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2023
Flag → Flag
Exports $483kRnk 132 / 191
2023
Flag → Flag
Top Product $122kPerfume Plants
2023
Flag → Flag
Exports $13.7MRnk 70 / 200
2023
Flag → Flag
Top Product $3.06MOscilloscopes
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Croatia-Sri Lanka Trade: In 2023, Croatia exported $483k to Sri Lanka. The main products that Croatia exported to Sri Lanka were Perfume Plants ($122k), Scrap Rubber ($107k), and Electrical Resistors ($60.2k). Over the past 5 years the exports of Croatia to Sri Lanka have decreased at an annualized rate of 4.77%, from $617k in 2018 to $483k in 2023.

In 2023, Croatia did not export any services to Sri Lanka.

Sri Lanka-Croatia Trade: In 2023, Sri Lanka exported $13.7M to Croatia. The main products that Sri Lanka exported to Croatia were Oscilloscopes ($3.06M), Knit Men's Undergarments ($2.05M), and Liquid Pumps ($1.23M). Over the past 5 years the exports of Sri Lanka to Croatia have increased at an annualized rate of 46.7%,  from $2.02M in 2018 to $13.7M in 2023.

In 2023, Sri Lanka 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, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $483k to Sri Lanka. The main products exported from Croatia to Sri Lanka were Perfume Plants ($122k), Scrap Rubber ($107k), and Electrical Resistors ($60.2k). During the last 5 years the exports of Croatia to Sri Lanka have decreased at an annualized rate of 4.77%, from $617k in 2018 to $483k in 2023.

In 2018, Sri Lanka exported $13.7M to Croatia. The main products exported from Sri Lanka to Croatia were Oscilloscopes ($3.06M), Knit Men's Undergarments ($2.05M), and Liquid Pumps ($1.23M). During the last 5 years the exports of Sri Lanka to Croatia have increased at an annualized rate of 46.7%, from $2.02M in 2023 to $13.7M in 2018.

Exports from Croatia (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Sri Lanka (Flag)

Croatia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Croatia than Sri Lanka included Slovenia ($2.45B), Italy ($3.05B), and Germany ($2.58B).

In 2023, countries that imported more from Sri Lanka than Croatia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Sri Lanka

Flow
Scale

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

During 2023, Croatia had a large net trade with Sri Lanka in the exports of Machines ($181k), Vegetable Products ($122k), and Plastics and Rubbers ($113k).

During 2018, Sri Lanka had a large net trade with Croatia in the exports of Textiles ($8.28M), Instruments ($3.06M), and Machines ($1.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Sri Lanka+$126kAir Conditioners
Top Product Potential Sri Lanka Croatia+$379kOther Women's Undergarments

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

Product Space of Croatia (Flag) and Sri Lanka (Flag) (2023)

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