72569 v2 World Trade Indicators 2009/10 Croatia: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $69,332 $15,636 0.17% $14,553 No 2000 4 0 TRADE PERFORMANCE‡ Croatia HI non- Ranking Decile OECD High inc TRADE POLICY (TP) (out of 125) 22 2 EXTERNAL ENVIRONMENT (EE) (out of 125) 66 6 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 103 6 TRADE FACILITATION (TF) (out of 155) 74 5 TRADE OUTCOME (TO) (out of 157) 115 8 Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) .. 4.3 4.0 * TTRI (applied tariff including preferences) .. 4.0 4.0 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. .. .. MFN applied tariff - simple avg (%) .. 7.6 4.9 5.0 TTRI (MFN) Dispersion (coefficient of variation) .. 1.1 1.3 1.3 Maximum rate (excl. alcohol and tobacco) .. .. 53.6 60.6 Agriculture - simple avg (%) .. 11.3 11.1 11.4 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) .. 7.0 4.0 4.0 MFN applied tariff - trade weighted avg (%) .. 7.1 4.8 4.9 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) .. 2.8 1.6 1.6 Agriculture .. 8.1 12.9 13.1 Import duties Nonagriculture .. 2.4 0.6 0.5 Applied tariff (incl. prefs.) - production weighted avg (%) .. 5.9 3.4 * 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) 1.5 1.2 1.2 * Croatia HI non-OECD High inc Agriculture .. 9.4 7.9 8.0 Nonagriculture .. 0.9 2.0 2.0 Import duties (% of imports) 7.0 2.9 1.2 1.1 * Tariff overhang (MFN bound minus MFN applied rate,%) .. -1.5 1.4 1.4 GATS commit. Bound tariff frequency ratio (% of total lines) .. 100.0 100.0 100.0 index Non-ad valorem tariff frequency ratio (%) .. 2.7 5.9 6.0 Non-tariff measures frequency ratio (%) .. .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Croatia HI non-OECD High inc Overall GATS commitment index (0-100, best) .. 48.5 48.5 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 3.4 3.2 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 7.3 7.0 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 6.3 2.6 2.2 2.5 ROW applied(wgt avg) Agriculture 29.5 10.4 10.3 15.1 Nonagriculture 4.9 1.9 1.2 0.8 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 10.7 22.2 32.7 34.5 * Exports to FTA / CU partners (% of total exports) 0.0 67.7 74.6 84.6 Croatia 0 HI non-OECD High inc 1 Anti-dumping initiations faced 0.6 0.2 0.3 0.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) -0.3 1.3 2.2 4.1 All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 107 110 103 Ease of Starting a business (rank) .. 96 100 101 Doing 160 Business Enforcing contracts (rank) .. 44 43 45 Rank Closing a business (rank) .. 81 82 82 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Croatia Regulatory Quality (-2.5 to +2.5, best) 0.49 0.38 0.42 0.50 HI non-OECD Rule of Law (-2.5 to +2.5, best) 0.06 -0.05 0.03 0.08 High inc 0 Control of Corruption (-2.5 to +2.5, best) 0.21 0.09 0.06 0.12 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. 2.7 2.8 Efficiency of customs and other border procedures .. .. 2.4 2.6 Quality of transport and IT infrastructure .. .. 2.5 2.4 Logistics Performance Ease of arranging competitively-priced shipments .. .. 2.7 3.0 Index Logistics competence .. .. 2.8 2.5 Ability to track and trace shipments .. .. 2.5 2.8 0 2 4 Timeliness of shipments .. .. 3.5 3.2 Croatia HI non-OECD High inc Trading Across Borders (Doing Business, rank out of 183) 99 96 No. of documents required for export .. .. 8 7 200 No. of days required to export .. .. 26 20 160 Cost to export (US$ per container) .. .. 1,233 1,281 120 No. of documents required for import .. .. 10 8 80 No. of days required to import .. .. 22 16 40 Cost to import (US$ per container) .. .. 1,198 1,141 0 Telephones (fixed + mobile) per 100 people 35.4 88.3 148.8 175.3 Trading Across Borders Rank Internet users per 100 people 2.2 18.0 41.6 50.6 Croatia HI non-OECD High inc Export credit insured exposures - short term (% of goods export) .. 75.0 89.0 TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 8.6 8.3 4.8 2.8 Real Trade Growth Rate 10 Exports 8.1 7.8 4.1 1.7 9 9.1 8.7 8.6 8.3 8 8.1 7.8 Imports 9.3 8.8 5.4 3.6 7 6.6 6.7 6 Goods 6.9 228.8 8.3 2.3 5 4.8 4 Services -0.2 244.1 2.3 5.6 3 3.4 2.8 2.7 2 Nominal growth in trade of goods and services (%) 5.2 16.6 14.5 18.2 1 0 Exports 2.5 17.3 13.9 17.6 1995-99 2000-04 2005-07 2008 Imports 8.5 16.0 14.9 18.7 Croatia HI non-OECD Trade integration (trade as % of GDP) 77.2 90.3 92.9 93.1 High inc Goods balance (% GDP) -16.5 -19.6 -21.9 -23.2 Export Composition (2005-08) Food balance (% GDP) -1.5 -1.4 -1.4 -1.6 Oth com Services balance (% GDP) 6.9 13.2 14.8 15.3 ser, 7.2 Goods share of total exports (%) 56.3 47.7 49.0 48.6 Agric, 7.0 Services share of total exports (%) 43.7 52.3 51.0 51.4 Goods exports as a share of world goods exports (rank)** 72 74 75 74 Travel , 37.8 Manufac, Services exports as share of world services exports (rank)** 48 41 43 42 33.2 Foreign Direct Investment (FDI) inflows (% of GDP) 3.0 5.0 6.5 6.3 Total remittances inflows (% GDP) 2.6 3.2 2.5 2.3 Export product concentration index (0-100, most) 12.4 13.0 11.7 12.1 Fuels, 6.9 Transport Minral, , 6.0 Export market concentration index (0-100, most) 33.7 33.2 27.3 24.1 2.1 Top 5 export markets (shares) Italy (19%), Bosnia and Herzegovina (15%), Germany (11%), Slovenia (8%), Austria (6%) Top 5 import markets (shares) Italy (17%), Germany (13%), Russian (10%), China, People's Rep. of (6%), Slovenia (6%) Top 5 export products (SITC 3 digit-shares) 793-Ships (13%), 334-Hvy petrol. (9%), 771-Elect power transm equip (3%), 821-Furniture (3%), 562-Manu. fertilizers (2%) Top 5 import products (SITC 3 digit-shares) 333-Petrol, crude (8%), 781-Cars (5%), 334-Hvy petrol. (4%), 793-Ships (4%), 542-Medicaments (2%) ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.