2023
Exports
$12.7MWorld Rnk 43 / 197
Flag Rnk 273 / 1203
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$34.1MWorld Rnk 53 / 224
Flag Rnk 255 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $12.7M in Electric Soldering Equipment, making it the 43rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 273rd most exported product in Croatia. The main destination of Electric Soldering Equipment exports from Croatia are: Germany ($8.06M), Switzerland ($1.47M), Serbia ($549k), Bosnia and Herzegovina ($378k), and Italy ($378k).

The fastest growing export markets for Electric Soldering Equipment of Croatia between 2022 and 2023 were Singapore ($161k), Hungary ($142k), and Slovenia ($139k).

Imports In 2023, Croatia imported $34.1M in Electric Soldering Equipment, becoming the 53rd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 255th most imported product in Croatia. Croatia imports Electric Soldering Equipment primarily from: Germany ($6.19M), Slovenia ($6.14M), Italy ($5.57M), Canada ($3.96M), and Austria ($3.02M).

The fastest growing import markets in Electric Soldering Equipment for Croatia between 2022 and 2023 were Canada ($3.96M), Slovenia ($3.81M), and Hungary ($1.07M).

Latest Trends

Dec 2024

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 Soldering Equipment. 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)$12.7M
IMPORTS (2023)$34.1M
NET TRADE (2023)-$21.5M

In 2023, Croatia exported $12.7M in Electric Soldering Equipment. The main destinations of Croatia exports on Electric Soldering Equipment were Germany ($8.06M), Switzerland ($1.47M), Serbia ($549k), Bosnia and Herzegovina ($378k), and Italy ($378k).

In 2023, Croatia imported $34.1M in Electric Soldering Equipment, mainly from Germany ($6.19M), Slovenia ($6.14M), Italy ($5.57M), Canada ($3.96M), and Austria ($3.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Singapore$161k (446%)
Hungary$142k (10.3k%)
Slovenia$139k (81.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Croatia WERE (2022 - 2023):
Germany-$476k (-5.58%)
Austria-$314k (-92.8%)
Italy-$200k (-34.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Croatia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $503k
TOP IMPORT POTENTIALChina+ $1.69M

Electric Soldering Equipment’s highest export potential is Italy. With an export gap of $503k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $1.69M.

See methodology.

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