M). Over the past 5 years the exports of Sweden to Croatia have increased at an annualized rate of 14.1%, from $129M in 2017 to $249M in 2022.

In 2020, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

Croatia-Sweden Trade: In 2022, Croatia exported $229M to Sweden. The main products that Croatia exported to Sweden were Vaccines, blood, antisera, toxins and cultures ($52.1M), Electrical Transformers ($35M), and Refrigerators ($7.71M). Over the past 5 years the exports of Croatia to Sweden have increased at an annualized rate of 10.9%,  from $136M in 2017 to $229M in 2022.

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Latest Trends

August, 2024

About

Overview In August 2024, Sweden exported SEK138M and imported SEK202M from Croatia, resulting in a negative trade balance of SEK63.5M. Between August 2023 and August 2024 the exports of Sweden have increased by SEK36.1M (35.3%) from SEK102M to SEK138M, while imports increased by SEK106M (110%) from SEK96.1M to SEK202M.

Trade In August 2024, the top exports of Sweden to Croatia were Telephones (SEK25.7M), Vaccines, blood, antisera, toxins and cultures (SEK23.1M), Plywood (SEK10.7M), Cars (SEK8.52M), and Large Flat-Rolled Stainless Steel (SEK6.04M). In August 2024 the top imports of Sweden from Croatia were Vaccines, blood, antisera, toxins and cultures (SEK33M), Electrical Transformers (SEK18.7M), Packaged Medicaments (SEK8.05M), Veneer Sheets (SEK7.55M), and Pasta (SEK6.22M).

Growth In August 2024, the increase in Sweden's year-by-year exports to Croatia was explained primarily by an increase in product exports in Telephones (SEK5.67M or 28.4%), Soil Preparation Machinery (SEK3.67M or 393%), and Flat Flat-Rolled Steel (SEK2.93M or 310%). In August 2024, the increase in Sweden's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Packaged Medicaments (SEK7.87M or 4.32k%), Pasta (SEK5.9M or 1.84k%), and Baked Goods (SEK4.08M or 442%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)SEK36.1M(35.3%)
IMPORT GROWTH (August 2023 - August 2024)SEK106M(110%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Croatia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $249M to Croatia. The main products exported from Sweden to Croatia were Vaccines, blood, antisera, toxins and cultures ($38.5M), Tractors ($17.8M), and Broadcasting Equipment ($11.6M). During the last 5 years the exports of Sweden to Croatia have increased at an annualized rate of 14.1%, from $129M in 2017 to $249M in 2022.

In 2017, Croatia exported $229M to Sweden. The main products exported from Croatia to Sweden were Vaccines, blood, antisera, toxins and cultures ($52.1M), Electrical Transformers ($35M), and Refrigerators ($7.71M). During the last 5 years the exports of Croatia to Sweden have increased at an annualized rate of 10.9%, from $136M in 2022 to $229M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Sweden than Croatia included Norway ($18.7B), United States ($17.8B), and Germany ($19.2B).

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

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

Comparative Advantage Sweden - Croatia

Flow
Scale

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

During 2022, Sweden had a large net trade with Croatia in the exports of Machines ($77.9M), Chemical Products ($54.9M), and Transportation ($36.6M).

During 2017, Croatia had a large net trade with Sweden in the exports of Machines ($63M), Chemical Products ($57.8M), and Wood Products ($23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Croatia+$9.89MCars
Top Product Potential Croatia Sweden+$7.27MPackaged Medicaments

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, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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