2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Croatia-Bangladesh Trade: In 2022, Croatia exported $2.72M to Bangladesh. The main products that Croatia exported to Bangladesh were Antibiotics ($954k), Iron Gas Containers ($840k), and Other Knit Clothing Accessories ($184k). Over the past 5 years the exports of Croatia to Bangladesh have decreased at an annualized rate of 7.44%, from $4M in 2017 to $2.72M in 2022.

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

Bangladesh-Croatia Trade: In 2022, Bangladesh exported $32.6M to Croatia. The main products that Bangladesh exported to Croatia were Knit Sweaters ($4.82M), Knit T-shirts ($4.77M), and Non-Knit Women's Suits ($4.55M). Over the past 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 17%,  from $14.9M in 2017 to $32.6M in 2022.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $2.72M to Bangladesh. The main products exported from Croatia to Bangladesh were Antibiotics ($954k), Iron Gas Containers ($840k), and Other Knit Clothing Accessories ($184k). During the last 5 years the exports of Croatia to Bangladesh have decreased at an annualized rate of 7.44%, from $4M in 2017 to $2.72M in 2022.

In 2017, Bangladesh exported $32.6M to Croatia. The main products exported from Bangladesh to Croatia were Knit Sweaters ($4.82M), Knit T-shirts ($4.77M), and Non-Knit Women's Suits ($4.55M). During the last 5 years the exports of Bangladesh to Croatia have increased at an annualized rate of 17%, from $14.9M in 2022 to $32.6M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Bangladesh (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Croatia than Bangladesh included Slovenia ($2.87B), Hungary ($2.65B), and Bosnia and Herzegovina ($2.45B).

In 2022, countries that imported more from Bangladesh than Croatia included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Croatia - Bangladesh

Flow
Scale

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

During 2022, Croatia had a large net trade with Bangladesh in the exports of Chemical Products ($1.2M), Metals ($1.01M), and Machines ($310k).

During 2017, Bangladesh had a large net trade with Croatia in the exports of Textiles ($31.5M), Foodstuffs ($832k), and Footwear and Headwear ($168k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Bangladesh+$482kAntibiotics
Top Product Potential Bangladesh Croatia+$6.65MKnit Sweaters

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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Economic Complexity

Competitive Landscape

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

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

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