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2023
Flag → Flag
Exports $294MRnk 55 / 216
2023
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Top Product $32.3MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $210MRnk 24 / 191
2023
Flag → Flag
Top Product $45.9MElectrical Transformers
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
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GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
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GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
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 GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
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GDP GROWTH41%CURRENT US$
Rnk 92 / 195
2023
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GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
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GDP PC$21,865CURRENT US$
Rnk 60 / 196
2013-2023
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GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195

About

Sweden-Croatia Trade: In 2023, Sweden exported $294M to Croatia. The main products that Sweden exported to Croatia were Vaccines, blood, antisera, toxins and cultures ($32.3M), Cars ($16.8M), and Broadcasting Equipment ($15.9M). Over the past 5 years the exports of Sweden to Croatia have increased at an annualized rate of 12.7%, from $162M in 2018 to $294M in 2023.

In 2020, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

Croatia-Sweden Trade: In 2023, Croatia exported $210M to Sweden. The main products that Croatia exported to Sweden were Electrical Transformers ($45.9M), Vaccines, blood, antisera, toxins and cultures ($37M), and Veneer Sheets ($7.74M). Over the past 5 years the exports of Croatia to Sweden have increased at an annualized rate of 9.5%,  from $122M in 2018 to $210M in 2023.

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK258M and imported SEK267M from Croatia, resulting in a negative trade balance of SEK8.19M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-20.3M (-7.27%) from SEK279M to SEK258M, while imports increased by SEK59.5M (28.7%) from SEK207M to SEK267M.

Trade In October 2024, the top exports of Sweden to Croatia were Telephones (SEK25.7M), Vaccines, blood, antisera, toxins and cultures (SEK23.1M), Plywood (SEK10.7M), Cars (SEK8.52M), and Large Flat-Rolled Stainless Steel (SEK6.04M). In October 2024 the top imports of Sweden from Croatia were Vaccines, blood, antisera, toxins and cultures (SEK33M), Electrical Transformers (SEK18.7M), Packaged Medicaments (SEK8.05M), Veneer Sheets (SEK7.55M), and Pasta (SEK6.22M).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Croatia was explained primarily by an decrease in product exports in Vaccines, blood, antisera, toxins and cultures (SEK-74M or -76.2%), Low-voltage Protection Equipment (SEK-3.27M or -83.4%), and Nitrogenous Fertilizers (SEK-3.25M or -42%). In October 2024, the increase in Sweden's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Packaged Medicaments (SEK7.87M or 4.32k%), Pasta (SEK5.9M or 1.84k%), and Baked Goods (SEK4.08M or 442%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-20.3M(-7.27%)
IMPORT GROWTH (October 2023 - October 2024)SEK59.5M(28.7%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Croatia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $294M to Croatia. The main products exported from Sweden to Croatia were Vaccines, blood, antisera, toxins and cultures ($32.3M), Cars ($16.8M), and Broadcasting Equipment ($15.9M). During the last 5 years the exports of Sweden to Croatia have increased at an annualized rate of 12.7%, from $162M in 2018 to $294M in 2023.

In 2018, Croatia exported $210M to Sweden. The main products exported from Croatia to Sweden were Electrical Transformers ($45.9M), Vaccines, blood, antisera, toxins and cultures ($37M), and Veneer Sheets ($7.74M). During the last 5 years the exports of Croatia to Sweden have increased at an annualized rate of 9.5%, from $122M in 2023 to $210M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from Sweden than Croatia included United States ($18.1B), Germany ($18.4B), and Denmark ($14.4B).

In 2023, countries that imported more from Croatia than Sweden included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Serbia ($1.15B).

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

Comparative Advantage Sweden - Croatia

Flow
Scale

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

During 2023, Sweden had a large net trade with Croatia in the exports of Machines ($104M), Transportation ($50.4M), and Chemical Products ($45.8M).

During 2018, Croatia had a large net trade with Sweden in the exports of Machines ($68.6M), Chemical Products ($45.8M), and Foodstuffs ($27.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Croatia+$9.89MCars
Top Product Potential Croatia Sweden+$7.27MPackaged 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, Sweden exported services to Croatia worth $38.1M, with Computer and information services ($13.9M), Communications services ($9.48M), and Other business services ($7.31M) being the largest in terms of value.

In 2020, Croatia exported services to Sweden worth $160M, with Computer and information services ($95.3M), Travel ($30.3M), and Other business services ($23.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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