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2023
Flag → Flag
Exports $83.4MRnk 37 / 191
2023
Flag → Flag
Top Product $16.7MSawn Wood
2023
Flag → Flag
Exports $9.47MRnk 123 / 182
2023
Flag → Flag
Top Product $4.45MEthylene Polymers
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Croatia-Saudi Arabia Trade: In 2023, Croatia exported $83.4M to Saudi Arabia. The main products that Croatia exported to Saudi Arabia were Sawn Wood ($16.7M), Machinery Having Individual Functions ($13.8M), and Animal Food ($11.7M). Over the past 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 7.43%, from $123M in 2018 to $83.4M in 2023.

In 2023, Croatia did not export any services to Saudi Arabia.

Saudi Arabia-Croatia Trade: In 2023, Saudi Arabia exported $9.47M to Croatia. The main products that Saudi Arabia exported to Croatia were Ethylene Polymers ($4.45M), Refined Petroleum ($2.17M), and Raw Sugar ($1.05M). Over the past 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 31.6%,  from $63.1M in 2018 to $9.47M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $83.4M to Saudi Arabia. The main products exported from Croatia to Saudi Arabia were Sawn Wood ($16.7M), Machinery Having Individual Functions ($13.8M), and Animal Food ($11.7M). During the last 5 years the exports of Croatia to Saudi Arabia have decreased at an annualized rate of 7.43%, from $123M in 2018 to $83.4M in 2023.

In 2018, Saudi Arabia exported $9.47M to Croatia. The main products exported from Saudi Arabia to Croatia were Ethylene Polymers ($4.45M), Refined Petroleum ($2.17M), and Raw Sugar ($1.05M). During the last 5 years the exports of Saudi Arabia to Croatia have decreased at an annualized rate of 31.6%, from $63.1M in 2023 to $9.47M in 2018.

Exports from Croatia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Croatia (Flag) (2023)

Latest Data

Trade between Croatia (Flag) and Saudi Arabia (Flag)

Croatia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Saudi Arabia
Top DestinationChina$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Croatia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Croatia (Flag) (2023)

Comparative Advantage Croatia - Saudi Arabia

Flow
Scale

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

During 2023, Croatia had a large net trade with Saudi Arabia in the exports of Machines ($26.4M), Wood Products ($17.5M), and Foodstuffs ($16M).

During 2018, Saudi Arabia had a large net trade with Croatia in the exports of Plastics and Rubbers ($5.89M), Mineral Products ($2.17M), and Foodstuffs ($1.06M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Saudi Arabia+$2.65MSawn Wood
Top Product Potential Saudi Arabia Croatia+$5.71MEthylene Polymers

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

Product Space of Croatia (Flag) and Saudi Arabia (Flag) (2023)

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