Croatia (HRV) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Croatia-Oman Trade: In 2022, Croatia exported $22.8M to Oman. The main products that Croatia exported to Oman were Electrical Transformers ($17.4M), Sawn Wood ($1.12M), and Baked Goods ($825k). Over the past 5 years the exports of Croatia to Oman have increased at an annualized rate of 20.7%, from $8.92M in 2017 to $22.8M in 2022.

In 2022, Croatia did not export any services to Oman.

Oman-Croatia Trade: In 2022, Oman exported $6.16M to Croatia. The main products that Oman exported to Croatia were Nitrogenous Fertilizers ($5.77M), Polyacetals ($342k), and Insect Resins ($15k). Over the past 5 years the exports of Oman to Croatia have increased at an annualized rate of 69.8%, from $437k in 2017 to $6.16M in 2022.

In 2022, Oman did not export any services to Croatia.

Comparison: In 2022, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Croatia exported $22.8M to Oman. The main products exported from Croatia to Oman were Electrical Transformers ($17.4M), Sawn Wood ($1.12M), and Baked Goods ($825k). During the last 5 years the exports of Croatia to Oman have increased at an annualized rate of 20.7%, from $8.92M in 2017 to $22.8M in 2022.

In 2017, Oman exported $6.16M to Croatia. The main products exported from Oman to Croatia were Nitrogenous Fertilizers ($5.77M), Polyacetals ($342k), and Insect Resins ($15k). During the last 5 years the exports of Oman to Croatia have increased at an annualized rate of 69.8%, from $437k in 2022 to $6.16M in 2017.

Exports from Croatia () to Oman () (2022)

Exports from Oman () to Croatia () (2022)

Latest Data

Trade between Croatia () and Oman ()

Croatia Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Croatia than Oman included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

In 2022, countries that imported more from Oman than Croatia included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman () and Croatia () (2022)

Comparative Advantage Croatia - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Oman in the exports of Machines ($17.7M), Wood Products ($1.26M), and Foodstuffs ($1.05M).

During 2017, Oman had a large net trade with Croatia in the exports of Chemical Products ($5.78M), Plastics and Rubbers ($342k), and Vegetable Products ($15k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Oman+$1.93MRefined Petroleum

Top Product Potential Oman Croatia+$2.28MNitrogenous Fertilizers

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Oman () (2022)

Exports from Oman () to Croatia () (2022)

Latest Data

Trade between Croatia () and Oman ()

Croatia Exports

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Croatia () (2022)

Comparative Advantage Croatia - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Croatia () and Oman () (2022)

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