2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 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 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 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

Cyprus-Croatia Trade: In 2023, Cyprus exported $17.6M to Croatia. The main products that Cyprus exported to Croatia were Packaged Medicaments ($4.98M), Textile Footwear ($2.27M), and Potatoes ($1.43M). Over the past 5 years the exports of Cyprus to Croatia have increased at an annualized rate of 15.7%, from $8.51M in 2018 to $17.6M in 2023.

In 2018, Cyprus exported services to Croatia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

Croatia-Cyprus Trade: In 2023, Croatia exported $34.2M to Cyprus. The main products that Croatia exported to Cyprus were Other Sea Vessels ($7.99M), Non-Knit Women's Suits ($1.89M), and Electrical Transformers ($1.82M). Over the past 5 years the exports of Croatia to Cyprus have increased at an annualized rate of 21.4%,  from $10.7M in 2018 to $34.2M in 2023.

In 2020, Croatia exported services to Cyprus worth $9.48M, with Other business services ($3.77M), Construction services ($2.17M), and Insurance services ($2.17M) being the largest in terms of value.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. 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, Cyprus exported $17.6M to Croatia. The main products exported from Cyprus to Croatia were Packaged Medicaments ($4.98M), Textile Footwear ($2.27M), and Potatoes ($1.43M). During the last 5 years the exports of Cyprus to Croatia have increased at an annualized rate of 15.7%, from $8.51M in 2018 to $17.6M in 2023.

In 2018, Croatia exported $34.2M to Cyprus. The main products exported from Croatia to Cyprus were Other Sea Vessels ($7.99M), Non-Knit Women's Suits ($1.89M), and Electrical Transformers ($1.82M). During the last 5 years the exports of Croatia to Cyprus have increased at an annualized rate of 21.4%, from $10.7M in 2023 to $34.2M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Croatia (Flag)

Cyprus Exports

Croatia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Cyprus than Croatia included Libya ($775M), Greece ($626M), and Bermuda ($403M).

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

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

Comparative Advantage Cyprus - Croatia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Croatia in the exports of Chemical Products ($6.91M), Footwear and Headwear ($2.44M), and Vegetable Products ($1.82M).

During 2018, Croatia had a large net trade with Cyprus in the exports of Textiles ($13.1M), Transportation ($8.05M), and Machines ($4.33M).

Bilateral Service Trade

In 2018, Cyprus exported services to Croatia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

In 2020, Croatia exported services to Cyprus worth $9.48M, with Other business services ($3.77M), Construction services ($2.17M), and Insurance services ($2.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Croatia (Flag) (2018)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with