2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 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
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Croatia-Ukraine Trade: In 2023, Croatia exported $85.1M to Ukraine. The main products that Croatia exported to Ukraine were Packaged Medicaments ($15.1M), Machinery Having Individual Functions ($12.8M), and Shaving Products ($7.67M). Over the past 5 years the exports of Croatia to Ukraine have increased at an annualized rate of 11.4%, from $49.7M in 2018 to $85.1M in 2023.

In 2009, Croatia exported services to Ukraine worth $47.3M, with Services not allocated ($17.2M), Travel ($12M), and Insurance services ($5.43M) being the largest in terms of value.

Ukraine-Croatia Trade: In 2023, Ukraine exported $102M to Croatia. The main products that Ukraine exported to Croatia were Corn ($27M), Raw Sugar ($17.1M), and Wheat Flours ($3.83M). Over the past 5 years the exports of Ukraine to Croatia have increased at an annualized rate of 22%,  from $37.6M in 2018 to $102M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Croatia exported $85.1M to Ukraine. The main products exported from Croatia to Ukraine were Packaged Medicaments ($15.1M), Machinery Having Individual Functions ($12.8M), and Shaving Products ($7.67M). During the last 5 years the exports of Croatia to Ukraine have increased at an annualized rate of 11.4%, from $49.7M in 2018 to $85.1M in 2023.

In 2018, Ukraine exported $102M to Croatia. The main products exported from Ukraine to Croatia were Corn ($27M), Raw Sugar ($17.1M), and Wheat Flours ($3.83M). During the last 5 years the exports of Ukraine to Croatia have increased at an annualized rate of 22%, from $37.6M in 2023 to $102M in 2018.

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

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

Latest Data

Trade between Croatia (Flag) and Ukraine (Flag)

Croatia Exports

Ukraine Exports

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.05B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Croatia than Ukraine included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Italy ($3.05B).

In 2023, countries that imported more from Ukraine than Croatia included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Croatia - Ukraine

Flow
Scale

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

During 2023, Croatia had a large net trade with Ukraine in the exports of Machines ($30.2M), Chemical Products ($25.8M), and Mineral Products ($10.3M).

During 2018, Ukraine had a large net trade with Croatia in the exports of Vegetable Products ($41.1M), Foodstuffs ($20.8M), and Machines ($10.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Ukraine+$9.58MRefined Petroleum
Top Product Potential Ukraine Croatia+$4.7MCorn

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

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

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