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Pricing

2022
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Exports $5.92BRnk 26 / 221
2022
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Top Product $1.61BRefined Petroleum
2022
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Exports $3.44BRnk 1 / 182
2022
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Top Product $243MCorn
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 0.81Rnk 32 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$71BCURRENT US$
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2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Italy-Croatia In 2022, Italy exported $5.92B to Croatia. The main products that Italy exported to Croatia are Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). During the last 27 years the exports of Italy to Croatia have increased at an annualized rate of 4.8%, from $1.67B in 1995 to $5.92B in 2022.

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) being the largest in terms of value.

Croatia-Italy In 2022, Croatia exported $3.44B to Italy. The main products that Croatia exported to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). During the last 27 years the exports of Croatia to Italy have increased at an annualized rate of 4.47%, from $1.06B in 1995 to $3.44B in 2022.

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €352M and imported €231M from Croatia, resulting in a positive trade balance of €122M. Between December 2022 and December 2023 the exports of Italy have decreased by €-72M (-17%) from €424M to €352M, while imports decreased by €-240M (-51%) from €471M to €231M.

Trade In December 2023, the top exports of Italy to Croatia were Refined Petroleum (€110M), Recreational Boats (€6.22M), Copper Wire (€5.96M), Knit Socks and Hosiery (€5.83M), and Insulated Wire (€5.81M). In December 2023 the top imports of Italy from Croatia were Sawn Wood (€9.13M), Corn (€7.6M), Knit Socks and Hosiery (€7.08M), Non-fillet Fresh Fish (€6.43M), and Recreational Boats (€5.4M).

Growth In December 2023, the decrease in Italy's year-by-year exports to Croatia was explained primarily by an decrease in product exports in Reaction and Catalytic Products (€-3.46M or -48.5%), Knit Sweaters (€-1.62M or -54.7%), and Raw Iron Bars (€-1.3M or -20.4%). In December 2023, the decrease in Italy's year-by-year imports  from Croatia was explained primarily by an decrease in product imports  in Semi-Finished Iron (€-6.77M or -73.5%), Corn (€-4.24M or -35.8%), and Steel Ingots (€-2.68M or -36.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-72M(-17%)
IMPORT GROWTH (December 2022 - December 2023)€-240M(-51%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Croatia and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $5.92B to Croatia. The main products exported from Italy to Croatia were Refined Petroleum ($1.61B), Knit Socks and Hosiery ($118M), and Hot-Rolled Iron ($79.1M). During the last 27 years the exports of Italy to Croatia have increased at an annualized rate of 4.8%, from $1.67B in 1995 to $5.92B in 2022.

In 2022, Croatia exported $3.44B to Italy. The main products exported from Croatia to Italy were Corn ($243M), Fuel Wood ($157M), and Wheat ($136M). During the last 27 years the exports of Croatia to Italy have increased at an annualized rate of 4.47%, from $1.06B in 1995 to $3.44B in 2022.

Exports from Italy (Flag) to Croatia (Flag) (2022)

Exports from Croatia (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Croatia
Top DestinationItaly$3.44B

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 2021, countries that imported more from Italy than Croatia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Croatia than Italy were Bosnia and Herzegovina ($2.45B).

Difference in imports from Croatia (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Croatia

Flow
Scale

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

During 2022, Italy had a large net trade with Croatia in the exports of Mineral Products ($1.69B), Metals ($854M), and Machines ($768M).

During 2022, Croatia had a large net trade with Italy in the exports of Vegetable Products ($487M), Machines ($437M), and Wood Products ($414M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Croatia worth $350M, with Travel ($121M), Other business services ($116M), and Transportation ($73.7M) being the largest in terms of value.

In 2020, Croatia exported services to Italy worth $533M, with Travel ($414M), Other business services ($48.2M), and Personal, cultural, and recreational services ($25.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Croatia (Flag) (2020)

Services Exports from Croatia (Flag) to Italy (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Italy (Flag) and Croatia (Flag) (2022)

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