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2022
Exports $1.5BWorld Rnk 55 / 214
Flag Rnk 1 / 1200
2022
Destination $435M Bosnia and Herzegovina
2021 - 2022
FASTEST GROWING MARKET $435MBosnia and Herzegovina
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $3.02BWorld Rnk 71 / 225
Flag Rnk 2 / 1204
2022
Origin $1.15B Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.15BItaly
2022
ECONOMIC COMPLEXITY of Croatia0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $1.5B in Refined Petroleum, making it the 55th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Croatia. The main destination of Refined Petroleum exports from Croatia are: Bosnia and Herzegovina ($917M), Montenegro ($111M), Spain ($77.4M), Israel ($64.6M), and Gibraltar ($49M).

The fastest growing export markets for Refined Petroleum of Croatia between 2021 and 2022 were Bosnia and Herzegovina ($435M), Spain ($77.4M), and Israel ($64.6M).

Imports In 2022, Croatia imported $3.02B in Refined Petroleum, becoming the 71st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Croatia. Croatia imports Refined Petroleum primarily from: Italy ($1.61B), Slovenia ($835M), Russia ($161M), Greece ($112M), and Bulgaria ($75.9M).

The fastest growing import markets in Refined Petroleum for Croatia between 2021 and 2022 were Italy ($1.15B), Slovenia ($505M), and Russia ($112M).

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 Refined Petroleum. 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)$1.5B
IMPORTS (2022)$3.02B
NET TRADE (2022)-$1.51B

In 2022, Croatia exported $1.5B in Refined Petroleum. The main destinations of Croatia exports on Refined Petroleum were Bosnia and Herzegovina ($917M), Montenegro ($111M), Spain ($77.4M), Israel ($64.6M), and Gibraltar ($49M).

In 2022, Croatia imported $3.02B in Refined Petroleum, mainly from Italy ($1.61B), Slovenia ($835M), Russia ($161M), Greece ($112M), and Bulgaria ($75.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Bosnia and Herzegovina$435M (90.2%)
Spain$77.4M (265k%)
Israel$64.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Croatia WERE (2021 - 2022):
Italy-$65.5M (-82%)
Slovenia-$46.5M (-52.3%)
Singapore-$36.3M (-73%)
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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 Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Croatia's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $33.9M
TOP IMPORT POTENTIALRussia+ $93.7M

Refined Petroleum’s highest export potential is France. With an export gap of $33.9M.   Refined Petroleum’s highest import potential is Russia with an import gap of $93.7M.

See methodology.

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