Croatia (HRV) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

About

Croatia-Ecuador Trade: In 2023, Croatia exported $4.02M to Ecuador. The main products that Croatia exported to Ecuador were Other Sea Vessels ($1.79M), Rubberworking Machinery ($1M), and Leather Footwear ($265k). Over the past 5 years the exports of Croatia to Ecuador have increased at an annualized rate of 58.1%, from $407k in 2018 to $4.02M in 2023.

In 2023, Croatia did not export any services to Ecuador.

Ecuador-Croatia Trade: In 2023, Ecuador exported $30M to Croatia. The main products that Ecuador exported to Croatia were Bananas ($24.5M), Cut Flowers ($4.4M), and Processed Fish ($762k). Over the past 5 years the exports of Ecuador to Croatia have increased at an annualized rate of 15.1%, from $14.8M in 2018 to $30M in 2023.

In 2023, Ecuador did not export any services to Croatia.

Comparison: In 2023, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Croatia exported $4.02M to Ecuador. The main products exported from Croatia to Ecuador were Other Sea Vessels ($1.79M), Rubberworking Machinery ($1M), and Leather Footwear ($265k). During the last 5 years the exports of Croatia to Ecuador have increased at an annualized rate of 58.1%, from $407k in 2018 to $4.02M in 2023.

In 2018, Ecuador exported $30M to Croatia. The main products exported from Ecuador to Croatia were Bananas ($24.5M), Cut Flowers ($4.4M), and Processed Fish ($762k). During the last 5 years the exports of Ecuador to Croatia have increased at an annualized rate of 15.1%, from $14.8M in 2023 to $30M in 2018.

Exports from Croatia () to Ecuador () (2023)

Exports from Ecuador () to Croatia () (2023)

Latest Data

Trade between Croatia () and Ecuador ()

Croatia Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Ecuador than Croatia included China ($7.96B), United States ($8.34B), and Panama ($4.38B).

Difference in imports from Ecuador () and Croatia () (2023)

Comparative Advantage Croatia - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with Ecuador in the exports of Transportation ($1.79M), Machines ($1.31M), and Footwear and Headwear ($311k).

During 2018, Ecuador had a large net trade with Croatia in the exports of Vegetable Products ($28.9M), Foodstuffs ($762k), and Animal Products ($205k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to Ecuador () (2023)

Exports from Ecuador () to Croatia () (2023)

Latest Data

Trade between Croatia () and Ecuador ()

Croatia Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Croatia () (2023)

Comparative Advantage Croatia - Ecuador

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Croatia () and Ecuador () (2023)

Keep Exploring