Croatia-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $8.77B total volume •Croatia deficit: $3.40B
Croatia → Germany
$2.69B
Exports (2023)
Germany → Croatia
$6.09B
Imports (2023)
Trade Balance
$3.40B
Deficit for Croatia
Total Trade
$8.77B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Croatia and Germany. Green line shows exports from Croatia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Croatia-Germany commercial relationship and competitive positioning in global markets.
Croatia → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Croatia's export portfolio to Germany demonstrates strong diversification across multiple sectors, with insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors representing a key competitive advantage in this bilateral market.
Germany → Croatia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Croatia's import pattern from Germany reveals significant dependencyin vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Croatia demonstrates competitive strength in exportinginsulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $8.77B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Croatia-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $8.77 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Croatia maintains a deficit of $3.40 billion
- Export Focus: Croatia's primary exports include insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors, footwear: n.e.c. in heading no. 6403, covering the ankle, outer soles of rubber, plastics or composition leather, uppers of leather, chocolate and other food preparations containing cocoa: in blocks, slabs or bars, filled, weighing 2kg or less
- Import Dependencies: Key imports from Germany include vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $8.77B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Croatia leveraging its comparative advantages in insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Croatia's specialization in insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectorscomplements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $8.77B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $8.77B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $8.77 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors and vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Croatia's trade deficit of $3.40 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Croatia and Germany represents a total trade volume of $8.77 billion in 2023. This partnership demonstrates an unfavorable trade balance for Croatia, with imports exceeding exportsby $3.40 billion.
Export Strengths
Croatia's exports to Germany total $2.69 billion, with competitive advantages in insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors, representing $132.56M or4.9% of bilateral exports.
Import Dependencies
Imports from Germany amount to $6.09 billion, highlighting economic interdependence in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, with Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc comprising4.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Croatia's strategic sourcing from Germany. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Croatia and Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023