2023
Exports
$773kWorld Rnk 63 / 187
Flag Rnk 700 / 1203
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$8.91MWorld Rnk 58 / 216
Flag Rnk 522 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $773k in Electromagnets, making it the 63rd largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 700th most exported product in Croatia. The main destination of Electromagnets exports from Croatia are: Serbia ($222k), Slovakia ($86k), Slovenia ($64.7k), Hungary ($62.3k), and Bosnia and Herzegovina ($35.1k).

The fastest growing export markets for Electromagnets of Croatia between 2022 and 2023 were Serbia ($148k), Slovakia ($80.9k), and Slovenia ($27.6k).

Imports In 2023, Croatia imported $8.91M in Electromagnets, becoming the 58th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 522nd most imported product in Croatia. Croatia imports Electromagnets primarily from: Italy ($3.58M), Germany ($1.43M), China ($1.09M), Austria ($625k), and Slovenia ($607k).

The fastest growing import markets in Electromagnets for Croatia between 2022 and 2023 were Slovenia ($192k), Czechia ($136k), and Italy ($107k).

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 Electromagnets. 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)$773k
IMPORTS (2023)$8.91M
NET TRADE (2023)-$8.13M

In 2023, Croatia exported $773k in Electromagnets. The main destinations of Croatia exports on Electromagnets were Serbia ($222k), Slovakia ($86k), Slovenia ($64.7k), Hungary ($62.3k), and Bosnia and Herzegovina ($35.1k).

In 2023, Croatia imported $8.91M in Electromagnets, mainly from Italy ($3.58M), Germany ($1.43M), China ($1.09M), Austria ($625k), and Slovenia ($607k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Serbia$148k (197%)
Slovakia$80.9k (1.59k%)
Slovenia$27.6k (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Croatia WERE (2022 - 2023):
Italy-$197k (-86.3%)
United States-$189k (-93.9%)
Germany-$152k (-83.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, Croatia's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $273k
TOP IMPORT POTENTIALChina+ $1.45M

Electromagnets’s highest export potential is United States. With an export gap of $273k.   Electromagnets’s highest import potential is China with an import gap of $1.45M.

See methodology.

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