2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
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GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC 
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Serbia-Croatia In 2022, Serbia exported $1.25B to Croatia. The main products that Serbia exported to Croatia are Electricity ($232M), Mixed Mineral or Chemical Fertilizers ($52.6M), and Seed Oils ($38.9M). During the last 16 years the exports of Serbia to Croatia have increased at an annualized rate of 10.4%, from $258M in 2006 to $1.25B in 2022.

In 2019, Serbia exported services to Croatia worth $238M, with Travel ($99.6M), Other business services ($57.1M), and Transportation ($43.7M) being the largest in terms of value.

Croatia-Serbia In 2022, Croatia exported $1.55B to Serbia. The main products that Croatia exported to Serbia were Electricity ($341M), Gold ($47.6M), and Soybeans ($47.3M). During the last 16 years the exports of Croatia to Serbia have increased at an annualized rate of 6.69%, from $549M in 2006 to $1.55B in 2022.

In 2009, Croatia exported services to Serbia worth $248M, with Travel ($247M) and Financial services ($622k) being the largest in terms of value.

Comparison In 2022,  Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $1.25B to Croatia. The main products exported from Serbia to Croatia were Electricity ($232M), Mixed Mineral or Chemical Fertilizers ($52.6M), and Seed Oils ($38.9M). During the last 16 years the exports of Serbia to Croatia have increased at an annualized rate of 10.4%, from $258M in 2006 to $1.25B in 2022.

In 2022, Croatia exported $1.55B to Serbia. The main products exported from Croatia to Serbia were Electricity ($341M), Gold ($47.6M), and Soybeans ($47.3M). During the last 16 years the exports of Croatia to Serbia have increased at an annualized rate of 6.69%, from $549M in 2006 to $1.55B in 2022.

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

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

Latest Data

Trade between Serbia (Flag) and Croatia (Flag)

Serbia Exports

Croatia Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
Croatia
Top Destination
Italy$3.44B

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

In 2021, countries that imported more from Serbia than Croatia were Germany ($4B), China ($1.3B), and Russia ($1.19B).

In 2021, countries that imported more from Croatia than Serbia were Slovenia ($2.87B), Italy ($3.44B), and Hungary ($2.65B).

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

Comparative Advantage Serbia - Croatia

Flow
Scale

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

During 2022, Serbia had a large net trade with Croatia in the exports of Mineral Products ($275M), Foodstuffs ($150M), and Metals ($127M).

During 2022, Croatia had a large net trade with Serbia in the exports of Mineral Products ($413M), Machines ($212M), and Foodstuffs ($182M).

Service Trade

Bilateral Service Trade

In 2019, Serbia exported services to Croatia worth $238M, with Travel ($99.6M), Other business services ($57.1M), and Transportation ($43.7M) being the largest in terms of value.

In 2009, Croatia exported services to Serbia worth $248M, with Travel ($247M) and Financial services ($622k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Croatia (Flag) (2019)

Services Exports from Croatia (Flag) to Serbia (Flag) (2009)

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 Serbia has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Serbia.

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

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