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2022
Flag → Flag
Exports $1.93MRnk 104 / 182
2022
Flag → Flag
Top Product $1.42MElectrical Control Boards
2022
Flag → Flag
Exports $4.64MRnk 104 / 194
2022
Flag → Flag
Top Product $1.1MCoconut Oil
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Croatia-Sri Lanka Trade: In 2022, Croatia exported $1.93M to Sri Lanka. The main products that Croatia exported to Sri Lanka were Electrical Control Boards ($1.42M), Air Conditioners ($128k), and Perfume Plants ($117k). Over the past 5 years the exports of Croatia to Sri Lanka have increased at an annualized rate of 25.9%, from $611k in 2017 to $1.93M in 2022.

In 2022, Croatia did not export any services to Sri Lanka.

Sri Lanka-Croatia Trade: In 2022, Sri Lanka exported $4.64M to Croatia. The main products that Sri Lanka exported to Croatia were Coconut Oil ($1.1M), Knit Gloves ($1.06M), and Electrical Power Accessories ($434k). Over the past 5 years the exports of Sri Lanka to Croatia have increased at an annualized rate of 7.96%,  from $1.59M in 2017 to $4.64M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $1.93M to Sri Lanka. The main products exported from Croatia to Sri Lanka were Electrical Control Boards ($1.42M), Air Conditioners ($128k), and Perfume Plants ($117k). During the last 5 years the exports of Croatia to Sri Lanka have increased at an annualized rate of 25.9%, from $611k in 2017 to $1.93M in 2022.

In 2017, Sri Lanka exported $4.64M to Croatia. The main products exported from Sri Lanka to Croatia were Coconut Oil ($1.1M), Knit Gloves ($1.06M), and Electrical Power Accessories ($434k). During the last 5 years the exports of Sri Lanka to Croatia have increased at an annualized rate of 7.96%, from $1.59M in 2022 to $4.64M in 2017.

Exports from Croatia (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Croatia (Flag) (2022)

Latest Data

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

Croatia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Sri Lanka
Top DestinationUnited States$3.52B

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 2022, countries that imported more from Croatia than Sri Lanka included Slovenia ($2.87B), Italy ($3.44B), and Hungary ($2.65B).

In 2022, countries that imported more from Sri Lanka than Croatia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Croatia (Flag) (2022)

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 2022, Croatia had a large net trade with Sri Lanka in the exports of Machines ($1.67M), Vegetable Products ($117k), and Plastics and Rubbers ($74.4k).

During 2017, Sri Lanka had a large net trade with Croatia in the exports of Textiles ($1.98M), Machines ($1.27M), and Animal and Vegetable Bi-Products ($1.1M).

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) (2022)

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