• Croatia

    Croatia

    DEVELOPMENT CHALLENGES 

    Croatia unilaterally declared its independence from the former Yugoslavia in 1991, which culminated in the four-year Croatian War of Independence. Economic growth has been consistently high since 1995, with GDP growing annually by 5.3% until 1998 and by 4.3% between 2000 and 2008. The most developed country among the countries of Eastern Europe and Central Asia (excluding the new EU member-states), Croatia had a GNI per capita of US$13,780 in 2010 and belongs to the “high” income country grouping. The Human Development Index (HDI) is “very high”, with a value of 0.796, placing Croatia in 46th place of 187 countries. Croatia has also been a member of the WTO since 2000. However, the global financial crisis has taken a severe toll on Croatia, with the economy contracting by 7.2% in 2009-2010; the recovery is expected to be very modest based on a slight upturn in exports and consumption spending. The country also faces some development challenges.

    • Poverty and inequality
    • High unemployment
    • Skills gap

    KEY TRADE ISSUES 

    • Limited access to finance
    • Underdeveloped transport infrastructure
    • Cumbersome business environment and customs procedures

    GOVERNMENT PRIORITIES 

    Having concluded the difficult six-year-long accession negotiations in June 2011, Croatia is set to become the 28th member of the EU in July 2013.

    Leading up to full membership, the Government of Croatia aims to achieve growth and employment in a competitive market economy acting within a European welfare state of the 21st century, as defined in the country’s Strategic Framework for Development 2006-2013 (SFD).

    To reach this strategic goal, the SFD focuses on ten areas, with sectoral development strategies in most areas. These areas include:

    • People and knowledge;
    • Science, technology and information and communication technology (ICT);
    • Social cohesion and justice;
    • Transport and energy infrastructure;
    • Space, nature, environment and regional development;
    • Macroeconomic stability and economic openness;
    • Finance and capital;
    • The entrepreneurial climate;
    • Privatization and restructuring; and
    • The new role of the state.

    More detailed information on Croatia can be found here. 

    Trade and Tariff Graphs

    Graphs of the country’s export markets, its export performance in a key sector and tariffs exporters of a sample product face.
    Trademap sample Trademap sample: The map uses color codes to illustrate the relative size of different markets in the overall exports of the country shown in pink.
    Trademap sample Trademap sample: The vertical axis shows import values by key importing countries, while the horizontal axis shows export values by the country for the same sector. I.e. the country has gained market share in the case of an importing country at the bottom right of chart and lost market share for countries top left. The size of circles is proportional to market size.
    Market access map sample Market access map sample: The world map shows trade values and tariff levels for a key export product by importing countries. Color codes indicate protection levels. Red circles denote trade volumes.

    Trade and Investment Data

    Detailed data on the country’s export performance, key imports and foreign investment, grouped by product and service categories (HS and BOP).

    Trade Information Sources

    A listing of country specific print and online publications on trade related topics. Includes information from both ITC and external sources.

    Trade Contacts

    The most important trade contacts, including importers’ and exporters’ associations, trade support institutions, trade promotion organizations and institutions providing business development assistance.