Nepal (NPL) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Nepal-Croatia Trade: In 2023, Nepal exported $159k to Croatia. The main products that Nepal exported to Croatia were Trunks and Cases ($67.2k), Non-Knit Men's Suits ($20.8k), and Other Headwear ($18.4k). Over the past 5 years the exports of Nepal to Croatia have increased at an annualized rate of 2.52%, from $140k in 2018 to $159k in 2023.

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

Croatia-Nepal Trade: In 2023, Croatia exported $50.7k to Nepal. The main products that Croatia exported to Nepal were Gas and Liquid Flow Measuring Instruments ($44.6k), Navigation Equipment ($3.5k), and Sports Equipment ($2.57k). Over the past 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 23.1%, from $188k in 2018 to $50.7k in 2023.

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

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B), 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, Nepal exported $159k to Croatia. The main products exported from Nepal to Croatia were Trunks and Cases ($67.2k), Non-Knit Men's Suits ($20.8k), and Other Headwear ($18.4k). During the last 5 years the exports of Nepal to Croatia have increased at an annualized rate of 2.52%, from $140k in 2018 to $159k in 2023.

In 2018, Croatia exported $50.7k to Nepal. The main products exported from Croatia to Nepal were Gas and Liquid Flow Measuring Instruments ($44.6k), Navigation Equipment ($3.5k), and Sports Equipment ($2.57k). During the last 5 years the exports of Croatia to Nepal have decreased at an annualized rate of 23.1%, from $188k in 2023 to $50.7k in 2018.

Exports from Nepal () to Croatia () (2023)

Exports from Croatia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Croatia ()

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from Nepal than Croatia included India ($811M), Brunei ($113k), and Lesotho ($16.2k).

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

Difference in imports from Croatia () and Nepal () (2023)

Comparative Advantage Nepal - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Croatia in the exports of Animal Hides ($67.2k), Textiles ($51.2k), and Footwear and Headwear ($18.9k).

During 2018, Croatia had a large net trade with Nepal in the exports of Instruments ($44.6k), Machines ($3.5k), and Miscellaneous ($2.57k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Croatia+$121kNon-Knit Women's Suits

Top Product Potential Croatia Nepal+$14.3kLeather Footwear

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Croatia () (2023)

Exports from Croatia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Croatia ()

Croatia Exports

Market Competitiveness

Difference in imports from Croatia () and Nepal () (2023)

Comparative Advantage Nepal - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Croatia () (2023)

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