United Kingdom (GBR) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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United Kingdom (GBR) and Croatia (HRV) Trade

2022

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Exports $170MRnk 91 / 224

2022

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About

United Kingdom-Croatia In 2022, United Kingdom exported $170M to Croatia. The main products that United Kingdom exported to Croatia are Cars ($22.2M), Recreational Boats ($16.4M), and Large Construction Vehicles ($5.41M). During the last 27 years the exports of United Kingdom to Croatia have decreased at an annualized rate of 3.34%, from $426M in 1995 to $170M in 2022.

In 2019, United Kingdom exported services to Croatia worth $186M, with Travel ($105M), Royalties and license fees ($26.8M), and Government services, n.i.e. ($22.9M) being the largest in terms of value.

Croatia-United Kingdom In 2022, Croatia exported $274M to United Kingdom. The main products that Croatia exported to United Kingdom were Packaged Medicaments ($31.6M), Electrical Transformers ($20.7M), and Metal Molds ($11.7M). During the last 27 years the exports of Croatia to United Kingdom have increased at an annualized rate of 5.22%, from $69.5M in 1995 to $274M in 2022.

In 2020, Croatia exported services to United Kingdom worth $429M, with Travel ($175M), Computer and information services ($86.9M), and Other business services ($73.2M) being the largest in terms of value.

Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £9.75M and imported £11.6M from Croatia, resulting in a negative trade balance of £1.84M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £2.01M (25.9%) from £7.75M to £9.75M, while imports decreased by £-5.99M (-34%) from £17.6M to £11.6M.

Trade In January 2024, the top exports of United Kingdom to Croatia were Fork-Lifts (£697k), Inhalable tobacco/nicotine products (£519k), Nickel Powder (£390k), Commodities not elsewhere specified (£358k), and Non-fillet Frozen Fish (£319k). In January 2024 the top imports of United Kingdom from Croatia were Electrical Transformers (£5.73M), Packaged Medicaments (£1.33M), Cement (£1.02M), Metal Molds (£748k), and Insulated Wire (£509k).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£6.35M), East Midlands Airport (£885k), London Heathrow Airport (£397k), Immingham (£343k), and Dover (£317k), while imports destinations were mainly Dover (£7.97M), East Midlands Airport (£1.04M), Dover Eurotunnel (£460k), and Eurotunnel (£295k).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Croatia was explained primarily by an increase in product exports in Fork-Lifts (£672k or 2.66k%), Large Construction Vehicles (£200k or 1.21k%), and Beauty Products (£142k or 419%). In January 2024, the decrease in United Kingdom's year-by-year imports from Croatia was explained primarily by an decrease in product imports in Packaged Medicaments (£-5.76M or -81.2%), Aluminium Structures (£-2.09M or -92.7%), and Other Electrical Machinery (£-397k or -97.3%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£2.01M(25.9%)

IMPORT GROWTH (January 2023 - January 2024)£-5.99M(-34%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£6.35M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Croatia and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $170M to Croatia. The main products exported from United Kingdom to Croatia were Cars ($22.2M), Recreational Boats ($16.4M), and Large Construction Vehicles ($5.41M). During the last 27 years the exports of United Kingdom to Croatia have decreased at an annualized rate of 3.34%, from $426M in 1995 to $170M in 2022.

In 2022, Croatia exported $274M to United Kingdom. The main products exported from Croatia to United Kingdom were Packaged Medicaments ($31.6M), Electrical Transformers ($20.7M), and Metal Molds ($11.7M). During the last 27 years the exports of Croatia to United Kingdom have increased at an annualized rate of 5.22%, from $69.5M in 1995 to $274M in 2022.

Exports from United Kingdom () to Croatia () (2022)

Exports from Croatia () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Croatia
Top DestinationItaly$3.44B

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

In 2021, countries that imported more from United Kingdom than Croatia were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Croatia than United Kingdom were Slovenia ($2.87B), Bosnia and Herzegovina ($2.45B), and Serbia ($1.55B).

Difference in imports from Croatia () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United Kingdom had a large net trade with Croatia in the exports of Transportation ($48.4M), Machines ($45.2M), and Chemical Products ($23.4M).

During 2022, Croatia had a large net trade with United Kingdom in the exports of Machines ($87.9M), Chemical Products ($37.1M), and Transportation ($28.1M).

Service Trade

Bilateral Service Trade

Hrv Year

Gbr Year

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Croatia () (2019)

Services Exports from Croatia () to United Kingdom () (2020)

Economic Complexity

Competitive Landscape

Year

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 United Kingdom has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over United Kingdom.

Product Space of United Kingdom () and Croatia () (2022)

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