2022
Exports
$2.76MWorld Rnk 52 / 158
Flag Rnk 519 / 1200
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$10.4MWorld Rnk 68 / 213
Flag Rnk 470 / 1204
2022
ECONOMIC COMPLEXITY of Croatia
0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $2.76M in Industrial Furnaces, making it the 52nd largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 519th most exported product in Croatia. The main destination of Industrial Furnaces exports from Croatia are: United Kingdom ($869k), Turkey ($604k), Austria ($263k), Hungary ($257k), and Romania ($155k).

The fastest growing export markets for Industrial Furnaces of Croatia between 2021 and 2022 were Turkey ($604k), United Kingdom ($450k), and Hungary ($257k).

Imports In 2022, Croatia imported $10.4M in Industrial Furnaces, becoming the 68th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 470th most imported product in Croatia. Croatia imports Industrial Furnaces primarily from: Italy ($5.54M), China ($2.11M), Bosnia and Herzegovina ($632k), United States ($547k), and Germany ($481k).

The fastest growing import markets in Industrial Furnaces for Croatia between 2021 and 2022 were Italy ($4.19M), China ($1.81M), and United States ($510k).

Latest Trends

Jul 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 Industrial Furnaces. 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)$2.76M
IMPORTS (2022)$10.4M
NET TRADE (2022)-$7.64M

In 2022, Croatia exported $2.76M in Industrial Furnaces. The main destinations of Croatia exports on Industrial Furnaces were United Kingdom ($869k), Turkey ($604k), Austria ($263k), Hungary ($257k), and Romania ($155k).

In 2022, Croatia imported $10.4M in Industrial Furnaces, mainly from Italy ($5.54M), China ($2.11M), Bosnia and Herzegovina ($632k), United States ($547k), and Germany ($481k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Turkey$604k (520k%)
United Kingdom$450k (107%)
Hungary$257k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Croatia WERE (2021 - 2022):
China-$3.46M (-100%)
Netherlands-$624k (-83.6%)
Germany-$365k (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Croatia's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $213k
TOP IMPORT POTENTIALChina+ $808k

Industrial Furnaces’s highest export potential is Turkey. With an export gap of $213k.   Industrial Furnaces’s highest import potential is China with an import gap of $808k.

See methodology.

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