2023
Exports
$259MWorld Rnk 55 / 150
Flag Rnk 12 / 1203
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$1.15BWorld Rnk 51 / 159
Flag Rnk 4 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $259M in Crude Petroleum, making it the 55th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 12th most exported product in Croatia. The main destination of Crude Petroleum exports from Croatia are: Hungary ($259M), Netherlands ($10.6k), and Slovenia ($1.35k).

The fastest growing export markets for Crude Petroleum of Croatia between 2022 and 2023 were Netherlands ($7.68k) and Slovenia ($1.35k).

Imports In 2023, Croatia imported $1.15B in Crude Petroleum, becoming the 51st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most imported product in Croatia. Croatia imports Crude Petroleum primarily from: Azerbaijan ($753M), Norway ($180M), Republic of the Congo ($78.7M), United States ($73.6M), and Kazakhstan ($31.3M).

The fastest growing import markets in Crude Petroleum for Croatia between 2022 and 2023 were Norway ($180M), Republic of the Congo ($78.7M), and United States ($73.6M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$259M
IMPORTS (2023)$1.15B
NET TRADE (2023)-$887M

In 2023, Croatia exported $259M in Crude Petroleum. The main destinations of Croatia exports on Crude Petroleum were Hungary ($259M), Netherlands ($10.6k), and Slovenia ($1.35k).

In 2023, Croatia imported $1.15B in Crude Petroleum, mainly from Azerbaijan ($753M), Norway ($180M), Republic of the Congo ($78.7M), United States ($73.6M), and Kazakhstan ($31.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Netherlands$7.68k (262%)
Slovenia$1.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Croatia WERE (2022 - 2023):
Hungary-$73.9M (-22.2%)
Azerbaijan-$2.18k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Crude Petroleum were:
In 2023, Croatia's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $74.3k
TOP IMPORT POTENTIALKazakhstan+ $31.1M

Crude Petroleum’s highest export potential is Netherlands. With an export gap of $74.3k.   Crude Petroleum’s highest import potential is Kazakhstan with an import gap of $31.1M.

See methodology.

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