Export News
28-04-2024
According to export data from Croatia, the value of products exported from Croatia to the world reached $24.9 billion in 2023. This represents a decrease of -1.7% compared to $25.5 billion in 2022.
Based on Croatia's export data, the top 5 most valuable export products from Croatia are processed petroleum, electric energy, dosage mixtures, electrical converters or power units, and petroleum gases. These five main export products together account for 16.5% of Croatia's total export sales.
Croatia's Main Trading Partners
The latest export data from Croatia shows that 75.1% of Croatia's exported products are purchased by importers from the following countries: Italy (12.1%), Germany (12.1%), Slovenia (11.1%), Bosnia and Herzegovina (10.2%), Hungary (6.8%), Serbia (6.3%), Austria (5.6%), the United States (2.54%), France (2.53%), Poland (2.4%), Spain (1.8%), and the Czech Republic (1.7%).
According to Croatia's export data, in 2023, EU member states purchased 67.3% of Croatia's export expenditure. From a continental perspective, 90.8% of Croatia's exports go to other European countries, while 4.3% go to Asian importers. Croatia also exports an additional 3.1% of goods to North America. Buyers in Africa (1.2%), Oceania (0.3%), and Latin America (0.2%) account for a smaller proportion.
Top 10 Export Products from Croatia
Based on Croatia's export data for 2023, in two-digit HS codes, the top 10 export commodities from Croatia account for 54.9% of Croatia's total exports:
1. Mineral fuels including oil: $3 billion (12.1% of total exports)
2. Electrical machinery and equipment: $2.4 billion (9.5%)
3. Machinery including computers: $2 billion (8.1%)
4. Wood: $1.2 billion (4.8%)
5. Pharmaceuticals: $1.17 billion (4.7%)
6. Vehicles: $872.4 million (3.5%)
7. Iron and steel products: $812.3 million (3.3%)
8. Knitted or crocheted apparel and accessories: $791.1 million (3.2%)
9. Plastics and plastic products: $738.7 million (3%)
10. Aluminum: $731.1 million (2.9%)
According to export data from Croatia, Cars are the fastest-growing category among Croatia's top 10 export categories, growing by 21.5% from 2022 to 2023. The second-highest increase in export sales is in knitted or crocheted apparel and accessories, which grew by 16.6%. Machinery including computers from Croatia saw the third-highest increase in shipment volume, growing by 15.8%, ahead of electrical machinery and equipment (12.1%).
Two categories among Croatia's top 10 exports declined, namely mineral fuels including oil (down -38.9% compared to 2022) and wood exports (down -16.5%).
At a finer level of four-digit Harmonized Tariff System (HTS) codes, Croatia's most valuable export product in 2023 is processed petroleum (4.9%). This category is followed closely by electric energy (3.4%), dosage mixtures (3.2%), electrical converters or power units (2.7%), petroleum gases (2.3%), insulated wire or cable (2%), sawn wood (2%), automotive parts or accessories (1.4%), blood fractions including antisera (1.4%), and knitted or crocheted stockings and socks (1.4%).
According to export data provided by Tendata, the top 10 specific product export data from Croatia in 2023 are:
1.HS Code:8902001000(53.14%, $30.53 Million):Fishing vessels; factory ships and other vessels for processing or preserving fishery products (excluding fishing boats for sport): Trawlers and othr fshing vessels
2.HS Code:993099000000(32%, $18.38 Million):Provisions for aircraft and ships,non food
3.HS Code:8905101000(2.5%, $1.43 Million):Sea-going dredgers
4.HS Code:320890910029(1.62%, $0.93 Million):Paints and varnishes based, incl. enamels and lacquers, on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a non-aqueous medium, and solutions of products of headings 3901 to 3913 in volatile organic solvents, contain
5.HS Code:3004900002(0.92%, $0.53 Million):Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids
6.HS Code:854442900000(0.64%, $0.37 Million):Electric conductors for a voltage <= 1.000 V, insulated, fitted with connectors, n.e.s.: Othr elctrc cndctrs fitted wth connctrs fr <=1000v excl papr plsctic and rubber insulated
7.HS Code:6212109000(0.48%, $0.28 Million):Brassieres of all types of textile materials, whether or not elasticated, incl. knitted or crocheted (excl. in a set mad
8.HS Code:321000900011(0.4%, $0.23 Million):Paints and varnishes, incl. enamels, lacquers and distempers (excluding those based on synthetic polymers or chemically modified natural polymers); prepared water pigments of a kind used for finishing leather: Othr paint varnsh incl enml laqursanddstmpr p
9.HS Code:848180850000(0.38%, $0.22 Million):Appliances for pipes, boiler shells, tanks, vats or the like (excl. pressure-reducing valves, valves for the control of pneumatic power transmission, check "non-return" valves and safety or relief valves) + detailed label not available +
10.HS Code:841239009000(0.33%, $0.19 Million):Pneumatic power engines and motors (excluding linear acting)
Tendata iTrader aggregates trade data from 218 countries and detailed information on over 130 million import-export enterprises worldwide.
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