2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

United Kingdom-Croatia Trade: In 2022, United Kingdom exported $170M to Croatia. The main products that United Kingdom exported to Croatia were Cars ($22.2M), Recreational Boats ($16.4M), and Large Construction Vehicles ($5.41M). Over the past 5 years the exports of United Kingdom to Croatia have decreased at an annualized rate of 10%, from $289M in 2017 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 Trade: 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). Over the past 5 years the exports of Croatia to United Kingdom have increased at an annualized rate of 2.67%,  from $240M in 2017 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 1.42), and 14 in total exports ($469B). 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, 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 5 years the exports of United Kingdom to Croatia have decreased at an annualized rate of 10%, from $289M in 2017 to $170M in 2022.

In 2017, 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 5 years the exports of Croatia to United Kingdom have increased at an annualized rate of 2.67%, from $240M in 2022 to $274M in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Croatia
Top Destination
Italy$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 2022, countries that imported more from United Kingdom than Croatia included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

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

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

Comparative Advantage United Kingdom - Croatia

Flow
Scale

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 2017, Croatia had a large net trade with United Kingdom in the exports of Machines ($87.9M), Chemical Products ($37.1M), and Transportation ($28.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Croatia+$28MCars
Top Product Potential Croatia United Kingdom+$31.8MPackaged 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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Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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