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2022
Flag → Flag
Exports $13MRnk 67 / 182
2022
Flag → Flag
Top Product $4.03MExcavation Machinery
2022
Flag → Flag
Exports $151MRnk 83 / 216
2022
Flag → Flag
Top Product $63.4MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Croatia-Indonesia Trade: In 2022, Croatia exported $13M to Indonesia. The main products that Croatia exported to Indonesia were Excavation Machinery ($4.03M), Sawn Wood ($1.74M), and Electrical Resistors ($1.46M). Over the past 5 years the exports of Croatia to Indonesia have decreased at an annualized rate of 8.6%, from $20.4M in 2017 to $13M in 2022.

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 2022, Indonesia exported $151M to Croatia. The main products that Indonesia exported to Croatia were Coal Briquettes ($63.4M), Tissue ($14.9M), and Passenger and Cargo Ships ($10.7M). Over the past 5 years the exports of Indonesia to Croatia have increased at an annualized rate of 28%,  from $43.8M in 2017 to $151M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $13M to Indonesia. The main products exported from Croatia to Indonesia were Excavation Machinery ($4.03M), Sawn Wood ($1.74M), and Electrical Resistors ($1.46M). During the last 5 years the exports of Croatia to Indonesia have decreased at an annualized rate of 8.6%, from $20.4M in 2017 to $13M in 2022.

In 2017, Indonesia exported $151M to Croatia. The main products exported from Indonesia to Croatia were Coal Briquettes ($63.4M), Tissue ($14.9M), and Passenger and Cargo Ships ($10.7M). During the last 5 years the exports of Indonesia to Croatia have increased at an annualized rate of 28%, from $43.8M in 2022 to $151M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Indonesia (Flag)

Croatia Exports

Indonesia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Indonesia
Top DestinationChina$67.7B

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 2022, countries that imported more from Croatia than Indonesia included Slovenia ($2.87B), Hungary ($2.65B), and Bosnia and Herzegovina ($2.45B).

In 2022, countries that imported more from Indonesia than Croatia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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 2022, Croatia had a large net trade with Indonesia in the exports of Machines ($8.09M), Wood Products ($1.92M), and Metals ($911k).

During 2017, Indonesia had a large net trade with Croatia in the exports of Mineral Products ($63.4M), Animal and Vegetable Bi-Products ($22.5M), and Paper Goods ($20.8M).

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) (2022)

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