2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Croatia-Kuwait Trade: In 2022, Croatia exported $17.7M to Kuwait. The main products that Croatia exported to Kuwait were Sawn Wood ($8.11M), Chocolate ($2.36M), and Excavation Machinery ($1.14M). Over the past 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 15%, from $8.81M in 2017 to $17.7M in 2022.

In 2022, Croatia did not export any services to Kuwait.

Kuwait-Croatia Trade: In 2022, Kuwait exported $408k to Croatia. The main products that Kuwait exported to Croatia were Cars ($257k), Other Domestic Electric Housewares ($71.2k), and Awnings, Tents, and Sails ($21.1k). Over the past 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 0.91%,  from $427k in 2017 to $408k in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $17.7M to Kuwait. The main products exported from Croatia to Kuwait were Sawn Wood ($8.11M), Chocolate ($2.36M), and Excavation Machinery ($1.14M). During the last 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 15%, from $8.81M in 2017 to $17.7M in 2022.

In 2017, Kuwait exported $408k to Croatia. The main products exported from Kuwait to Croatia were Cars ($257k), Other Domestic Electric Housewares ($71.2k), and Awnings, Tents, and Sails ($21.1k). During the last 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 0.91%, from $427k in 2022 to $408k in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Kuwait (Flag)

Croatia Exports

Kuwait Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Croatia than Kuwait included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

In 2022, countries that imported more from Kuwait than Croatia included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Croatia - Kuwait

Flow
Scale

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

During 2022, Croatia had a large net trade with Kuwait in the exports of Wood Products ($8.12M), Machines ($3.01M), and Foodstuffs ($2.61M).

During 2017, Kuwait had a large net trade with Croatia in the exports of Transportation ($257k), Machines ($71.2k), and Textiles ($26.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Kuwait+$872kChocolate
Top Product Potential Kuwait Croatia+$807kCars

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

Product Space of Croatia (Flag) and Kuwait (Flag) (2022)

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