Flag Italy / Croatia Flag

2020
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Exports
: $3.19B, Rnk 33 / 213

2020
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Top Product
: $303M, Refined Petroleum

2020
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Exports
: $2.11B, Rnk 2 / 185

2020
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Top Product
: $129M, Corn

2020
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Economic Complexity (ECI)
: ECI 1.3, Rnk 19 / 127

2020
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Economic Complexity (ECI)
: ECI 0.73, Rnk 35 / 127

2020
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GDP
: $1.89T, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP GROWTH
: -11.5%, CURRENT US$
Rnk 179 / 195

2020
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 GDP
: $57.2B, CURRENT US$
Rnk 81 / 195

2010-2020
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GDP GROWTH
: -5.33%, CURRENT US$
Rnk 168 / 195

2020
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GDP PC 
: $31,714, CURRENT US$
Rnk 31 / 195

2010-2020
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GDP PC GROWTH
: -11.9%, CURRENT US$
Rnk 166 / 195

2020
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GDP PC
: $14,134, CURRENT US$
Rnk 59 / 195

2010-2020
Flag
GDP PC GROWTH
: 0.47%, CURRENT US$
Rnk 135 / 195

Italy-Croatia In 2020, Italy exported $3.19B to Croatia. The main products that Italy exported to Croatia are Refined Petroleum ($303M), Knit Socks and Hosiery ($118M), and Recreational Boats ($65.6M). During the last 25 years the exports of Italy to Croatia have increased at an annualized rate of 2.63%, from $1.67B in 1995 to $3.19B in 2020.

In 2018, Italy exported services to Croatia worth $362M, with Travel ($193M), Transportation ($76.8M), and Other business services ($45.9M) being the largest in terms of value.

Croatia-Italy In 2020, Croatia exported $2.11B to Italy . The main products that Croatia exported to Italy were Corn ($129M), Fuel Wood ($93.2M), and Refined Petroleum ($77.4M). During the last 25 years the exports of Croatia to Italy have increased at an annualized rate of 2.8%, from $1.06B in 1995 to $2.11B in 2020.

In 2018, Croatia exported services to Italy worth $1.49B, with Travel ($1.33B), Other business services ($60M), and Transportation ($38.3M) being the largest in terms of value.

Comparison In 2020,  Italy ranked 19 in the Economic Complexity Index (ECI 1.3), and 7 in total exports ($481B). That same year, Croatia ranked 35 in the Economic Complexity Index (ECI 0.73), and 72 in total exports ($17.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Italy exported $3.19B to Croatia. The main products exported from Italy to Croatia were Refined Petroleum ($303M), Knit Socks and Hosiery ($118M), and Recreational Boats ($65.6M). During the last 25 years the exports of Italy to Croatia have increased at an annualized rate of 2.63%, from $1.67B in 1995 to $3.19B in 2020.

In 2020, Croatia exported $2.11B to Italy. The main products exported from Croatia to Italy were Corn ($129M), Fuel Wood ($93.2M), and Refined Petroleum ($77.4M). During the last 25 years the exports of Croatia to Italy have increased at an annualized rate of 2.8%, from $1.06B in 1995 to $2.11B in 2020.

Croatia Exports

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Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $62.1B

Croatia
Top Destination
: Germany, $2.16B

This map shows whether countries import more from Italy or Croatia. Each country is colored based on the difference in imports they receive from Italy and Croatia or the difference in the growth in imports.

In 2019, countries that imported more from Italy than Croatia were Germany ($62.1B), France ($49.5B), and United States ($47.9B).

In 2019, countries that imported more from Croatia than Italy were Bosnia and Herzegovina ($1.34B), Montenegro ($205M), and South Sudan ($61.6k).

Comparative Advantage Italy - Croatia

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Flow

This chart compares trade between Italy and Croatia by product, considering products traded by both, Italy and Croatia.

During 2020, Italy had a large net trade with Croatia in the exports of Machines ($532M), Metals ($492M), and Textiles ($428M).

During 2020, Croatia had a large net trade with Italy in the exports of Textiles ($304M), Vegetable Products ($271M), and Machines ($243M).

Bilateral Service Trade

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In 2018, Italy exported services to Croatia worth $362M, with Travel ($193M), Transportation ($76.8M), and Other business services ($45.9M) being the largest in terms of value.

In 2018, Croatia exported services to Italy worth $1.49B, with Travel ($1.33B), Other business services ($60M), and Transportation ($38.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Italy.