2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%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 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%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$
Rnk 53 / 186

About

Finland-Croatia In 2022, Finland exported $70.4M to Croatia. The main products that Finland exported to Croatia are Electrical Transformers ($4.21M), Large Flat-Rolled Stainless Steel ($3.22M), and Kaolin Coated Paper ($3.18M). During the last 27 years the exports of Finland to Croatia have increased at an annualized rate of 4.35%, from $22.3M in 1995 to $70.4M in 2022.

In 2020, Finland exported services to Croatia worth $16M, with Other business services ($6.85M), Computer and information services ($5.71M), and Transportation ($1.14M) being the largest in terms of value.

Croatia-Finland In 2022, Croatia exported $52.8M to Finland. The main products that Croatia exported to Finland were Electrical Transformers ($16.6M), Chocolate ($3.22M), and Tractors ($2.81M). During the last 27 years the exports of Croatia to Finland have increased at an annualized rate of 7.96%, from $6.67M in 1995 to $52.8M in 2022.

In 2020, Croatia exported services to Finland worth $26.3M, with Other business services ($17M), Travel ($5.71M), and Computer and information services ($2.63M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $70.4M to Croatia. The main products exported from Finland to Croatia were Electrical Transformers ($4.21M), Large Flat-Rolled Stainless Steel ($3.22M), and Kaolin Coated Paper ($3.18M). During the last 27 years the exports of Finland to Croatia have increased at an annualized rate of 4.35%, from $22.3M in 1995 to $70.4M in 2022.

In 2022, Croatia exported $52.8M to Finland. The main products exported from Croatia to Finland were Electrical Transformers ($16.6M), Chocolate ($3.22M), and Tractors ($2.81M). During the last 27 years the exports of Croatia to Finland have increased at an annualized rate of 7.96%, from $6.67M in 1995 to $52.8M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Croatia (Flag)

Finland Exports

Croatia Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Croatia
Top Destination
Italy$3.44B

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

In 2021, countries that imported more from Finland than Croatia were Sweden ($9.1B), United States ($9.17B), and Germany ($9.99B).

In 2021, countries that imported more from Croatia than Finland were Slovenia ($2.87B), Bosnia and Herzegovina ($2.45B), and Hungary ($2.65B).

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

Comparative Advantage Finland - Croatia

Flow
Scale

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

During 2022, Finland had a large net trade with Croatia in the exports of Machines ($29.2M), Paper Goods ($9.45M), and Plastics and Rubbers ($6.87M).

During 2022, Croatia had a large net trade with Finland in the exports of Machines ($30.4M), Foodstuffs ($4.07M), and Transportation ($3.57M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Croatia worth $16M, with Other business services ($6.85M), Computer and information services ($5.71M), and Transportation ($1.14M) being the largest in terms of value.

In 2020, Croatia exported services to Finland worth $26.3M, with Other business services ($17M), Travel ($5.71M), and Computer and information services ($2.63M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Finland.

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

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