Import of Goods Value from Croatia (1992-2023)

Import of Goods Value from Croatia (1992-2023)

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TGM StatBox. (2024). Import of Goods Value from Croatia (1992-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Croatia
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Croatia's import value grew from $4.5B in 1992 to $43.2B in 2023, reflecting the country's economic development and integration into the global market. Following the war of independence, imports rose steadily during the late 1990s and early 2000s, supported by reconstruction efforts and increasing trade liberalization. The entry into the EU in 2013 further boosted trade, with imports reaching $22B that year.

Significant growth occurred post-2020, as imports surged to $44.6B in 2022, driven by economic recovery from the COVID-19 pandemic and increased demand for consumer and industrial goods. A slight dip to $43.2B in 2023 suggests stabilization amid global economic pressures. Croatia’s import trends highlight its transition from recovery to growth, supported by EU membership and economic reforms.

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