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Pricing

2022
Flag → Flag
Exports $2.24MRnk 100 / 182
2022
Flag → Flag
Top Product $1.48MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $36.2MRnk 56 / 170
2022
Flag → Flag
Top Product $31.1MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Croatia-Ecuador Trade: In 2022, Croatia exported $2.24M to Ecuador. The main products that Croatia exported to Ecuador were Mixed Mineral or Chemical Fertilizers ($1.48M), Computers ($112k), and Malt Extract ($85.9k). Over the past 5 years the exports of Croatia to Ecuador have increased at an annualized rate of 22.9%, from $797k in 2017 to $2.24M in 2022.

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

Ecuador-Croatia Trade: In 2022, Ecuador exported $36.2M to Croatia. The main products that Ecuador exported to Croatia were Bananas ($31.1M), Cut Flowers ($3.08M), and Processed Fish ($1.36M). Over the past 5 years the exports of Ecuador to Croatia have increased at an annualized rate of 8.25%,  from $16.4M in 2017 to $36.2M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $2.24M to Ecuador. The main products exported from Croatia to Ecuador were Mixed Mineral or Chemical Fertilizers ($1.48M), Computers ($112k), and Malt Extract ($85.9k). During the last 5 years the exports of Croatia to Ecuador have increased at an annualized rate of 22.9%, from $797k in 2017 to $2.24M in 2022.

In 2017, Ecuador exported $36.2M to Croatia. The main products exported from Ecuador to Croatia were Bananas ($31.1M), Cut Flowers ($3.08M), and Processed Fish ($1.36M). During the last 5 years the exports of Ecuador to Croatia have increased at an annualized rate of 8.25%, from $16.4M in 2022 to $36.2M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Ecuador (Flag)

Croatia Exports

Ecuador Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Croatia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Croatia - Ecuador

Flow
Scale

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

During 2022, Croatia had a large net trade with Ecuador in the exports of Chemical Products ($1.53M), Machines ($292k), and Foodstuffs ($131k).

During 2017, Ecuador had a large net trade with Croatia in the exports of Vegetable Products ($34.2M), Foodstuffs ($1.36M), and Animal Products ($525k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Ecuador+$154kComputers
Top Product Potential Ecuador Croatia+$794kProcessed Fish

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

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

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