2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Croatia-Sweden Trade: In 2022, Croatia exported $229M to Sweden. The main products that Croatia exported to Sweden were Vaccines, blood, antisera, toxins and cultures ($52.1M), Electrical Transformers ($35M), and Refrigerators ($7.71M). Over the past 5 years the exports of Croatia to Sweden have increased at an annualized rate of 10.9%, from $136M in 2017 to $229M in 2022.

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 2022, Sweden exported $249M to Croatia. The main products that Sweden exported to Croatia were Vaccines, blood, antisera, toxins and cultures ($38.5M), Tractors ($17.8M), and Broadcasting Equipment ($11.6M). Over the past 5 years the exports of Sweden to Croatia have increased at an annualized rate of 14.1%,  from $129M in 2017 to $249M in 2022.

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 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $229M to Sweden. The main products exported from Croatia to Sweden were Vaccines, blood, antisera, toxins and cultures ($52.1M), Electrical Transformers ($35M), and Refrigerators ($7.71M). During the last 5 years the exports of Croatia to Sweden have increased at an annualized rate of 10.9%, from $136M in 2017 to $229M in 2022.

In 2017, Sweden exported $249M to Croatia. The main products exported from Sweden to Croatia were Vaccines, blood, antisera, toxins and cultures ($38.5M), Tractors ($17.8M), and Broadcasting Equipment ($11.6M). During the last 5 years the exports of Sweden to Croatia have increased at an annualized rate of 14.1%, from $129M in 2022 to $249M in 2017.

Exports from Croatia (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Croatia (Flag) (2022)

Latest Data

Trade between Croatia (Flag) and Sweden (Flag)

Croatia Exports

Sweden Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Sweden
Top Destination
Germany$19.2B

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 2022, countries that imported more from Croatia than Sweden included Slovenia ($2.87B), Bosnia and Herzegovina ($2.45B), and Hungary ($2.65B).

In 2022, countries that imported more from Sweden than Croatia included Norway ($18.7B), United States ($17.8B), and Germany ($19.2B).

Difference in imports from Sweden (Flag) and Croatia (Flag) (2022)

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 2022, Croatia had a large net trade with Sweden in the exports of Machines ($63M), Chemical Products ($57.8M), and Wood Products ($23M).

During 2017, Sweden had a large net trade with Croatia in the exports of Machines ($77.9M), Chemical Products ($54.9M), and Transportation ($36.6M).

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) (2022)

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