2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Iran-Croatia Trade: In 2023, Iran exported $5.62M to Croatia. The main products that Iran exported to Croatia were Other Cast Iron Products ($2.01M), Styrene Polymers ($826k), and Tropical Fruits ($693k). Over the past 5 years the exports of Iran to Croatia have decreased at an annualized rate of 40.7%, from $76.8M in 2018 to $5.62M in 2023.

In 2023, Iran did not export any services to Croatia.

Croatia-Iran Trade: In 2023, Croatia exported $6.21M to Iran. The main products that Croatia exported to Iran were Vaccines, blood, antisera, toxins and cultures ($2.97M), Raw Tobacco ($1.86M), and Animal Food ($381k). Over the past 5 years the exports of Croatia to Iran have decreased at an annualized rate of 4.62%,  from $7.87M in 2018 to $6.21M in 2023.

In 2009, Croatia exported services to Iran worth -$12.8M, with Other business services (-$282k), Financial services (-$288k), and Insurance services (-$1.64M) being the largest in terms of value.

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $5.62M to Croatia. The main products exported from Iran to Croatia were Other Cast Iron Products ($2.01M), Styrene Polymers ($826k), and Tropical Fruits ($693k). During the last 5 years the exports of Iran to Croatia have decreased at an annualized rate of 40.7%, from $76.8M in 2018 to $5.62M in 2023.

In 2018, Croatia exported $6.21M to Iran. The main products exported from Croatia to Iran were Vaccines, blood, antisera, toxins and cultures ($2.97M), Raw Tobacco ($1.86M), and Animal Food ($381k). During the last 5 years the exports of Croatia to Iran have decreased at an annualized rate of 4.62%, from $7.87M in 2023 to $6.21M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Iran than Croatia included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Croatia than Iran included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

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

Comparative Advantage Iran - Croatia

Flow
Scale

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

During 2023, Iran had a large net trade with Croatia in the exports of Metals ($2.4M), Vegetable Products ($1.45M), and Plastics and Rubbers ($828k).

During 2018, Croatia had a large net trade with Iran in the exports of Chemical Products ($3.44M), Foodstuffs ($2.24M), and Machines ($446k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Croatia+$1.68MEthylene Polymers
Top Product Potential Croatia Iran+$1.77MVaccines, blood, antisera, toxins and cultures

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

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

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