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2022
Flag → Flag
Exports $65.1kRnk 94 / 126
2022
Flag → Flag
Top Product $64.4kWood Charcoal
2022
Flag → Flag
Exports $30.9kRnk 160 / 182
2022
Flag → Flag
Top Product $20kSeats
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
 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$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Venezuela-Croatia Trade: In 2022, Venezuela exported $65.1k to Croatia. The main products that Venezuela exported to Croatia were Wood Charcoal ($64.4k) and Hard Liquor ($698). Over the past 5 years the exports of Venezuela to Croatia have decreased at an annualized rate of 56.2%, from $4.06M in 2017 to $65.1k in 2022.

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

Croatia-Venezuela Trade: In 2022, Croatia exported $30.9k to Venezuela. The main products that Croatia exported to Venezuela were Seats ($20k), Other Furniture ($5.06k), and Plastic Wash Basins ($3.04k). Over the past 5 years the exports of Croatia to Venezuela have decreased at an annualized rate of 53.6%,  from $1.43M in 2017 to $30.9k in 2022.

In 2017, Croatia exported services to Venezuela worth $904k, with Other business services ($904k) being the largest in terms of value.

Comparison: In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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, Venezuela exported $65.1k to Croatia. The main products exported from Venezuela to Croatia were Wood Charcoal ($64.4k) and Hard Liquor ($698). During the last 5 years the exports of Venezuela to Croatia have decreased at an annualized rate of 56.2%, from $4.06M in 2017 to $65.1k in 2022.

In 2017, Croatia exported $30.9k to Venezuela. The main products exported from Croatia to Venezuela were Seats ($20k), Other Furniture ($5.06k), and Plastic Wash Basins ($3.04k). During the last 5 years the exports of Croatia to Venezuela have decreased at an annualized rate of 53.6%, from $1.43M in 2022 to $30.9k in 2017.

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

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

Latest Data

Trade between Venezuela (Flag) and Croatia (Flag)

Croatia Exports

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Venezuela than Croatia included China ($703M), Brazil ($361M), and Turkey ($597M).

In 2022, countries that imported more from Croatia than Venezuela included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Venezuela - Croatia

Flow
Scale

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

During 2022, Venezuela had a large net trade with Croatia in the exports of Wood Products ($64.4k) and Foodstuffs ($698).

During 2017, Croatia had a large net trade with Venezuela in the exports of Miscellaneous ($25.1k), Plastics and Rubbers ($3.35k), and Machines ($2.41k).

Economic Complexity

Competitive Landscape

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

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

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