2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
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GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Romania-Croatia Trade: In 2023, Romania exported $559M to Croatia. The main products that Romania exported to Croatia were Cars ($102M), Bovine ($44.3M), and Rolled Tobacco ($27M). Over the past 5 years the exports of Romania to Croatia have increased at an annualized rate of 14.7%, from $281M in 2018 to $559M in 2023.

In 2020, Romania exported services to Croatia worth $32.4M, with Other business services ($17.7M), Transportation ($8.68M), and Computer and information services ($4.45M) being the largest in terms of value.

Croatia-Romania Trade: In 2023, Croatia exported $378M to Romania. The main products that Croatia exported to Romania were Other Leather Articles ($46.8M), Beauty Products ($18.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($18.4M). Over the past 5 years the exports of Croatia to Romania have increased at an annualized rate of 5.05%,  from $281M in 2018 to $378M in 2023.

In 2020, Croatia exported services to Romania worth $27.6M, with Other business services ($11M), Travel ($10.6M), and Computer and information services ($2.51M) being the largest in terms of value.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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
Value

In 2023, Romania exported $559M to Croatia. The main products exported from Romania to Croatia were Cars ($102M), Bovine ($44.3M), and Rolled Tobacco ($27M). During the last 5 years the exports of Romania to Croatia have increased at an annualized rate of 14.7%, from $281M in 2018 to $559M in 2023.

In 2018, Croatia exported $378M to Romania. The main products exported from Croatia to Romania were Other Leather Articles ($46.8M), Beauty Products ($18.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($18.4M). During the last 5 years the exports of Croatia to Romania have increased at an annualized rate of 5.05%, from $281M in 2023 to $378M in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Croatia (Flag)

Romania Exports

Croatia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Croatia
Top Destination
Italy$3.05B

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

In 2023, countries that imported more from Romania than Croatia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Croatia than Romania included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Cote d'Ivoire ($561M).

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

Comparative Advantage Romania - Croatia

Flow
Scale

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

During 2023, Romania had a large net trade with Croatia in the exports of Transportation ($117M), Machines ($63.4M), and Animal Products ($61.9M).

During 2018, Croatia had a large net trade with Romania in the exports of Chemical Products ($71.5M), Animal Hides ($47M), and Machines ($40.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Croatia+$20.6MCars
Top Product Potential Croatia Romania+$11.5MPackaged Medicaments

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, Romania exported services to Croatia worth $32.4M, with Other business services ($17.7M), Transportation ($8.68M), and Computer and information services ($4.45M) being the largest in terms of value.

In 2020, Croatia exported services to Romania worth $27.6M, with Other business services ($11M), Travel ($10.6M), and Computer and information services ($2.51M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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