2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Croatia-Sweden Trade: In 2023, Croatia exported $210M to Sweden. The main products that Croatia exported to Sweden were Electrical Transformers ($45.9M), Vaccines, blood, antisera, toxins and cultures ($37M), and Veneer Sheets ($7.74M). Over the past 5 years the exports of Croatia to Sweden have increased at an annualized rate of 11.5%, from $122M in 2018 to $210M in 2023.

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

Sweden-Croatia Trade: In 2023, Sweden exported $294M to Croatia. The main products that Sweden exported to Croatia were Vaccines, blood, antisera, toxins and cultures ($32.3M), Cars ($16.8M), and Broadcasting Equipment ($15.9M). Over the past 5 years the exports of Sweden to Croatia have increased at an annualized rate of 12.7%,  from $162M in 2018 to $294M in 2023.

In 2020, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $210M to Sweden. The main products exported from Croatia to Sweden were Electrical Transformers ($45.9M), Vaccines, blood, antisera, toxins and cultures ($37M), and Veneer Sheets ($7.74M). During the last 5 years the exports of Croatia to Sweden have increased at an annualized rate of 11.5%, from $122M in 2018 to $210M in 2023.

In 2018, Sweden exported $294M to Croatia. The main products exported from Sweden to Croatia were Vaccines, blood, antisera, toxins and cultures ($32.3M), Cars ($16.8M), and Broadcasting Equipment ($15.9M). During the last 5 years the exports of Sweden to Croatia have increased at an annualized rate of 12.7%, from $162M in 2023 to $294M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Sweden (Flag)

Croatia Exports

Sweden Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from Croatia than Sweden included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Serbia ($1.15B).

In 2023, countries that imported more from Sweden than Croatia included United States ($18.1B), Germany ($18.4B), and Denmark ($14.4B).

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

Comparative Advantage Croatia - Sweden

Flow
Scale

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

During 2023, Croatia had a large net trade with Sweden in the exports of Machines ($68.6M), Chemical Products ($45.8M), and Foodstuffs ($27.1M).

During 2018, Sweden had a large net trade with Croatia in the exports of Machines ($104M), Transportation ($50.4M), and Chemical Products ($45.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Sweden+$7.27MPackaged Medicaments
Top Product Potential Sweden Croatia+$9.89MCars

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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Bilateral Service Trade

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

In 2020, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Croatia (Flag) to Sweden (Flag) (2020)

Services Exports from Sweden (Flag) to Croatia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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