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2022
Flag → Flag
Exports $79.9MRnk 63 / 209
2022
Flag → Flag
Top Product $43.1MRaw Aluminium
2022
Flag → Flag
Exports $101MRnk 33 / 182
2022
Flag → Flag
Top Product $42.3MElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Norway-Croatia Trade: In 2022, Norway exported $79.9M to Croatia. The main products that Norway exported to Croatia were Raw Aluminium ($43.1M), Fish: dried, salted, smoked or in brine ($5.77M), and Electrical Control Boards ($2.52M). Over the past 5 years the exports of Norway to Croatia have increased at an annualized rate of 19.2%, from $33.2M in 2017 to $79.9M in 2022.

In 2022, Norway did not export any services to Croatia.

Croatia-Norway Trade: In 2022, Croatia exported $101M to Norway. The main products that Croatia exported to Norway were Electrical Transformers ($42.3M), Other Sea Vessels ($8.72M), and Passenger and Cargo Ships ($5.59M). Over the past 5 years the exports of Croatia to Norway have increased at an annualized rate of 4.38%,  from $81.4M in 2017 to $101M in 2022.

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK74.9M and imported NOK44.1M from Croatia, resulting in a positive trade balance of NOK30.7M. Between September 2023 and September 2024 the exports of Norway have decreased by NOK-976M (-92.9%) from NOK1.05B to NOK74.9M, while imports decreased by NOK-54.7M (-55.4%) from NOK98.9M to NOK44.1M.

Trade In September 2024, the top exports of Norway to Croatia were Electrical machinery, apparatus and appliances, n.e.s.,... (NOK9.93M), Fish (not marine mammals), crustaceans, molluscs... (NOK9.48M), Telecommunications and sound-recording and reproducing apparatus... (NOK3.96M), Non-ferrous metals (NOK3.6M), and Paper, paperboard and articles of paper... (NOK2.29M). In September 2024 the top imports of Norway from Croatia were Electrical machinery, apparatus and appliances, n.e.s.,... (NOK10.4M), General industrial machinery and equipment, n.e.s.,... (NOK5.69M), Manufactures of metals, n.e.s. (NOK2.88M), Machinery specialized for particular industries (NOK2.44M), and Footwear (NOK2.22M).

Growth In September 2024, the decrease in Norway's year-by-year exports to Croatia was explained primarily by an decrease in product exports in Non-ferrous metals (NOK-24.7M or -87.3%), Professional, scientific and controlling instruments and... (NOK-7.02M or -80%), and General industrial machinery and equipment, n.e.s.,... (NOK-3.67M or -75.5%). In September 2024, the decrease in Norway's year-by-year imports  from Croatia was explained primarily by an decrease in product imports  in Other transport equipment (NOK-13M or -100%), Manufactures of metals, n.e.s. (NOK-2.27M or -44.1%), and Chemical materials and products, n.e.s. (NOK-1.96M or -99.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK-976M(-92.9%)
IMPORT GROWTH (September 2023 - September 2024)NOK-54.7M(-55.4%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Croatia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $79.9M to Croatia. The main products exported from Norway to Croatia were Raw Aluminium ($43.1M), Fish: dried, salted, smoked or in brine ($5.77M), and Electrical Control Boards ($2.52M). During the last 5 years the exports of Norway to Croatia have increased at an annualized rate of 19.2%, from $33.2M in 2017 to $79.9M in 2022.

In 2017, Croatia exported $101M to Norway. The main products exported from Croatia to Norway were Electrical Transformers ($42.3M), Other Sea Vessels ($8.72M), and Passenger and Cargo Ships ($5.59M). During the last 5 years the exports of Croatia to Norway have increased at an annualized rate of 4.38%, from $81.4M in 2022 to $101M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Norway than Croatia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

Comparative Advantage Norway - Croatia

Flow
Scale

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

During 2022, Norway had a large net trade with Croatia in the exports of Metals ($45.7M), Machines ($20.1M), and Animal Products ($7.8M).

During 2017, Croatia had a large net trade with Norway in the exports of Machines ($52.7M), Transportation ($21.8M), and Metals ($6.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Croatia+$903kTelephones
Top Product Potential Croatia Norway+$2.28MRefined Petroleum

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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Bilateral Service Trade

In 2020, Croatia exported services to Norway worth $28.4M, with Travel ($11.8M), Other business services ($11.1M), and Computer and information services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Croatia (Flag) to Norway (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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