2023
Exports
$446MWorld Rnk 48 / 223
Flag Rnk 7 / 1203
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$367MWorld Rnk 54 / 225
Flag Rnk 13 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $446M in Insulated Wire, making it the 48th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 7th most exported product in Croatia. The main destination of Insulated Wire exports from Croatia are: Germany ($166M), Austria ($112M), France ($44.3M), Slovenia ($17M), and Hungary ($12.7M).

The fastest growing export markets for Insulated Wire of Croatia between 2022 and 2023 were Austria ($43.3M), France ($6.23M), and North Macedonia ($4.68M).

Imports In 2023, Croatia imported $367M in Insulated Wire, becoming the 54th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 13th most imported product in Croatia. Croatia imports Insulated Wire primarily from: Bosnia and Herzegovina ($71.8M), Italy ($67.3M), Germany ($47.6M), Austria ($39.8M), and Poland ($22.1M).

The fastest growing import markets in Insulated Wire for Croatia between 2022 and 2023 were Bosnia and Herzegovina ($28M), Italy ($9.24M), and Germany ($7.99M).

Latest Trends

Dec 2024

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 Insulated Wire. 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)$446M
IMPORTS (2023)$367M
NET TRADE (2023)$79.4M

In 2023, Croatia exported $446M in Insulated Wire. The main destinations of Croatia exports on Insulated Wire were Germany ($166M), Austria ($112M), France ($44.3M), Slovenia ($17M), and Hungary ($12.7M).

In 2023, Croatia imported $367M in Insulated Wire, mainly from Bosnia and Herzegovina ($71.8M), Italy ($67.3M), Germany ($47.6M), Austria ($39.8M), and Poland ($22.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Austria$43.3M (63.3%)
France$6.23M (16.4%)
North Macedonia$4.68M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Croatia WERE (2022 - 2023):
Germany-$20.8M (-11.1%)
Hungary-$7.65M (-37.6%)
Serbia-$5.26M (-31.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Insulated Wire were:
In 2023, Croatia's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHungary+ $15.7M
TOP IMPORT POTENTIALChina+ $13.5M

Insulated Wire’s highest export potential is Hungary. With an export gap of $15.7M.   Insulated Wire’s highest import potential is China with an import gap of $13.5M.

See methodology.

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