A country in southeastern Europe Croatia occupies a land area of 56,594 square kilometers with borders in different directions leading to nations like Slovenia, Hungary, Serbia, Bosnia and Herzegovina. The country has a stunning coastline with the Adriatic Sea which makes it a top choice for traders across the world because of more flexibility in the mobility of traded goods. Due to the vast amount of mechanical and industrial equipment production within the land surface area of the region, the country majorly relies on the trade of mechanical goods for suitable revenue generation for economic stability.
The improving economic health of the nation accompanied by the industrial and agricultural factors with a significant contribution from finance and tourism have led to a GDP of 75.98 billion US dollars in 2023; a significant growth rate of 2.3% from the previous year’s GDP of 72.45 billion US dollars. The increasing demands of domestic necessities and industries for goods have recorded a boosted import trade value of 28 billion US dollars in 2023.