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2023
Flag → Flag
Exports $239MRnk 44 / 205
2023
Flag → Flag
Top Product $180MCrude Petroleum
2023
Flag → Flag
Exports $94.6MRnk 33 / 191
2023
Flag → Flag
Top Product $21.2MElectrical Transformers
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
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 GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
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GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
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GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
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GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC$21,865CURRENT US$
Rnk 60 / 196
2013-2023
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GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195

About

Norway-Croatia Trade: In 2023, Norway exported $239M to Croatia. The main products that Norway exported to Croatia were Crude Petroleum ($180M), Raw Aluminium ($24.4M), and Dried/Salted/Smoked/Brined Fish ($6.38M). Over the past 5 years the exports of Norway to Croatia have increased at an annualized rate of 22.8%, from $85.4M in 2018 to $239M in 2023.

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

Croatia-Norway Trade: In 2023, Croatia exported $94.6M to Norway. The main products that Croatia exported to Norway were Electrical Transformers ($21.2M), Other Sea Vessels ($13.3M), and Fishing Ships ($8.02M). Over the past 5 years the exports of Croatia to Norway have decreased at an annualized rate of 1.29%,  from $109M in 2018 to $94.6M in 2023.

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK66.1M and imported NOK116M from Croatia, resulting in a negative trade balance of NOK50M. Between December 2023 and December 2024 the exports of Norway have increased by NOK24.8M (60%) from NOK41.3M to NOK66.1M, while imports increased by NOK74.8M (181%) from NOK41.3M to NOK116M.

Trade In December 2024, the top exports of Norway to Croatia were Non-ferrous metals (NOK48.5M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK8.35M), Fish (not marine mammals), crustaceans, molluscs... (NOK6.36M), General industrial machinery and equipment, n.e.s.,... (NOK5.79M), and Other transport equipment (NOK3.21M). In December 2024 the top imports of Norway from Croatia were Other transport equipment (NOK44.8M), General industrial machinery and equipment, n.e.s.,... (NOK6.46M), Manufactures of metals, n.e.s. (NOK4.26M), Medicinal and pharmaceutical products (NOK3.81M), and Machinery specialized for particular industries (NOK3.6M).

Growth In December 2024, the increase in Norway's year-by-year exports to Croatia was explained primarily by an increase in product exports in Non-ferrous metals (NOK44.9M or 1.25k%), General industrial machinery and equipment, n.e.s.,... (NOK4.6M or 386%), and Road vehicles (including air-cushion vehicles) (NOK1.48M or 582%). In December 2024, the increase in Norway's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (NOK2.71M or 244%), Manufactures of metals, n.e.s. (NOK1.39M or 48.2%), and Machinery specialized for particular industries (NOK1.16M or 47.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK24.8M(60%)
IMPORT GROWTH (December 2023 - December 2024)NOK74.8M(181%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Croatia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $239M to Croatia. The main products exported from Norway to Croatia were Crude Petroleum ($180M), Raw Aluminium ($24.4M), and Dried/Salted/Smoked/Brined Fish ($6.38M). During the last 5 years the exports of Norway to Croatia have increased at an annualized rate of 22.8%, from $85.4M in 2018 to $239M in 2023.

In 2018, Croatia exported $94.6M to Norway. The main products exported from Croatia to Norway were Electrical Transformers ($21.2M), Other Sea Vessels ($13.3M), and Fishing Ships ($8.02M). During the last 5 years the exports of Croatia to Norway have decreased at an annualized rate of 1.29%, from $109M in 2023 to $94.6M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from Norway than Croatia included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

In 2023, countries that imported more from Croatia than Norway included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Hungary ($1.23B).

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

Comparative Advantage Norway - Croatia

Flow
Scale

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

During 2023, Norway had a large net trade with Croatia in the exports of Mineral Products ($180M), Metals ($27.3M), and Machines ($17.5M).

During 2018, Croatia had a large net trade with Norway in the exports of Machines ($34.2M), Transportation ($22.7M), and Metals ($12.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Croatia+$903kTelephones
Top Product Potential Croatia Norway+$2.28MRefined 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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Bilateral Service Trade

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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