2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$71BCURRENT US$
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2012-2022
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GDP GROWTH
24%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$18,413CURRENT US$
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2012-2022
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GDP PC GROWTH
37.3%CURRENT US$
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About

Spain-Croatia Trade: In 2022, Spain exported $765M to Croatia. The main products that Spain exported to Croatia were Cars ($60M), Pig Meat ($50.8M), and Molluscs ($35.8M). Over the past 5 years the exports of Spain to Croatia have increased at an annualized rate of 8.08%, from $519M in 2017 to $765M in 2022.

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

Croatia-Spain Trade: In 2022, Croatia exported $444M to Spain. The main products that Croatia exported to Spain were Refined Petroleum ($77.4M), Knit Socks and Hosiery ($33.3M), and Processed Fish ($16.4M). Over the past 5 years the exports of Croatia to Spain have increased at an annualized rate of 11.9%,  from $254M in 2017 to $444M in 2022.

In 2020, Croatia exported services to Spain worth $38.8M, with Travel ($23.5M), Other business services ($4.11M), and Personal, cultural, and recreational services ($3.08M) being the largest in terms of value.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). 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, Spain exported $765M to Croatia. The main products exported from Spain to Croatia were Cars ($60M), Pig Meat ($50.8M), and Molluscs ($35.8M). During the last 5 years the exports of Spain to Croatia have increased at an annualized rate of 8.08%, from $519M in 2017 to $765M in 2022.

In 2017, Croatia exported $444M to Spain. The main products exported from Croatia to Spain were Refined Petroleum ($77.4M), Knit Socks and Hosiery ($33.3M), and Processed Fish ($16.4M). During the last 5 years the exports of Croatia to Spain have increased at an annualized rate of 11.9%, from $254M in 2022 to $444M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Croatia
Top Destination
Italy$3.44B

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

In 2022, countries that imported more from Spain than Croatia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Croatia than Spain included Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Serbia ($1.55B).

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

Comparative Advantage Spain - Croatia

Flow
Scale

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

During 2022, Spain had a large net trade with Croatia in the exports of Animal Products ($124M), Textiles ($115M), and Transportation ($82.9M).

During 2017, Croatia had a large net trade with Spain in the exports of Mineral Products ($90.6M), Textiles ($87.4M), and Chemical Products ($70.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Croatia+$40.1MCars
Top Product Potential Croatia Spain+$26.1MRefined Petroleum

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 Spain worth $38.8M, with Travel ($23.5M), Other business services ($4.11M), and Personal, cultural, and recreational services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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