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2023
Flag → Flag
Exports $12.2MRnk 73 / 191
2023
Flag → Flag
Top Product $2.63MGas Turbines
2023
Flag → Flag
Exports $162MRnk 85 / 213
2023
Flag → Flag
Top Product $40.9MCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Croatia-Indonesia Trade: In 2023, Croatia exported $12.2M to Indonesia. The main products that Croatia exported to Indonesia were Gas Turbines ($2.63M), Excavation Machinery ($2.24M), and Sawn Wood ($1.44M). Over the past 5 years the exports of Croatia to Indonesia have decreased at an annualized rate of 17.2%, from $31.4M in 2018 to $12.2M in 2023.

In 2020, Croatia exported services to Indonesia worth $228k, with Travel ($114k) and Other business services ($114k) being the largest in terms of value.

Indonesia-Croatia Trade: In 2023, Indonesia exported $162M to Croatia. The main products that Indonesia exported to Croatia were Coal Briquettes ($40.9M), Petroleum Gas ($28.1M), and Lignite ($13.5M). Over the past 5 years the exports of Indonesia to Croatia have increased at an annualized rate of 39.8%,  from $30.3M in 2018 to $162M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $12.2M to Indonesia. The main products exported from Croatia to Indonesia were Gas Turbines ($2.63M), Excavation Machinery ($2.24M), and Sawn Wood ($1.44M). During the last 5 years the exports of Croatia to Indonesia have decreased at an annualized rate of 17.2%, from $31.4M in 2018 to $12.2M in 2023.

In 2018, Indonesia exported $162M to Croatia. The main products exported from Indonesia to Croatia were Coal Briquettes ($40.9M), Petroleum Gas ($28.1M), and Lignite ($13.5M). During the last 5 years the exports of Indonesia to Croatia have increased at an annualized rate of 39.8%, from $30.3M in 2023 to $162M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Indonesia (Flag)

Croatia Exports

Indonesia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Croatia than Indonesia included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

In 2023, countries that imported more from Indonesia than Croatia included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Croatia - Indonesia

Flow
Scale

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

During 2023, Croatia had a large net trade with Indonesia in the exports of Machines ($6.87M), Wood Products ($1.56M), and Metals ($1.24M).

During 2018, Indonesia had a large net trade with Croatia in the exports of Mineral Products ($82.5M), Animal and Vegetable Bi-Products ($22.6M), and Foodstuffs ($18.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Indonesia+$2.39MExcavation Machinery
Top Product Potential Indonesia Croatia+$25.4MCoal Briquettes

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

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

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