2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 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 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 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

Colombia-Croatia Trade: In 2023, Colombia exported $19.5M to Croatia. The main products that Colombia exported to Croatia were Coal Briquettes ($18.4M), Bananas ($509k), and Other Edible Preparations ($277k). Over the past 5 years the exports of Colombia to Croatia have increased at an annualized rate of 19%, from $8.17M in 2018 to $19.5M in 2023.

In 2023, Colombia did not export any services to Croatia.

Croatia-Colombia Trade: In 2023, Croatia exported $18.9M to Colombia. The main products that Croatia exported to Colombia were Metal Stoppers ($11.3M), Gas Turbines ($4.03M), and Iron Structures ($1.62M). Over the past 5 years the exports of Croatia to Colombia have increased at an annualized rate of 39.9%,  from $1.29M in 2018 to $18.9M in 2023.

In 2009, Croatia exported services to Colombia worth $288k, with Financial services ($288k) being the largest in terms of value.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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, Colombia exported $19.5M to Croatia. The main products exported from Colombia to Croatia were Coal Briquettes ($18.4M), Bananas ($509k), and Other Edible Preparations ($277k). During the last 5 years the exports of Colombia to Croatia have increased at an annualized rate of 19%, from $8.17M in 2018 to $19.5M in 2023.

In 2018, Croatia exported $18.9M to Colombia. The main products exported from Croatia to Colombia were Metal Stoppers ($11.3M), Gas Turbines ($4.03M), and Iron Structures ($1.62M). During the last 5 years the exports of Croatia to Colombia have increased at an annualized rate of 39.9%, from $1.29M in 2023 to $18.9M in 2018.

Exports from Colombia (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and Croatia (Flag)

Colombia Exports

Croatia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Colombia than Croatia included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Croatia than Colombia included Slovenia ($2.45B), Italy ($3.05B), and Germany ($2.58B).

Difference in imports from Croatia (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - Croatia

Flow
Scale

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

During 2023, Colombia had a large net trade with Croatia in the exports of Mineral Products ($18.4M), Vegetable Products ($599k), and Foodstuffs ($378k).

During 2018, Croatia had a large net trade with Colombia in the exports of Metals ($13.3M), Machines ($4.72M), and Plastics and Rubbers ($455k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Croatia+$433kRaw Sugar
Top Product Potential Croatia Colombia+$1.98MPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of Colombia (Flag) and Croatia (Flag) (2023)

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