2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC 
$21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Croatia-Belarus Trade: In 2023, Croatia exported $9.48M to Belarus. The main products that Croatia exported to Belarus were Shaving Products ($4.66M), Packaged Medicaments ($2.24M), and Vegetable and Mineral Carvings ($580k). Over the past 5 years the exports of Croatia to Belarus have decreased at an annualized rate of 8.08%, from $14.4M in 2018 to $9.48M in 2023.

In 2009, Croatia exported services to Belarus worth $16.5M, with Royalties and license fees ($12.1M), Communications services ($2.83M), and Personal, cultural, and recreational services ($814k) being the largest in terms of value.

Belarus-Croatia Trade: In 2023, Belarus exported $836k to Croatia. The main products that Belarus exported to Croatia were Waxes ($220k), Other Furniture ($212k), and Glass Fibers ($89.3k). Over the past 5 years the exports of Belarus to Croatia have decreased at an annualized rate of 42.4%,  from $13.2M in 2018 to $836k in 2023.

In 2014, Belarus exported services to Croatia worth $142k, with Computer and information services ($96.1k), Insurance services ($45.1k), and Government services, n.i.e. ($400) being the largest in terms of value.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $9.48M to Belarus. The main products exported from Croatia to Belarus were Shaving Products ($4.66M), Packaged Medicaments ($2.24M), and Vegetable and Mineral Carvings ($580k). During the last 5 years the exports of Croatia to Belarus have decreased at an annualized rate of 8.08%, from $14.4M in 2018 to $9.48M in 2023.

In 2018, Belarus exported $836k to Croatia. The main products exported from Belarus to Croatia were Waxes ($220k), Other Furniture ($212k), and Glass Fibers ($89.3k). During the last 5 years the exports of Belarus to Croatia have decreased at an annualized rate of 42.4%, from $13.2M in 2023 to $836k in 2018.

Exports from Croatia (Flag) to Belarus (Flag) (2023)

Exports from Belarus (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Belarus (Flag)

Croatia Exports

Belarus Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Belarus
Top Destination
China$2.6B

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

In 2023, countries that imported more from Croatia than Belarus included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

In 2023, countries that imported more from Belarus than Croatia included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

Difference in imports from Belarus (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Belarus

Flow
Scale

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

During 2023, Croatia had a large net trade with Belarus in the exports of Chemical Products ($7.26M), Foodstuffs ($588k), and Miscellaneous ($580k).

During 2018, Belarus had a large net trade with Croatia in the exports of Chemical Products ($220k), Miscellaneous ($215k), and Stone And Glass ($151k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Belarus+$2.26MPackaged Medicaments
Top Product Potential Belarus Croatia+$574kPotassic Fertilizers

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 Belarus. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Croatia.

Product Space of Croatia (Flag) and Belarus (Flag) (2023)

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