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Pricing

2023
Flag → Flag
Exports $50.7kRnk 168 / 191
2023
Flag → Flag
Top Product $44.6kGas and Liquid Flow Measuring Instruments
2023
Flag → Flag
Exports $159kRnk 53 / 111
2023
Flag → Flag
Top Product $67.2kTrunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 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$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Croatia-Nepal Trade: In 2023, Croatia exported $50.7k to Nepal. The main products that Croatia exported to Nepal were Gas and Liquid Flow Measuring Instruments ($44.6k), Navigation Equipment ($3.5k), and Sports Equipment ($2.57k). Over the past 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 23.1%, from $188k in 2018 to $50.7k in 2023.

In 2023, Croatia did not export any services to Nepal.

Nepal-Croatia Trade: In 2023, Nepal exported $159k to Croatia. The main products that Nepal exported to Croatia were Trunks and Cases ($67.2k), Non-Knit Men's Suits ($20.8k), and Other Headwear ($18.4k). Over the past 5 years the exports of Nepal to Croatia have increased at an annualized rate of 1.39%,  from $140k in 2018 to $159k in 2023.

In 2023, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $50.7k to Nepal. The main products exported from Croatia to Nepal were Gas and Liquid Flow Measuring Instruments ($44.6k), Navigation Equipment ($3.5k), and Sports Equipment ($2.57k). During the last 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 23.1%, from $188k in 2018 to $50.7k in 2023.

In 2018, Nepal exported $159k to Croatia. The main products exported from Nepal to Croatia were Trunks and Cases ($67.2k), Non-Knit Men's Suits ($20.8k), and Other Headwear ($18.4k). During the last 5 years the exports of Nepal to Croatia have increased at an annualized rate of 1.39%, from $140k in 2023 to $159k in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Nepal (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Nepal
Top DestinationIndia$811M

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

In 2023, countries that imported more from Croatia than Nepal included Italy ($3.05B), Germany ($2.58B), and Slovenia ($2.45B).

In 2023, countries that imported more from Nepal than Croatia included India ($811M), Brunei ($113k), and Lesotho ($16.2k).

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

Comparative Advantage Croatia - Nepal

Flow
Scale

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

During 2023, Croatia had a large net trade with Nepal in the exports of Instruments ($44.6k), Machines ($3.5k), and Miscellaneous ($2.57k).

During 2018, Nepal had a large net trade with Croatia in the exports of Animal Hides ($67.2k), Textiles ($51.2k), and Footwear and Headwear ($18.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Nepal+$14.3kLeather Footwear
Top Product Potential Nepal Croatia+$121kNon-Knit Women's Suits

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

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

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