Croatia (HRV) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Croatia-Iraq Trade: In 2023, Croatia exported $12.6M to Iraq. The main products that Croatia exported to Iraq were Prefabricated Buildings ($4.01M), Electrical Transformers ($3.76M), and Raw Tobacco ($1.17M). Over the past 5 years the exports of Croatia to Iraq have decreased at an annualized rate of 22.1%, from $44.2M in 2018 to $12.6M in 2023.

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

Iraq-Croatia Trade: In 2023, Iraq exported $277k to Croatia. The main products that Iraq exported to Croatia were Other Vegetables ($276k) and Other Measuring Instruments ($882). Over the past 5 years the exports of Iraq to Croatia have decreased at an annualized rate of 77.4%, from $468M in 2018 to $277k in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Croatia exported $12.6M to Iraq. The main products exported from Croatia to Iraq were Prefabricated Buildings ($4.01M), Electrical Transformers ($3.76M), and Raw Tobacco ($1.17M). During the last 5 years the exports of Croatia to Iraq have decreased at an annualized rate of 22.1%, from $44.2M in 2018 to $12.6M in 2023.

In 2018, Iraq exported $277k to Croatia. The main products exported from Iraq to Croatia were Other Vegetables ($276k) and Other Measuring Instruments ($882). During the last 5 years the exports of Iraq to Croatia have decreased at an annualized rate of 77.4%, from $468M in 2023 to $277k in 2018.

Exports from Croatia () to Iraq () (2023)

Exports from Iraq () to Croatia () (2023)

Latest Data

Trade between Croatia () and Iraq ()

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

Iraq
Top DestinationChina$35.5B

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

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

In 2023, countries that imported more from Iraq than Croatia included China ($35.5B), India ($29.8B), and United States ($8.92B).

Difference in imports from Iraq () and Croatia () (2023)

Comparative Advantage Croatia - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with Iraq in the exports of Machines ($5.6M), Miscellaneous ($4.03M), and Foodstuffs ($2.23M).

During 2018, Iraq had a large net trade with Croatia in the exports of Vegetable Products ($276k) and Instruments ($882).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Iraq+$601kPackaged Medicaments

Top Product Potential Iraq Croatia+$9.82kCrude Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Croatia and Iraq. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Croatia.

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to Iraq () (2023)

Exports from Iraq () to Croatia () (2023)

Latest Data

Trade between Croatia () and Iraq ()

Croatia Exports

Market Competitiveness

Difference in imports from Iraq () and Croatia () (2023)

Comparative Advantage Croatia - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Croatia () and Iraq () (2023)

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