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Pricing

2022
Flag → Flag
Exports $36.6MRnk 109 / 215
2022
Flag → Flag
Top Product $7.55MOrgano-Sulfur Compounds
2022
Flag → Flag
Exports $40.6MRnk 48 / 182
2022
Flag → Flag
Top Product $13.4MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Singapore-Croatia Trade: In 2022, Singapore exported $36.6M to Croatia. The main products that Singapore exported to Croatia were Organo-Sulfur Compounds ($7.55M), Packaged Medicaments ($7.17M), and Gas Turbines ($5.27M). Over the past 5 years the exports of Singapore to Croatia have increased at an annualized rate of 30.4%, from $9.71M in 2017 to $36.6M in 2022.

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

Croatia-Singapore Trade: In 2022, Croatia exported $40.6M to Singapore. The main products that Croatia exported to Singapore were Refined Petroleum ($13.4M), Gas Turbines ($11.5M), and Vaccines, blood, antisera, toxins and cultures ($4.96M). Over the past 5 years the exports of Croatia to Singapore have decreased at an annualized rate of 0.54%,  from $41.7M in 2017 to $40.6M in 2022.

In 2020, Croatia exported services to Singapore worth $20.6M, with Transportation ($11.2M), Other business services ($7.08M), and Computer and information services ($1.94M) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $36.6M to Croatia. The main products exported from Singapore to Croatia were Organo-Sulfur Compounds ($7.55M), Packaged Medicaments ($7.17M), and Gas Turbines ($5.27M). During the last 5 years the exports of Singapore to Croatia have increased at an annualized rate of 30.4%, from $9.71M in 2017 to $36.6M in 2022.

In 2017, Croatia exported $40.6M to Singapore. The main products exported from Croatia to Singapore were Refined Petroleum ($13.4M), Gas Turbines ($11.5M), and Vaccines, blood, antisera, toxins and cultures ($4.96M). During the last 5 years the exports of Croatia to Singapore have decreased at an annualized rate of 0.54%, from $41.7M in 2022 to $40.6M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Croatia (Flag)

Singapore Exports

Croatia Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Singapore than Croatia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Croatia than Singapore included Slovenia ($2.87B), Italy ($3.44B), and Bosnia and Herzegovina ($2.45B).

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

Comparative Advantage Singapore - Croatia

Flow
Scale

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

During 2022, Singapore had a large net trade with Croatia in the exports of Chemical Products ($19.3M), Machines ($6.71M), and Transportation ($6.6M).

During 2017, Croatia had a large net trade with Singapore in the exports of Machines ($16.3M), Mineral Products ($13.8M), and Chemical Products ($5.88M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Croatia+$6.62MPackaged Medicaments
Top Product Potential Croatia Singapore+$17.8MRefined 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 Singapore worth $20.6M, with Transportation ($11.2M), Other business services ($7.08M), and Computer and information services ($1.94M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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