2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Croatia-Norway Trade: In 2023, Croatia exported $94.6M to Norway. The main products that Croatia exported to Norway were Electrical Transformers ($21.2M), Other Sea Vessels ($13.3M), and Fishing Ships ($8.02M). Over the past 5 years the exports of Croatia to Norway have decreased at an annualized rate of 2.82%, from $109M in 2018 to $94.6M in 2023.

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Norway-Croatia Trade: In 2023, Norway exported $239M to Croatia. The main products that Norway exported to Croatia were Crude Petroleum ($180M), Raw Aluminium ($24.4M), and Dried/Salted/Smoked/Brined Fish ($6.38M). Over the past 5 years the exports of Norway to Croatia have increased at an annualized rate of 22.8%,  from $85.4M in 2018 to $239M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $94.6M to Norway. The main products exported from Croatia to Norway were Electrical Transformers ($21.2M), Other Sea Vessels ($13.3M), and Fishing Ships ($8.02M). During the last 5 years the exports of Croatia to Norway have decreased at an annualized rate of 2.82%, from $109M in 2018 to $94.6M in 2023.

In 2018, Norway exported $239M to Croatia. The main products exported from Norway to Croatia were Crude Petroleum ($180M), Raw Aluminium ($24.4M), and Dried/Salted/Smoked/Brined Fish ($6.38M). During the last 5 years the exports of Norway to Croatia have increased at an annualized rate of 22.8%, from $85.4M in 2023 to $239M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Norway (Flag)

Croatia Exports

Norway Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Norway
Top Destination
Germany$33.8B

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

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

In 2023, countries that imported more from Norway than Croatia included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

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

Comparative Advantage Croatia - Norway

Flow
Scale

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

During 2023, Croatia had a large net trade with Norway in the exports of Machines ($34.2M), Transportation ($22.7M), and Metals ($12.6M).

During 2018, Norway had a large net trade with Croatia in the exports of Mineral Products ($180M), Metals ($27.3M), and Machines ($17.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Norway+$2.28MRefined Petroleum
Top Product Potential Norway Croatia+$903kTelephones

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

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

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