2022
Exports
$471MWorld Rnk 49 / 222
Flag Rnk 7 / 1200
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$312MWorld Rnk 60 / 225
Flag Rnk 12 / 1204
2022
ECONOMIC COMPLEXITY of Croatia
0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $471M in Insulated Wire, making it the 49th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 7th most exported product in Croatia. The main destination of Insulated Wire exports from Croatia are: Germany ($200M), Austria ($74.3M), France ($38M), Hungary ($17.5M), and Serbia ($17.4M).

The fastest growing export markets for Insulated Wire of Croatia between 2021 and 2022 were Austria ($23.2M), Germany ($14.9M), and France ($5.46M).

Imports In 2022, Croatia imported $312M in Insulated Wire, becoming the 60th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 12th most imported product in Croatia. Croatia imports Insulated Wire primarily from: Italy ($53.9M), Austria ($42.8M), Bosnia and Herzegovina ($42.7M), Germany ($30.9M), and Turkey ($26.8M).

The fastest growing import markets in Insulated Wire for Croatia between 2021 and 2022 were Turkey ($19.3M), Bosnia and Herzegovina ($15.5M), and Germany ($7.94M).

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 Insulated Wire. 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)$471M
IMPORTS (2022)$312M
NET TRADE (2022)$158M

In 2022, Croatia exported $471M in Insulated Wire. The main destinations of Croatia exports on Insulated Wire were Germany ($200M), Austria ($74.3M), France ($38M), Hungary ($17.5M), and Serbia ($17.4M).

In 2022, Croatia imported $312M in Insulated Wire, mainly from Italy ($53.9M), Austria ($42.8M), Bosnia and Herzegovina ($42.7M), Germany ($30.9M), and Turkey ($26.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Austria$23.2M (45.4%)
Germany$14.9M (8.05%)
France$5.46M (16.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Croatia WERE (2021 - 2022):
Czechia-$3.26M (-24.2%)
Hungary-$2.54M (-12.7%)
Poland-$1.4M (-12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Insulated Wire were:
In 2022, Croatia's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHungary+ $15.7M
TOP IMPORT POTENTIALChina+ $13.5M

Insulated Wire’s highest export potential is Hungary. With an export gap of $15.7M.   Insulated Wire’s highest import potential is China with an import gap of $13.5M.

See methodology.

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