2022
Exports
$102MWorld Rnk 46 / 221
Flag Rnk 56 / 1200
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$62.7MWorld Rnk 87 / 224
Flag Rnk 143 / 1204
2022
ECONOMIC COMPLEXITY of Croatia
0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $102M in Excavation Machinery, making it the 46th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 56th most exported product in Croatia. The main destination of Excavation Machinery exports from Croatia are: Germany ($31.2M), Slovenia ($14M), Austria ($10.6M), France ($8.83M), and Italy ($6.03M).

The fastest growing export markets for Excavation Machinery of Croatia between 2021 and 2022 were Germany ($8.89M), France ($2.95M), and Austria ($2.75M).

Imports In 2022, Croatia imported $62.7M in Excavation Machinery, becoming the 87th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 143rd most imported product in Croatia. Croatia imports Excavation Machinery primarily from: Italy ($11.7M), Germany ($8.3M), Belgium ($7.37M), Slovenia ($6.33M), and Austria ($4.17M).

The fastest growing import markets in Excavation Machinery for Croatia between 2021 and 2022 were Belgium ($1.42M), Hungary ($1.06M), and Bosnia and Herzegovina ($1M).

Latest Trends

Nov 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 Excavation Machinery. 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 (2022)$102M
IMPORTS (2022)$62.7M
NET TRADE (2022)$39.7M

In 2022, Croatia exported $102M in Excavation Machinery. The main destinations of Croatia exports on Excavation Machinery were Germany ($31.2M), Slovenia ($14M), Austria ($10.6M), France ($8.83M), and Italy ($6.03M).

In 2022, Croatia imported $62.7M in Excavation Machinery, mainly from Italy ($11.7M), Germany ($8.3M), Belgium ($7.37M), Slovenia ($6.33M), and Austria ($4.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Germany$8.89M (39.8%)
France$2.95M (50.1%)
Austria$2.75M (35.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Croatia WERE (2021 - 2022):
United States-$3.25M (-55.7%)
Serbia-$1.97M (-52.2%)
Finland-$1.53M (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Excavation Machinery were:
In 2022, Croatia's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $10.5M
TOP IMPORT POTENTIALGermany+ $4.18M

Excavation Machinery’s highest export potential is Germany. With an export gap of $10.5M.   Excavation Machinery’s highest import potential is Germany with an import gap of $4.18M.

See methodology.

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