2023
Exports
$820MWorld Rnk 36 / 214
Flag Rnk 2 / 1203
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$1.14BWorld Rnk 56 / 226
Flag Rnk 5 / 1207
2023
ECONOMIC COMPLEXITY of Croatia
0.76Rnk 34 / 132

About

Exports In 2023, Croatia exported $820M in Packaged Medicaments, making it the 36th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Croatia. The main destination of Packaged Medicaments exports from Croatia are: United States ($190M), Russia ($136M), Germany ($43M), Slovenia ($38.6M), and United Kingdom ($32.5M).

The fastest growing export markets for Packaged Medicaments of Croatia between 2022 and 2023 were Russia ($41.3M), United States ($32.5M), and Denmark ($10.9M).

Imports In 2023, Croatia imported $1.14B in Packaged Medicaments, becoming the 56th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Croatia. Croatia imports Packaged Medicaments primarily from: Slovenia ($276M), Germany ($176M), Hungary ($142M), Switzerland ($82.8M), and Austria ($79.7M).

The fastest growing import markets in Packaged Medicaments for Croatia between 2022 and 2023 were Slovenia ($39.3M), Austria ($15.9M), and Switzerland ($10.6M).

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 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 (2023)$820M
IMPORTS (2023)$1.14B
NET TRADE (2023)-$321M

In 2023, Croatia exported $820M in Packaged Medicaments. The main destinations of Croatia exports on Packaged Medicaments were United States ($190M), Russia ($136M), Germany ($43M), Slovenia ($38.6M), and United Kingdom ($32.5M).

In 2023, Croatia imported $1.14B in Packaged Medicaments, mainly from Slovenia ($276M), Germany ($176M), Hungary ($142M), Switzerland ($82.8M), and Austria ($79.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Croatia WERE (2022 - 2023):
Russia$41.3M (43.6%)
United States$32.5M (20.7%)
Denmark$10.9M (82.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Croatia WERE (2022 - 2023):
Germany-$53.5M (-55.4%)
Belgium-$3.85M (-30.2%)
Romania-$3.09M (-16.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Croatia's main exporting competitors in Packaged Medicaments were:
In 2023, Croatia's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALGermany+ $64.4M

Packaged Medicaments’s highest export potential is N/A. With an export gap of N/A.   Packaged Medicaments’s highest import potential is Germany with an import gap of $64.4M.

See methodology.

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