Croatia (HRV) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

About

Croatia-North Macedonia Trade: In 2023, Croatia exported $166M to North Macedonia. The main products that Croatia exported to North Macedonia were Planes, Helicopters, and/or Spacecraft ($9.37M), Insulated Wire ($8.6M), and Glass Bottles ($8.1M). Over the past 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 5.01%, from $130M in 2018 to $166M in 2023.

In 2023, Croatia did not export any services to North Macedonia.

North Macedonia-Croatia Trade: In 2023, North Macedonia exported $140M to Croatia. The main products that North Macedonia exported to Croatia were Hot-Rolled Iron ($11.3M), Baked Goods ($9.58M), and Other Processed Vegetables ($9.44M). Over the past 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 5.07%, from $104M in 2018 to $140M in 2023.

In 2023, North Macedonia 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, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Croatia exported $166M to North Macedonia. The main products exported from Croatia to North Macedonia were Planes, Helicopters, and/or Spacecraft ($9.37M), Insulated Wire ($8.6M), and Glass Bottles ($8.1M). During the last 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 5.01%, from $130M in 2018 to $166M in 2023.

In 2018, North Macedonia exported $140M to Croatia. The main products exported from North Macedonia to Croatia were Hot-Rolled Iron ($11.3M), Baked Goods ($9.58M), and Other Processed Vegetables ($9.44M). During the last 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 5.07%, from $104M in 2023 to $140M in 2018.

Exports from Croatia () to North Macedonia () (2023)

Exports from North Macedonia () to Croatia () (2023)

Latest Data

Trade between Croatia () and North Macedonia ()

Croatia Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.05B

North Macedonia
Top DestinationGermany$4B

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

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

In 2023, countries that imported more from North Macedonia than Croatia included Germany ($4B), Bulgaria ($566M), and Greece ($542M).

Difference in imports from North Macedonia () and Croatia () (2023)

Comparative Advantage Croatia - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Croatia had a large net trade with North Macedonia in the exports of Foodstuffs ($36.2M), Machines ($30.7M), and Chemical Products ($24.2M).

During 2018, North Macedonia had a large net trade with Croatia in the exports of Foodstuffs ($39.8M), Metals ($35.3M), and Plastics and Rubbers ($12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia North Macedonia+$1.32MInsulated Wire

Top Product Potential North Macedonia Croatia+$2.09MInsulated Wire

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Croatia and North Macedonia. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Croatia.

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to North Macedonia () (2023)

Exports from North Macedonia () to Croatia () (2023)

Latest Data

Trade between Croatia () and North Macedonia ()

Croatia Exports

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Croatia () (2023)

Comparative Advantage Croatia - North Macedonia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Croatia () and North Macedonia () (2023)

Keep Exploring