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2022
Exports $719MWorld Rnk 36 / 217
Flag Rnk 4 / 1200
2022
Destination $12.6M United States
2021 - 2022
FASTEST GROWING MARKET $12.6MSpain
2022
PRODUCT COMPLEXITY IN Packaged Medicaments0.67Rnk 291 / 1025
2022
Imports $996MWorld Rnk 56 / 224
Flag Rnk 6 / 1204
2022
Origin $25.8M Slovenia
2021 - 2022
FASTEST GROWING ORIGIN $25.8MSlovenia
2022
ECONOMIC COMPLEXITY of Croatia0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $719M in Packaged Medicaments, making it the 36th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most exported product in Croatia. The main destination of Packaged Medicaments exports from Croatia are: United States ($139M), Russia ($94.6M), Germany ($69.9M), United Kingdom ($31.6M), and Slovenia ($30.5M).

The fastest growing export markets for Packaged Medicaments of Croatia between 2021 and 2022 were Spain ($12.6M), Germany ($10.2M), and Romania ($6.1M).

Imports In 2022, Croatia imported $996M in Packaged Medicaments, becoming the 56th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Croatia. Croatia imports Packaged Medicaments primarily from: Slovenia ($225M), Germany ($164M), Hungary ($132M), Switzerland ($83.2M), and Netherlands ($69.4M).

The fastest growing import markets in Packaged Medicaments for Croatia between 2021 and 2022 were Slovenia ($25.8M), Germany ($19.1M), and Romania ($12.3M).

Latest Trends

Oct 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 Packaged Medicaments. 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)$719M
IMPORTS (2022)$996M
NET TRADE (2022)-$278M

In 2022, Croatia exported $719M in Packaged Medicaments. The main destinations of Croatia exports on Packaged Medicaments were United States ($139M), Russia ($94.6M), Germany ($69.9M), United Kingdom ($31.6M), and Slovenia ($30.5M).

In 2022, Croatia imported $996M in Packaged Medicaments, mainly from Slovenia ($225M), Germany ($164M), Hungary ($132M), Switzerland ($83.2M), and Netherlands ($69.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Spain$12.6M (372%)
Germany$10.2M (17.1%)
Romania$6.1M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Croatia WERE (2021 - 2022):
United States-$137M (-49.7%)
Ukraine-$20.8M (-73.3%)
Slovenia-$13.9M (-31.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Packaged Medicaments were:
Germany $74.8B
Switzerland $45.4B
United States $38.2B
In 2022, Croatia's main importing competitors in Packaged Medicaments were:
United States $91.3B
Switzerland $32.9B
Germany $32B

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $104M
TOP IMPORT POTENTIALGermany+ $64.4M

Packaged Medicaments’s highest export potential is United States. With an export gap of $104M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $64.4M.

See methodology.

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