2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Croatia-Iran Trade: In 2022, Croatia exported $5.43M to Iran. The main products that Croatia exported to Iran were Vaccines, blood, antisera, toxins and cultures ($2.35M), Raw Tobacco ($2.02M), and Packaged Medicaments ($346k). Over the past 5 years the exports of Croatia to Iran have decreased at an annualized rate of 3.89%, from $6.63M in 2017 to $5.43M in 2022.

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 2022, Iran exported $6.07M to Croatia. The main products that Iran exported to Croatia were Other Cast Iron Products ($1.87M), Styrene Polymers ($999k), and Ethylene Polymers ($923k). Over the past 5 years the exports of Iran to Croatia have decreased at an annualized rate of 36%,  from $56.3M in 2017 to $6.07M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $5.43M to Iran. The main products exported from Croatia to Iran were Vaccines, blood, antisera, toxins and cultures ($2.35M), Raw Tobacco ($2.02M), and Packaged Medicaments ($346k). During the last 5 years the exports of Croatia to Iran have decreased at an annualized rate of 3.89%, from $6.63M in 2017 to $5.43M in 2022.

In 2017, Iran exported $6.07M to Croatia. The main products exported from Iran to Croatia were Other Cast Iron Products ($1.87M), Styrene Polymers ($999k), and Ethylene Polymers ($923k). During the last 5 years the exports of Iran to Croatia have decreased at an annualized rate of 36%, from $56.3M in 2022 to $6.07M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Iran (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Iran
Top Destination
China$5.72B

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 2022, countries that imported more from Croatia than Iran included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2022, countries that imported more from Iran than Croatia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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 2022, Croatia had a large net trade with Iran in the exports of Chemical Products ($2.75M), Foodstuffs ($2.24M), and Machines ($279k).

During 2017, Iran had a large net trade with Croatia in the exports of Metals ($2.3M), Plastics and Rubbers ($1.92M), and Vegetable Products ($1.39M).

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) (2022)

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