2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Croatia-Turkey Trade: In 2022, Croatia exported $423M to Turkey. The main products that Croatia exported to Turkey were Scrap Iron ($223M), Semiconductor Devices ($19.6M), and Nonaqueous Paints ($17.3M). Over the past 5 years the exports of Croatia to Turkey have increased at an annualized rate of 16%, from $201M in 2017 to $423M in 2022.

In 2020, Croatia exported services to Turkey worth $8.57M, with Transportation ($2.63M), Travel ($2.17M), and Computer and information services ($1.14M) being the largest in terms of value.

Turkey-Croatia Trade: In 2022, Turkey exported $700M to Croatia. The main products that Turkey exported to Croatia were Refined Petroleum ($40M), Insulated Wire ($26.8M), and Cars ($24.6M). Over the past 5 years the exports of Turkey to Croatia have increased at an annualized rate of 10.7%,  from $345M in 2017 to $700M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $423M to Turkey. The main products exported from Croatia to Turkey were Scrap Iron ($223M), Semiconductor Devices ($19.6M), and Nonaqueous Paints ($17.3M). During the last 5 years the exports of Croatia to Turkey have increased at an annualized rate of 16%, from $201M in 2017 to $423M in 2022.

In 2017, Turkey exported $700M to Croatia. The main products exported from Turkey to Croatia were Refined Petroleum ($40M), Insulated Wire ($26.8M), and Cars ($24.6M). During the last 5 years the exports of Turkey to Croatia have increased at an annualized rate of 10.7%, from $345M in 2022 to $700M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Turkey (Flag)

Croatia Exports

Turkey Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Turkey
Top Destination
Germany$21.9B

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

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

In 2022, countries that imported more from Turkey than Croatia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Croatia - Turkey

Flow
Scale

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

During 2022, Croatia had a large net trade with Turkey in the exports of Metals ($234M), Machines ($62.2M), and Chemical Products ($34.2M).

During 2017, Turkey had a large net trade with Croatia in the exports of Machines ($171M), Metals ($130M), and Textiles ($78.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Turkey+$7.86MVaccines, blood, antisera, toxins and cultures
Top Product Potential Turkey Croatia+$34MRefined Petroleum

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

Product Space of Croatia (Flag) and Turkey (Flag) (2022)

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