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2022
Flag → Flag
Exports $457kRnk 130 / 182
2022
Flag → Flag
Top Product $167kLarge Construction Vehicles
2022
Flag → Flag
Exports $126kRnk 96 / 146
2022
Flag → Flag
Top Product $112kCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Croatia-Bolivia Trade: In 2022, Croatia exported $457k to Bolivia. The main products that Croatia exported to Bolivia were Large Construction Vehicles ($167k), Plastic Pipes ($159k), and Chocolate ($18.6k). Over the past 5 years the exports of Croatia to Bolivia have increased at an annualized rate of 20.4%, from $181k in 2017 to $457k in 2022.

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

Bolivia-Croatia Trade: In 2022, Bolivia exported $126k to Croatia. The main products that Bolivia exported to Croatia were Coconuts, Brazil Nuts, and Cashews ($112k) and Shaped Wood ($13.8k). Over the past 5 years the exports of Bolivia to Croatia have decreased at an annualized rate of 12.4%,  from $244k in 2017 to $126k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $457k to Bolivia. The main products exported from Croatia to Bolivia were Large Construction Vehicles ($167k), Plastic Pipes ($159k), and Chocolate ($18.6k). During the last 5 years the exports of Croatia to Bolivia have increased at an annualized rate of 20.4%, from $181k in 2017 to $457k in 2022.

In 2017, Bolivia exported $126k to Croatia. The main products exported from Bolivia to Croatia were Coconuts, Brazil Nuts, and Cashews ($112k) and Shaped Wood ($13.8k). During the last 5 years the exports of Bolivia to Croatia have decreased at an annualized rate of 12.4%, from $244k in 2022 to $126k in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Bolivia (Flag)

Croatia Exports

Bolivia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Croatia than Bolivia included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

In 2022, countries that imported more from Bolivia than Croatia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Croatia - Bolivia

Flow
Scale

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

During 2022, Croatia had a large net trade with Bolivia in the exports of Machines ($191k), Plastics and Rubbers ($159k), and Textiles ($53.1k).

During 2017, Bolivia had a large net trade with Croatia in the exports of Vegetable Products ($112k) and Wood Products ($13.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Bolivia+$78.8kPlastic Pipes
Top Product Potential Bolivia Croatia+$71.4kCoconuts, Brazil Nuts, and Cashews

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

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

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