2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
Flag
 GDP
$71BCURRENT US$
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2012-2022
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GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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2022
Flag
GDP PC
$18,413CURRENT US$
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2012-2022
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GDP PC GROWTH
37.3%CURRENT US$
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About

Philippines-Croatia Trade: In 2022, Philippines exported $2.45M to Croatia. The main products that Philippines exported to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). Over the past 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%, from $4.05M in 2017 to $2.45M in 2022.

In 2022, Philippines did not export any services to Croatia.

Croatia-Philippines Trade: In 2022, Croatia exported $5.46M to Philippines. The main products that Croatia exported to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). Over the past 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 14%,  from $11.6M in 2017 to $5.46M in 2022.

In 2020, Croatia exported services to Philippines worth $2.51M, with Computer and information services ($1.94M), Travel ($457k), and Other business services ($114k) being the largest in terms of value.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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, Philippines exported $2.45M to Croatia. The main products exported from Philippines to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). During the last 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%, from $4.05M in 2017 to $2.45M in 2022.

In 2017, Croatia exported $5.46M to Philippines. The main products exported from Croatia to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). During the last 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 14%, from $11.6M in 2022 to $5.46M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Croatia
Top Destination
Italy$3.44B

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

In 2022, countries that imported more from Philippines than Croatia included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Croatia than Philippines included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

Comparative Advantage Philippines - Croatia

Flow
Scale

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

During 2022, Philippines had a large net trade with Croatia in the exports of Foodstuffs ($1.1M), Instruments ($455k), and Machines ($289k).

During 2017, Croatia had a large net trade with Philippines in the exports of Machines ($3.68M), Foodstuffs ($838k), and Plastics and Rubbers ($349k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Croatia+$503kIntegrated Circuits
Top Product Potential Croatia Philippines+$2.37MElectrical Transformers

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 Philippines worth $2.51M, with Computer and information services ($1.94M), Travel ($457k), and Other business services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Croatia (Flag) (2022)

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