North Macedonia (MKD) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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North Macedonia-Croatia Trade: In 2023, North Macedonia exported $140M to Croatia. The main products that North Macedonia exported to Croatia were Hot-Rolled Iron ($11.3M), Baked Goods ($9.58M), and Other Processed Vegetables ($9.44M). Over the past 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 6.11%, from $104M in 2018 to $140M in 2023.

In 2023, North Macedonia did not export any services to Croatia.

Croatia-North Macedonia Trade: In 2023, Croatia exported $166M to North Macedonia. The main products that Croatia exported to North Macedonia were Planes, Helicopters, and/or Spacecraft ($9.37M), Insulated Wire ($8.6M), and Glass Bottles ($8.1M). Over the past 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 5.01%, from $130M in 2018 to $166M in 2023.

In 2023, Croatia did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $140M to Croatia. The main products exported from North Macedonia to Croatia were Hot-Rolled Iron ($11.3M), Baked Goods ($9.58M), and Other Processed Vegetables ($9.44M). During the last 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 6.11%, from $104M in 2018 to $140M in 2023.

In 2018, Croatia exported $166M to North Macedonia. The main products exported from Croatia to North Macedonia were Planes, Helicopters, and/or Spacecraft ($9.37M), Insulated Wire ($8.6M), and Glass Bottles ($8.1M). During the last 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 5.01%, from $130M in 2023 to $166M in 2018.

Exports from North Macedonia () to Croatia () (2023)

Exports from Croatia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Croatia ()

North Macedonia Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from North Macedonia than Croatia included Germany ($4B), Bulgaria ($566M), and Greece ($542M).

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

Difference in imports from Croatia () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Croatia in the exports of Foodstuffs ($39.8M), Metals ($35.3M), and Plastics and Rubbers ($12M).

During 2018, Croatia had a large net trade with North Macedonia in the exports of Foodstuffs ($36.2M), Machines ($30.7M), and Chemical Products ($24.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Croatia+$2.09MInsulated Wire

Top Product Potential Croatia North Macedonia+$1.32MInsulated Wire

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

Year

This visualization shows the product space at the HS4 level with the flags of North Macedonia and Croatia. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over North Macedonia.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Croatia () (2023)

Exports from Croatia () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Croatia ()

North Macedonia Exports

Croatia Exports

Market Competitiveness

Difference in imports from Croatia () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Croatia () (2023)

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