2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 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
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Croatia-Switzerland Trade: In 2022, Croatia exported $330M to Switzerland. The main products that Croatia exported to Switzerland were Aluminium Foil ($36.6M), Packaged Medicaments ($24.2M), and Shaped Wood ($20.4M). Over the past 5 years the exports of Croatia to Switzerland have increased at an annualized rate of 11%, from $196M in 2017 to $330M in 2022.

In 2020, Croatia exported services to Switzerland worth $431M, with Travel ($249M), Other business services ($121M), and Transportation ($19.5M) being the largest in terms of value.

Switzerland-Croatia Trade: In 2022, Switzerland exported $298M to Croatia. The main products that Switzerland exported to Croatia were Packaged Medicaments ($83.2M), Vaccines, blood, antisera, toxins and cultures ($55.8M), and Other Uncoated Paper ($13M). Over the past 5 years the exports of Switzerland to Croatia have increased at an annualized rate of 2.81%,  from $232M in 2017 to $298M in 2022.

In 2019, Switzerland exported services to Croatia worth $59M, with Royalties and license fees ($26.8M), Financial services ($10.5M), and Travel ($9.74M) 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $330M to Switzerland. The main products exported from Croatia to Switzerland were Aluminium Foil ($36.6M), Packaged Medicaments ($24.2M), and Shaped Wood ($20.4M). During the last 5 years the exports of Croatia to Switzerland have increased at an annualized rate of 11%, from $196M in 2017 to $330M in 2022.

In 2017, Switzerland exported $298M to Croatia. The main products exported from Switzerland to Croatia were Packaged Medicaments ($83.2M), Vaccines, blood, antisera, toxins and cultures ($55.8M), and Other Uncoated Paper ($13M). During the last 5 years the exports of Switzerland to Croatia have increased at an annualized rate of 2.81%, from $232M in 2022 to $298M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Switzerland (Flag)

Croatia Exports

Switzerland Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Switzerland
Top Destination
United States$61.7B

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

In 2022, countries that imported more from Croatia than Switzerland included Bosnia and Herzegovina ($2.45B), Hungary ($2.65B), and Serbia ($1.55B).

In 2022, countries that imported more from Switzerland than Croatia included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Croatia - Switzerland

Flow
Scale

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

During 2022, Croatia had a large net trade with Switzerland in the exports of Metals ($84.3M), Machines ($65.4M), and Wood Products ($44.3M).

During 2017, Switzerland had a large net trade with Croatia in the exports of Chemical Products ($152M), Machines ($54.6M), and Instruments ($23.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Switzerland+$27.1MPackaged Medicaments
Top Product Potential Switzerland Croatia+$39MPackaged 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 2020, Croatia exported services to Switzerland worth $431M, with Travel ($249M), Other business services ($121M), and Transportation ($19.5M) being the largest in terms of value.

In 2019, Switzerland exported services to Croatia worth $59M, with Royalties and license fees ($26.8M), Financial services ($10.5M), and Travel ($9.74M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Croatia (Flag) to Switzerland (Flag) (2020)

Services Exports from Switzerland (Flag) to Croatia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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