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2022
Flag → Flag
Exports $478MRnk 33 / 196
2022
Flag → Flag
Top Product $36.7MBovine
2022
Flag → Flag
Exports $394MRnk 14 / 182
2022
Flag → Flag
Top Product $62MOther Leather Articles
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Romania-Croatia Trade: In 2022, Romania exported $478M to Croatia. The main products that Romania exported to Croatia were Bovine ($36.7M), Cars ($35.4M), and Processed Tobacco ($21.7M). Over the past 5 years the exports of Romania to Croatia have increased at an annualized rate of 16.6%, from $222M in 2017 to $478M in 2022.

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 2022, Croatia exported $394M to Romania. The main products that Croatia exported to Romania were Other Leather Articles ($62M), Motor vehicles; parts and accessories (8701 to 8705) ($16.5M), and Beauty Products ($13.5M). Over the past 5 years the exports of Croatia to Romania have increased at an annualized rate of 4.31%,  from $184M in 2017 to $394M in 2022.

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 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $478M to Croatia. The main products exported from Romania to Croatia were Bovine ($36.7M), Cars ($35.4M), and Processed Tobacco ($21.7M). During the last 5 years the exports of Romania to Croatia have increased at an annualized rate of 16.6%, from $222M in 2017 to $478M in 2022.

In 2017, Croatia exported $394M to Romania. The main products exported from Croatia to Romania were Other Leather Articles ($62M), Motor vehicles; parts and accessories (8701 to 8705) ($16.5M), and Beauty Products ($13.5M). During the last 5 years the exports of Croatia to Romania have increased at an annualized rate of 4.31%, from $184M in 2022 to $394M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Croatia (Flag)

Romania Exports

Croatia Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Croatia
Top DestinationItaly$3.44B

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 2022, countries that imported more from Romania than Croatia included Germany ($18.8B), Italy ($9.55B), and France ($5.73B).

In 2022, countries that imported more from Croatia than Romania included Slovenia ($2.87B), Bosnia and Herzegovina ($2.45B), and Montenegro ($330M).

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

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 2022, Romania had a large net trade with Croatia in the exports of Foodstuffs ($67.6M), Chemical Products ($47.9M), and Transportation ($46.4M).

During 2017, Croatia had a large net trade with Romania in the exports of Animal Hides ($63.6M), Chemical Products ($53.2M), and Foodstuffs ($41.6M).

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) (2022)

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