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Pricing

2022
Flag → Flag
Exports $6.71MRnk 135 / 213
2022
Flag → Flag
Top Product $3.44MPassenger and Cargo Ships
2022
Flag → Flag
Exports $45.8MRnk 46 / 182
2022
Flag → Flag
Top Product $8.1MElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Australia-Croatia Trade: In 2022, Australia exported $6.71M to Croatia. The main products that Australia exported to Croatia were Passenger and Cargo Ships ($3.44M), Electric Batteries ($617k), and Excavation Machinery ($523k). Over the past 5 years the exports of Australia to Croatia have increased at an annualized rate of 3.08%, from $5.77M in 2017 to $6.71M in 2022.

In 2022, Australia did not export any services to Croatia.

Croatia-Australia Trade: In 2022, Croatia exported $45.8M to Australia. The main products that Croatia exported to Australia were Electrical Transformers ($8.1M), Gas Turbines ($5.7M), and Packaged Medicaments ($3.4M). Over the past 5 years the exports of Croatia to Australia have increased at an annualized rate of 8.66%,  from $30.2M in 2017 to $45.8M in 2022.

In 2020, Croatia exported services to Australia worth $6.17M, with Travel ($4.11M), Transportation ($800k), and Computer and information services ($685k) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $6.71M to Croatia. The main products exported from Australia to Croatia were Passenger and Cargo Ships ($3.44M), Electric Batteries ($617k), and Excavation Machinery ($523k). During the last 5 years the exports of Australia to Croatia have increased at an annualized rate of 3.08%, from $5.77M in 2017 to $6.71M in 2022.

In 2017, Croatia exported $45.8M to Australia. The main products exported from Croatia to Australia were Electrical Transformers ($8.1M), Gas Turbines ($5.7M), and Packaged Medicaments ($3.4M). During the last 5 years the exports of Croatia to Australia have increased at an annualized rate of 8.66%, from $30.2M in 2022 to $45.8M in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Croatia (Flag)

Australia Exports

Croatia Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Australia than Croatia included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

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

Comparative Advantage Australia - Croatia

Flow
Scale

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

During 2022, Australia had a large net trade with Croatia in the exports of Transportation ($3.61M), Machines ($1.99M), and Instruments ($288k).

During 2017, Croatia had a large net trade with Australia in the exports of Machines ($18.9M), Foodstuffs ($8.56M), and Chemical Products ($4.42M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Croatia+$340kExcavation Machinery
Top Product Potential Croatia Australia+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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Bilateral Service Trade

In 2020, Croatia exported services to Australia worth $6.17M, with Travel ($4.11M), Transportation ($800k), and Computer and information services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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