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2022
Flag → Flag
Exports $168MRnk 23 / 182
2022
Flag → Flag
Top Product $9.65MPackaged Medicaments
2022
Flag → Flag
Exports $119MRnk 17 / 155
2022
Flag → Flag
Top Product $9.51MOther Small Iron Pipes
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
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GDP GROWTH39.2%CURRENT US$
Rnk 84 / 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
2022
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GDP PC$6,591CURRENT US$
Rnk 100 / 186
2012-2022
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GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186

About

Croatia-North Macedonia Trade: In 2022, Croatia exported $168M to North Macedonia. The main products that Croatia exported to North Macedonia were Packaged Medicaments ($9.65M), Chocolate ($8.96M), and Other Uncoated Paper ($8.26M). Over the past 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 4.69%, from $134M in 2017 to $168M in 2022.

In 2022, Croatia did not export any services to North Macedonia.

North Macedonia-Croatia Trade: In 2022, North Macedonia exported $119M to Croatia. The main products that North Macedonia exported to Croatia were Other Small Iron Pipes ($9.51M), Baked Goods ($8.17M), and Other Processed Vegetables ($8.09M). Over the past 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 3.3%,  from $83.4M in 2017 to $119M in 2022.

In 2022, North Macedonia did not export any services to Croatia.

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $168M to North Macedonia. The main products exported from Croatia to North Macedonia were Packaged Medicaments ($9.65M), Chocolate ($8.96M), and Other Uncoated Paper ($8.26M). During the last 5 years the exports of Croatia to North Macedonia have increased at an annualized rate of 4.69%, from $134M in 2017 to $168M in 2022.

In 2017, North Macedonia exported $119M to Croatia. The main products exported from North Macedonia to Croatia were Other Small Iron Pipes ($9.51M), Baked Goods ($8.17M), and Other Processed Vegetables ($8.09M). During the last 5 years the exports of North Macedonia to Croatia have increased at an annualized rate of 3.3%, from $83.4M in 2022 to $119M in 2017.

Exports from Croatia (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Croatia (Flag) (2022)

Latest Data

Trade between Croatia (Flag) and North Macedonia (Flag)

Croatia Exports

North Macedonia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Croatia than North Macedonia included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

In 2022, countries that imported more from North Macedonia than Croatia included Germany ($3.96B), Greece ($683M), and Bulgaria ($443M).

Difference in imports from North Macedonia (Flag) and Croatia (Flag) (2022)

Comparative Advantage Croatia - North Macedonia

Flow
Scale

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

During 2022, Croatia had a large net trade with North Macedonia in the exports of Foodstuffs ($38.3M), Chemical Products ($33.2M), and Machines ($27.9M).

During 2017, North Macedonia had a large net trade with Croatia in the exports of Foodstuffs ($35.3M), Metals ($34.6M), and Plastics and Rubbers ($14.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia North Macedonia+$1.32MInsulated Wire
Top Product Potential North Macedonia Croatia+$2.09MInsulated Wire

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Croatia and North Macedonia. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Croatia.

Product Space of Croatia (Flag) and North Macedonia (Flag) (2022)

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