2022
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GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
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2022
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 GDP
$71BCURRENT US$
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2012-2022
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GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC
$18,413CURRENT US$
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2012-2022
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GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

India-Croatia In 2022, India exported $307M to Croatia. The main products that India exported to Croatia are Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). During the last 27 years the exports of India to Croatia have increased at an annualized rate of 9.91%, from $23.9M in 1995 to $307M in 2022.

In 2022, India did not export any services to Croatia.

Croatia-India In 2022, Croatia exported $64.8M to India. The main products that Croatia exported to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). During the last 27 years the exports of Croatia to India have increased at an annualized rate of 8.68%, from $6.85M in 1995 to $64.8M in 2022.

In 2020, Croatia exported services to India worth $5.83M, with Travel ($3.08M), Royalties and license fees ($1.03M), and Other business services ($800k) being the largest in terms of value.

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $307M to Croatia. The main products exported from India to Croatia were Raw Aluminium ($67.3M), Iron Ore ($58.2M), and Packaged Medicaments ($16.3M). During the last 27 years the exports of India to Croatia have increased at an annualized rate of 9.91%, from $23.9M in 1995 to $307M in 2022.

In 2022, Croatia exported $64.8M to India. The main products exported from Croatia to India were Scrap Vessels ($12.4M), Other Measuring Instruments ($6.22M), and Electrical Transformers ($3.66M). During the last 27 years the exports of Croatia to India have increased at an annualized rate of 8.68%, from $6.85M in 1995 to $64.8M in 2022.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Croatia
Top Destination
Italy$3.44B

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

In 2021, countries that imported more from India than Croatia were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Croatia than India were Slovenia ($2.87B), Bosnia and Herzegovina ($2.45B), and Hungary ($2.65B).

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

Comparative Advantage India - Croatia

Flow
Scale

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

During 2022, India had a large net trade with Croatia in the exports of Metals ($86.6M), Mineral Products ($58.9M), and Chemical Products ($53.8M).

During 2022, Croatia had a large net trade with India in the exports of Machines ($18.1M), Transportation ($16.4M), and Chemical Products ($7.45M).

Service Trade

Bilateral Service Trade

In 2020, Croatia exported services to India worth $5.83M, with Travel ($3.08M), Royalties and license fees ($1.03M), and Other business services ($800k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over India.

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

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