2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 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
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Croatia-Belarus Trade: In 2022, Croatia exported $14.4M to Belarus. The main products that Croatia exported to Belarus were Packaged Medicaments ($3.27M), Broadcasting Equipment ($3.09M), and Shaving Products ($2.67M). Over the past 5 years the exports of Croatia to Belarus have increased at an annualized rate of 1.96%, from $13M in 2017 to $14.4M in 2022.

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 2022, Belarus exported $2.86M to Croatia. The main products that Belarus exported to Croatia were Potassic Fertilizers ($557k), Rock Wool ($452k), and Plywood ($395k). Over the past 5 years the exports of Belarus to Croatia have decreased at an annualized rate of 13.9%,  from $7.03M in 2017 to $2.86M in 2022.

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 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $14.4M to Belarus. The main products exported from Croatia to Belarus were Packaged Medicaments ($3.27M), Broadcasting Equipment ($3.09M), and Shaving Products ($2.67M). During the last 5 years the exports of Croatia to Belarus have increased at an annualized rate of 1.96%, from $13M in 2017 to $14.4M in 2022.

In 2017, Belarus exported $2.86M to Croatia. The main products exported from Belarus to Croatia were Potassic Fertilizers ($557k), Rock Wool ($452k), and Plywood ($395k). During the last 5 years the exports of Belarus to Croatia have decreased at an annualized rate of 13.9%, from $7.03M in 2022 to $2.86M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Belarus (Flag)

Croatia Exports

Belarus Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Belarus
Top Destination
China$1.6B

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 2022, countries that imported more from Croatia than Belarus included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2022, countries that imported more from Belarus than Croatia included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

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

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 2022, Croatia had a large net trade with Belarus in the exports of Chemical Products ($6.27M), Machines ($4.85M), and Miscellaneous ($1.01M).

During 2017, Belarus had a large net trade with Croatia in the exports of Wood Products ($775k), Chemical Products ($648k), and Stone And Glass ($505k).

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) (2022)

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