2023
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GDP
$84.4BCURRENT US$
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2013-2023
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GDP GROWTH
41%CURRENT US$
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2023
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 GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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GDP PC 
$21,865CURRENT US$
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2013-2023
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GDP PC GROWTH
54.7%CURRENT US$
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2023
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GDP PC
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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About

Croatia-Israel Trade: In 2023, Croatia exported $54.7M to Israel. The main products that Croatia exported to Israel were Packaged Medicaments ($16.6M), Bovine ($8.79M), and Gas Turbines ($6.42M). Over the past 5 years the exports of Croatia to Israel have increased at an annualized rate of 2.1%, from $49.3M in 2018 to $54.7M in 2023.

In 2009, Croatia exported services to Israel worth $25.8M, with Transportation ($7.66M), Services not allocated ($7.33M), and Insurance services ($3.76M) being the largest in terms of value.

Israel-Croatia Trade: In 2023, Israel exported $35.6M to Croatia. The main products that Israel exported to Croatia were Plastic Lids ($3.84M), Centrifuges ($3.82M), and Packaged Medicaments ($3.64M). Over the past 5 years the exports of Israel to Croatia have increased at an annualized rate of 3.46%,  from $30M in 2018 to $35.6M in 2023.

In 2012, Israel exported services to Croatia worth $4.45M, with Computer and information services ($4.45M) being the largest in terms of value.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $54.7M to Israel. The main products exported from Croatia to Israel were Packaged Medicaments ($16.6M), Bovine ($8.79M), and Gas Turbines ($6.42M). During the last 5 years the exports of Croatia to Israel have increased at an annualized rate of 2.1%, from $49.3M in 2018 to $54.7M in 2023.

In 2018, Israel exported $35.6M to Croatia. The main products exported from Israel to Croatia were Plastic Lids ($3.84M), Centrifuges ($3.82M), and Packaged Medicaments ($3.64M). During the last 5 years the exports of Israel to Croatia have increased at an annualized rate of 3.46%, from $30M in 2023 to $35.6M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Israel (Flag)

Croatia Exports

Israel Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Croatia than Israel included Slovenia ($2.45B), Italy ($3.05B), and Bosnia and Herzegovina ($1.3B).

In 2023, countries that imported more from Israel than Croatia included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Croatia - Israel

Flow
Scale

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

During 2023, Croatia had a large net trade with Israel in the exports of Chemical Products ($18.8M), Machines ($11.4M), and Animal Products ($9M).

During 2018, Israel had a large net trade with Croatia in the exports of Chemical Products ($10.6M), Machines ($8.74M), and Plastics and Rubbers ($5.46M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Israel+$5.73MRefined Petroleum
Top Product Potential Israel Croatia+$2.18MPackaged Medicaments

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

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

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