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2022
Exports $589MWorld Rnk 34 / 223
Flag Rnk 5 / 1200
2022
Destination $24MN/A
2021 - 2022
FASTEST GROWING MARKET $24MUnited States
2022
PRODUCT COMPLEXITY IN Electrical Transformers0.65Rnk 294 / 1025
2022
Imports $143MWorld Rnk 68 / 225
Flag Rnk 62 / 1204
2022
Origin $11.8M Italy
2021 - 2022
FASTEST GROWING ORIGIN $11.8MAustria
2022
ECONOMIC COMPLEXITY of Croatia0.8Rnk 34 / 133

About

The fastest growing export markets for Electrical Transformers of Croatia between 2021 and 2022 were United States ($24M), Norway ($20.4M), and Italy ($17.9M).

Imports In 2022, Croatia imported $143M in Electrical Transformers, becoming the 68th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 62nd most imported product in Croatia. Croatia imports Electrical Transformers primarily from: Italy ($23.6M), Austria ($19.1M), Germany ($16.7M), China ($16.4M), and Slovakia ($11.5M).

The fastest growing import markets in Electrical Transformers for Croatia between 2021 and 2022 were Austria ($11.8M), China ($8.01M), and Slovakia ($3.85M).

Latest Trends

Sep 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 Electrical Transformers. 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)$589M
IMPORTS (2022)$143M
NET TRADE (2022)$446M

In 2022, Croatia imported $143M in Electrical Transformers, mainly from Italy ($23.6M), Austria ($19.1M), Germany ($16.7M), China ($16.4M), and Slovakia ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
United States$24M (67.5%)
Norway$20.4M (93.3%)
Italy$17.9M (77.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Croatia WERE (2021 - 2022):
Netherlands-$18.3M (-25.1%)
Belgium-$8.54M (-88%)
Oman-$7.65M (-30.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Electrical Transformers were:
China $54.1B
Germany $12.2B
United States $6.63B
In 2022, Croatia's main importing competitors in Electrical Transformers were:
United States $23.5B
Germany $12.4B
China $9.37B

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.6M
TOP IMPORT POTENTIALChina+ $15.9M

Electrical Transformers’s highest export potential is United States. With an export gap of $47.6M.   Electrical Transformers’s highest import potential is China with an import gap of $15.9M.

See methodology.

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