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2023
Flag → Flag
Exports $56.3MRnk 44 / 191
2023
Flag → Flag
Top Product $27.8MCopper Ore
2023
Flag → Flag
Exports $40.4MRnk 123 / 221
2023
Flag → Flag
Top Product $8.99MRaw Aluminium
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Croatia-Malaysia Trade: In 2023, Croatia exported $56.3M to Malaysia. The main products that Croatia exported to Malaysia were Copper Ore ($27.8M), Styrene Polymers ($8.62M), and Explosive Ammunition ($6.33M). Over the past 5 years the exports of Croatia to Malaysia have increased at an annualized rate of 65.5%, from $4.54M in 2018 to $56.3M in 2023.

In 2020, Croatia exported services to Malaysia worth $457k, with Computer and information services ($343k) and Other business services ($114k) being the largest in terms of value.

Malaysia-Croatia Trade: In 2023, Malaysia exported $40.4M to Croatia. The main products that Malaysia exported to Croatia were Raw Aluminium ($8.99M), Fat and Oil Residues ($5.7M), and Stearic Acid ($4.57M). Over the past 5 years the exports of Malaysia to Croatia have decreased at an annualized rate of 3.29%,  from $47.7M in 2018 to $40.4M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $56.3M to Malaysia. The main products exported from Croatia to Malaysia were Copper Ore ($27.8M), Styrene Polymers ($8.62M), and Explosive Ammunition ($6.33M). During the last 5 years the exports of Croatia to Malaysia have increased at an annualized rate of 65.5%, from $4.54M in 2018 to $56.3M in 2023.

In 2018, Malaysia exported $40.4M to Croatia. The main products exported from Malaysia to Croatia were Raw Aluminium ($8.99M), Fat and Oil Residues ($5.7M), and Stearic Acid ($4.57M). During the last 5 years the exports of Malaysia to Croatia have decreased at an annualized rate of 3.29%, from $47.7M in 2023 to $40.4M in 2018.

Exports from Croatia (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Malaysia (Flag)

Croatia Exports

Malaysia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Croatia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Malaysia

Flow
Scale

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

During 2023, Croatia had a large net trade with Malaysia in the exports of Mineral Products ($28.7M), Plastics and Rubbers ($10.5M), and Weapons ($6.33M).

During 2018, Malaysia had a large net trade with Croatia in the exports of Animal and Vegetable Bi-Products ($13M), Metals ($9.43M), and Machines ($7.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Malaysia+$971kVaccines, blood, antisera, toxins and cultures
Top Product Potential Malaysia Croatia+$2.88MPalm Oil

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

Product Space of Croatia (Flag) and Malaysia (Flag) (2023)

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