Trade Trend

In 2023, Croatia's total export value is 24.94Billion USD, total import value is 43.27Billion USD, Deficit is -18.33Billion USD, and foreign trade dependency is 0.825. In 2023，Croatia's top export products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(1.22Billion USD), Electrical energy(839.54Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(809.12Million USD), top export destinations are Italy(3.02Billion USD), Germany(3.02Billion USD), Slovenia(2.77Billion USD). In 2023, Croatia's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(2.56Billion USD), Petroleum gases and other gaseous hydrocarbons(2.17Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(2.08Billion USD), top import origins are Italy(6.20Billion USD), Germany(6.08Billion USD), Slovenia(4.90Billion USD).

Comparing to 2022, Croatia's total export value decreased -527.65Million USD(-2.07%) in 2023, this could result from its export decreases of products such as Petroleum gases and other gaseous hydrocarbons(-834.39Million USD or -59.43%), Electrical energy(-639.81Million USD or -43.25%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-351.95Million USD or -22.33%) and export decreases to countries/economics such as Hungary(-1.14Billion USD or -40.29%), Slovenia(-152.80Million USD or -5.23%), Bosnia & Herzegovina(-125.54Million USD or -4.71%). Comparing to 2022, Croatia's total import value decreased -1.35Billion USD(-3.04%) in 2023, this could result from its import decreases of products such as Petroleum gases and other gaseous hydrocarbons(-1.94Billion USD or -47.19%), Electrical energy(-1.28Billion USD or -57.30%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-461.47Million USD or -15.29%), and its import decreases from countries/economies such as United States(-2.16Billion USD or -65.21%), Russia(-514.53Million USD or -88.97%), Hungary(-476.40Million USD or -14.82%).

Cumulated to first 7 months of 2024, Croatia's total export value is 8.49Billion USD, total import value is 15.12Billion USD, and tradedeficit is -6.63Billion USD. Cumulated to first 7 months of 2024, Croatia's top export products are Commodities not specified according to kind(1.40Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(418.04Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(280.92Million USD), and top export destinations are None(1.40Billion USD), Bosnia & Herzegovina(982.08Million USD), Germany(762.32Million USD). Cumulated to first 7 months of 2024, Croatia's top import products are Commodities not specified according to kind(1.40Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(418.04Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(280.92Million USD), and top import origins areNone(3.00Billion USD), Italy(1.67Billion USD), Germany(1.62Billion USD).