2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Croatia-Guinea Trade: In 2023, Croatia exported $230k to Guinea. The main products that Croatia exported to Guinea were Paper Labels ($218k), Valves ($10.1k), and Engine Parts ($1.02k). Over the past 5 years the exports of Croatia to Guinea have decreased at an annualized rate of 2.24%, from $258k in 2018 to $230k in 2023.

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

Guinea-Croatia Trade: In 2023, Guinea exported $666 to Croatia. The main products that Guinea exported to Croatia were N/A. Over the past 5 years the exports of Guinea to Croatia have increased at an annualized rate of 45.8%,  from $101 in 2018 to $666 in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $230k to Guinea. The main products exported from Croatia to Guinea were Paper Labels ($218k), Valves ($10.1k), and Engine Parts ($1.02k). During the last 5 years the exports of Croatia to Guinea have decreased at an annualized rate of 2.24%, from $258k in 2018 to $230k in 2023.

In 2016, Guinea exported $666 to Croatia. There were not main exports from Guinea to Croatia in 2016. During the last 5 years the exports of Guinea to Croatia have increased at an annualized rate of 45.8%, from $101 in 2021 to $666 in 2016.

Exports from Croatia (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Guinea (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Guinea
Top Destination
United Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Croatia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Guinea

Flow
Scale

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

During 2023, Croatia had a large net trade with Guinea in the exports of Paper Goods ($218k), Machines ($11.1k), and Metals ($803).

During 2016, Guinea had a large net trade with Croatia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Guinea+$167kInsulated Wire
Top Product Potential Guinea Croatia+$4.44kGold

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

Product Space of Croatia (Flag) and Guinea (Flag) (2023)

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