Croatia / South Korea

Croatia-South Korea Trade: In 2023, Croatia exported $14.4M to South Korea. The main products that Croatia exported to South Korea were Machinery Having Individual Functions ($4.31M), Motor vehicles; parts and accessories (8701 to 8705) ($1.12M), and Musical Instrument Parts ($1.1M). Over the past 5 years the exports of Croatia to South Korea have decreased at an annualized rate of 20%, from $43.9M in 2018 to $14.4M in 2023.

In 2020, Croatia exported services to South Korea worth $10.5M, with Other business services ($5.6M), Travel ($3.77M), and Transportation ($457k) being the largest in terms of value.

South Korea-Croatia Trade: In 2023, South Korea exported $70.5M to Croatia. The main products that South Korea exported to Croatia were Vaccines, blood, antisera, toxins and cultures ($9.62M), Cars ($7.49M), and Large Construction Vehicles ($5.59M). Over the past 5 years the exports of South Korea to Croatia have decreased at an annualized rate of 22.1%,  from $246M in 2018 to $70.5M in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).