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2023
Flag → Flag
Exports $6.21MRnk 85 / 191
2023
Flag → Flag
Top Product $2.97MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $5.62MRnk 51 / 130
2023
Flag → Flag
Top Product $2.01MOther Cast Iron Products
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Croatia-Iran Trade: In 2023, Croatia exported $6.21M to Iran. The main products that Croatia exported to Iran were Vaccines, blood, antisera, toxins and cultures ($2.97M), Raw Tobacco ($1.86M), and Animal Food ($381k). Over the past 5 years the exports of Croatia to Iran have decreased at an annualized rate of 4.62%, from $7.87M in 2018 to $6.21M in 2023.

In 2009, Croatia exported services to Iran worth -$12.8M, with Other business services (-$282k), Financial services (-$288k), and Insurance services (-$1.64M) being the largest in terms of value.

Iran-Croatia Trade: In 2023, Iran exported $5.62M to Croatia. The main products that Iran exported to Croatia were Other Cast Iron Products ($2.01M), Styrene Polymers ($826k), and Tropical Fruits ($693k). Over the past 5 years the exports of Iran to Croatia have decreased at an annualized rate of 40.7%,  from $76.8M in 2018 to $5.62M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $6.21M to Iran. The main products exported from Croatia to Iran were Vaccines, blood, antisera, toxins and cultures ($2.97M), Raw Tobacco ($1.86M), and Animal Food ($381k). During the last 5 years the exports of Croatia to Iran have decreased at an annualized rate of 4.62%, from $7.87M in 2018 to $6.21M in 2023.

In 2018, Iran exported $5.62M to Croatia. The main products exported from Iran to Croatia were Other Cast Iron Products ($2.01M), Styrene Polymers ($826k), and Tropical Fruits ($693k). During the last 5 years the exports of Iran to Croatia have decreased at an annualized rate of 40.7%, from $76.8M in 2023 to $5.62M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Iran (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Croatia included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

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

Comparative Advantage Croatia - Iran

Flow
Scale

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

During 2023, Croatia had a large net trade with Iran in the exports of Chemical Products ($3.44M), Foodstuffs ($2.24M), and Machines ($446k).

During 2018, Iran had a large net trade with Croatia in the exports of Metals ($2.4M), Vegetable Products ($1.45M), and Plastics and Rubbers ($828k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Iran+$1.77MVaccines, blood, antisera, toxins and cultures
Top Product Potential Iran Croatia+$1.68MEthylene Polymers

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

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

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