2018
Exports
$2.5MWorld Rnk 54 / 160
Flag Rnk 513 / 1203
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2018
Imports
$12.1MWorld Rnk 62 / 206
Flag Rnk 450 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2018, Croatia exported $2.5M in Electric Furnaces, making it the 54th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 513th most exported product in Croatia. The main destination of Electric Furnaces exports from Croatia are: Turkey ($661k), Serbia ($516k), Romania ($215k), Slovenia ($197k), and Israel ($132k).

The fastest growing export markets for Electric Furnaces of Croatia between 2022 and 2023 were Turkey ($558k), Romania ($176k), and Serbia ($129k).

Imports In 2023, Croatia imported $12.1M in Electric Furnaces, becoming the 62nd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 450th most imported product in Croatia. Croatia imports Electric Furnaces primarily from: Germany ($4.22M), Italy ($3.45M), China ($1.36M), Austria ($730k), and Slovenia ($542k).

The fastest growing import markets in Electric Furnaces for Croatia between 2022 and 2023 were Germany ($2.14M), China ($1.24M), and Turkey ($187k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.5M
IMPORTS (2023)$12.1M
NET TRADE (2023)-$9.6M

In 2023, Croatia exported $2.5M in Electric Furnaces. The main destinations of Croatia exports on Electric Furnaces were Turkey ($661k), Serbia ($516k), Romania ($215k), Slovenia ($197k), and Israel ($132k).

In 2023, Croatia imported $12.1M in Electric Furnaces, mainly from Germany ($4.22M), Italy ($3.45M), China ($1.36M), Austria ($730k), and Slovenia ($542k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Turkey$558k (540%)
Romania$176k (447%)
Serbia$129k (33.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Croatia WERE (2022 - 2023):
Poland-$262k (-69.4%)
Belgium-$92.3k (-100%)
Russia-$74k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, Croatia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $130k
TOP IMPORT POTENTIALGermany+ $554k

Electric Furnaces’s highest export potential is Germany. With an export gap of $130k.   Electric Furnaces’s highest import potential is Germany with an import gap of $554k.

See methodology.

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