2023
Flag  
GDP
$514BCURRENT US$
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2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
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2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 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

Israel-Croatia Trade: In 2023, Israel exported $35.6M to Croatia. The main products that Israel exported to Croatia were Plastic Lids ($3.84M), Centrifuges ($3.82M), and Packaged Medicaments ($3.64M). Over the past 5 years the exports of Israel to Croatia have increased at an annualized rate of 3.46%, from $30M in 2018 to $35.6M in 2023.

In 2012, Israel exported services to Croatia worth $4.45M, with Computer and information services ($4.45M) being the largest in terms of value.

Croatia-Israel Trade: In 2023, Croatia exported $54.7M to Israel. The main products that Croatia exported to Israel were Packaged Medicaments ($16.6M), Bovine ($8.79M), and Gas Turbines ($6.42M). Over the past 5 years the exports of Croatia to Israel have increased at an annualized rate of 2.1%,  from $49.3M in 2018 to $54.7M in 2023.

In 2009, Croatia exported services to Israel worth $25.8M, with Transportation ($7.66M), Services not allocated ($7.33M), and Insurance services ($3.76M) being the largest in terms of value.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $35.6M to Croatia. The main products exported from Israel to Croatia were Plastic Lids ($3.84M), Centrifuges ($3.82M), and Packaged Medicaments ($3.64M). During the last 5 years the exports of Israel to Croatia have increased at an annualized rate of 3.46%, from $30M in 2018 to $35.6M in 2023.

In 2018, Croatia exported $54.7M to Israel. The main products exported from Croatia to Israel were Packaged Medicaments ($16.6M), Bovine ($8.79M), and Gas Turbines ($6.42M). During the last 5 years the exports of Croatia to Israel have increased at an annualized rate of 2.1%, from $49.3M in 2023 to $54.7M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Croatia (Flag)

Israel Exports

Croatia Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Israel than Croatia included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

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

Comparative Advantage Israel - Croatia

Flow
Scale

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

During 2023, Israel had a large net trade with Croatia in the exports of Chemical Products ($10.6M), Machines ($8.74M), and Plastics and Rubbers ($5.46M).

During 2018, Croatia had a large net trade with Israel in the exports of Chemical Products ($18.8M), Machines ($11.4M), and Animal Products ($9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Croatia+$2.18MPackaged Medicaments
Top Product Potential Croatia Israel+$5.73MRefined 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 Israel and Croatia. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over Israel.

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

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