2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Israel-Croatia Trade: In 2022, Israel exported $56.3M to Croatia. The main products that Israel exported to Croatia were Other Plastic Sheetings ($6.79M), Plastic Lids ($5.99M), and Nitrogen Heterocyclic Compounds ($4.69M). Over the past 5 years the exports of Israel to Croatia have increased at an annualized rate of 25.2%, from $18.3M in 2017 to $56.3M in 2022.

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 2022, Croatia exported $124M to Israel. The main products that Croatia exported to Israel were Refined Petroleum ($64.6M), Packaged Medicaments ($21.7M), and Air Conditioners ($10.5M). Over the past 5 years the exports of Croatia to Israel have increased at an annualized rate of 14.9%,  from $61.8M in 2017 to $124M in 2022.

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 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $56.3M to Croatia. The main products exported from Israel to Croatia were Other Plastic Sheetings ($6.79M), Plastic Lids ($5.99M), and Nitrogen Heterocyclic Compounds ($4.69M). During the last 5 years the exports of Israel to Croatia have increased at an annualized rate of 25.2%, from $18.3M in 2017 to $56.3M in 2022.

In 2017, Croatia exported $124M to Israel. The main products exported from Croatia to Israel were Refined Petroleum ($64.6M), Packaged Medicaments ($21.7M), and Air Conditioners ($10.5M). During the last 5 years the exports of Croatia to Israel have increased at an annualized rate of 14.9%, from $61.8M in 2022 to $124M in 2017.

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

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

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$3.44B

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 2022, countries that imported more from Israel than Croatia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

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

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 2022, Israel had a large net trade with Croatia in the exports of Chemical Products ($19.9M), Plastics and Rubbers ($15M), and Machines ($7.63M).

During 2017, Croatia had a large net trade with Israel in the exports of Mineral Products ($64.7M), Chemical Products ($27.3M), and Machines ($17.9M).

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) (2022)

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