2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Croatia-Nigeria Trade: In 2023, Croatia exported $12.4M to Nigeria. The main products that Croatia exported to Nigeria were Prefabricated Buildings ($5.46M), Electric Motor Parts ($1.85M), and Knives ($823k). Over the past 5 years the exports of Croatia to Nigeria have increased at an annualized rate of 7.76%, from $8.54M in 2018 to $12.4M in 2023.

In 2020, Croatia exported services to Nigeria worth $800k, with Computer and information services ($800k) being the largest in terms of value.

Nigeria-Croatia Trade: In 2023, Nigeria exported $69.9M to Croatia. The main products that Nigeria exported to Croatia were Petroleum Gas ($42M), Crude Petroleum ($24.7M), and Wood Charcoal ($1.32M). Over the past 5 years the exports of Nigeria to Croatia have increased at an annualized rate of 143%,  from $831k in 2018 to $69.9M in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $12.4M to Nigeria. The main products exported from Croatia to Nigeria were Prefabricated Buildings ($5.46M), Electric Motor Parts ($1.85M), and Knives ($823k). During the last 5 years the exports of Croatia to Nigeria have increased at an annualized rate of 7.76%, from $8.54M in 2018 to $12.4M in 2023.

In 2018, Nigeria exported $69.9M to Croatia. The main products exported from Nigeria to Croatia were Petroleum Gas ($42M), Crude Petroleum ($24.7M), and Wood Charcoal ($1.32M). During the last 5 years the exports of Nigeria to Croatia have increased at an annualized rate of 143%, from $831k in 2023 to $69.9M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Nigeria (Flag)

Croatia Exports

Nigeria Exports

Date

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Croatia than Nigeria included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

In 2023, countries that imported more from Nigeria than Croatia included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Croatia - Nigeria

Flow
Scale

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

During 2023, Croatia had a large net trade with Nigeria in the exports of Miscellaneous ($5.57M), Machines ($4.8M), and Metals ($1.12M).

During 2018, Nigeria had a large net trade with Croatia in the exports of Mineral Products ($66.7M), Wood Products ($1.32M), and Plastics and Rubbers ($1.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Nigeria+$2.23MElectrical Transformers
Top Product Potential Nigeria Croatia+$21MPetroleum Gas

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

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

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