2022
Flag  
GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Croatia-Nigeria Trade: In 2022, Croatia exported $12M to Nigeria. The main products that Croatia exported to Nigeria were Prefabricated Buildings ($7.31M), Electrical Transformers ($2.09M), and Gas Turbines ($407k). Over the past 5 years the exports of Croatia to Nigeria have increased at an annualized rate of 32.3%, from $2.96M in 2017 to $12M in 2022.

In 2020, Croatia exported services to Nigeria worth $800k, with Computer and information services ($800k) being the largest in terms of value.

Nigeria-Croatia Trade: In 2022, Nigeria exported $15.6M to Croatia. The main products that Nigeria exported to Croatia were Petroleum Gas ($14.1M), Wood Charcoal ($434k), and Perfume Plants ($288k). Over the past 5 years the exports of Nigeria to Croatia have increased at an annualized rate of 142%,  from $189k in 2017 to $15.6M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $12M to Nigeria. The main products exported from Croatia to Nigeria were Prefabricated Buildings ($7.31M), Electrical Transformers ($2.09M), and Gas Turbines ($407k). During the last 5 years the exports of Croatia to Nigeria have increased at an annualized rate of 32.3%, from $2.96M in 2017 to $12M in 2022.

In 2017, Nigeria exported $15.6M to Croatia. The main products exported from Nigeria to Croatia were Petroleum Gas ($14.1M), Wood Charcoal ($434k), and Perfume Plants ($288k). During the last 5 years the exports of Nigeria to Croatia have increased at an annualized rate of 142%, from $189k in 2022 to $15.6M in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Nigeria (Flag)

Croatia Exports

Nigeria Exports

Date

Market Competitiveness

Color
Croatia
Top Destination
Italy$3.44B
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Croatia than Nigeria included Slovenia ($2.87B), Hungary ($2.65B), and Bosnia and Herzegovina ($2.45B).

In 2022, countries that imported more from Nigeria than Croatia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Croatia - Nigeria

Flow
Scale

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

During 2022, Croatia had a large net trade with Nigeria in the exports of Miscellaneous ($7.31M), Machines ($3.07M), and Foodstuffs ($370k).

During 2017, Nigeria had a large net trade with Croatia in the exports of Mineral Products ($14.1M), Vegetable Products ($723k), and Wood Products ($434k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Nigeria+$2.23MElectrical Transformers
Top Product Potential Nigeria Croatia+$21MPetroleum Gas

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 Nigeria. This means that a dot/product with the flag of Croatia indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Croatia.

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

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