{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:13.436Z", "seo": { "title": "Croatia exports to Belgium: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Croatia to Belgium, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "HRV", "country_name": "Croatia" }, "importer": { "iso3": "BEL", "country_name": "Belgium" }, "latestYear": 2024, "risk": { "exporter_iso3": "HRV", "importer_iso3": "BEL", "all_history_lane_count": 237, "current_lane_count": 156, "current_product_count": 156, "first_observed_last_year": 1999, "latest_data_year": 2024, "current_trade_usd": 203473656.26540723, "attention_trade_usd": 77948037.7051795, "critical_trade_usd": 49929567.84510432, "high_volatility_trade_usd": 61584553.92724554, "unrecovered_drawdown_trade_usd": 77608194.78173396, "declining_demand_trade_usd": 7590325.39140758, "concentrated_market_trade_usd": 77641624.91014601, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 10, "high_volatility_lane_count": 71, "unrecovered_drawdown_lane_count": 48, "declining_demand_lane_count": 5, "concentrated_market_lane_count": 37, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.0724536131113125, "trade_weighted_below_peak_pct": 32.61807089947799, "product_concentration_hhi": 823.9777524169658, "top1_product_share_pct": 24.538590774609727, "top3_product_share_pct": 39.27248191043703, "top_product_hs6": "300215", "top_product_trade_usd": 49929567.84510432, "top_product_description": "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", "top_attention_product_hs6": "300215", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 1024.412109375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": null, "has_reported_fta": 1, "avg_applied_tariff_pct": 1.123922034543295, "avg_mfn_tariff_pct": 3.7128691417624524, "avg_preferential_tariff_pct": 0.9675225982757165, "tariff_advantage_pp": 2.745346543486736, "buyer_biz_entry_days": 5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 599879.025378, "buyer_gdp_pc_latest": 51768, "buyer_population_latest": 11587.882, "buyer_gdp_5y_cagr_pct": 4.5783569491818055, "buyer_gdp_pc_5y_cagr_pct": 3.918136849252618, "buyer_population_5y_cagr_pct": 0.6353271141561478, "buyer_investment_5y_avg_pct": 23.874000000000002, "buyer_savings_5y_avg_pct": 24.938, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 38.30866321264977, "critical_trade_share_pct": 24.538590774609727, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets" ], "attention_level": "Critical attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 599879.025378, "buyer_gdp_pc_2024": 51768, "buyer_population_2024": 11587.882 }, "history": [ { "year": 1999, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 44313312.46408392, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 46191245.95211439, "yoy_growth_pct": 4.23785400730885, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 51002095.58490476, "yoy_growth_pct": 10.41506790654163, "cagr_3y_pct": null }, { "year": 2002, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 51319014.05806669, "yoy_growth_pct": 0.621383238330564, "cagr_3y_pct": 5.014200334348873 }, { "year": 2003, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 47523801.707286984, "yoy_growth_pct": -7.3953337187761985, "cagr_3y_pct": 0.9525203902829515 }, { "year": 2004, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 70914312.50767554, "yoy_growth_pct": 49.21851779547766, "cagr_3y_pct": 11.613131198632232 }, { "year": 2005, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 53094031.764293164, "yoy_growth_pct": -25.129314680239712, "cagr_3y_pct": 1.139887696743358 }, { "year": 2006, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 50722967.660131074, "yoy_growth_pct": -4.465782735596813, "cagr_3y_pct": 2.1953557835700632 }, { "year": 2007, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 66628897.0961714, "yoy_growth_pct": 31.358436167650726, "cagr_3y_pct": -2.056359475935998 }, { "year": 2008, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 86172267.0294269, "yoy_growth_pct": 29.331672570006397, "cagr_3y_pct": 17.518779141839214 }, { "year": 2009, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 56905146.34175951, "yoy_growth_pct": -33.96350322044213, "cagr_3y_pct": 3.9079946159273904 }, { "year": 2010, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 73050972.49357939, "yoy_growth_pct": 28.37322665836175, "cagr_3y_pct": 3.114828974972239 }, { "year": 2011, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 99246282.61627424, "yoy_growth_pct": 35.858947839465394, "cagr_3y_pct": 4.821147584484398 }, { "year": 2012, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 109376597.07302842, "yoy_growth_pct": 10.20724826129964, "cagr_3y_pct": 24.334300194657143 }, { "year": 2013, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 92923368.97721057, "yoy_growth_pct": -15.042731750771498, "cagr_3y_pct": 8.351014420516734 }, { "year": 2014, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 141010836.50483796, "yoy_growth_pct": 51.74959545366982, "cagr_3y_pct": 12.420646911274824 }, { "year": 2015, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 138699032.32949603, "yoy_growth_pct": -1.639451429864125, "cagr_3y_pct": 8.238809748106313 }, { "year": 2016, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 140350131.31942037, "yoy_growth_pct": 1.1904185358712294, "cagr_3y_pct": 14.735010253778459 }, { "year": 2017, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 309053793.28424436, "yoy_growth_pct": 120.2019979453203, "cagr_3y_pct": 29.895427380086836 }, { "year": 2018, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 279415369.9345465, "yoy_growth_pct": -9.590053250839315, "cagr_3y_pct": 26.29678255384251 }, { "year": 2019, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 253238635.32682618, "yoy_growth_pct": -9.368394664134705, "cagr_3y_pct": 21.74161173103384 }, { "year": 2020, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 250481294.51913407, "yoy_growth_pct": -1.0888310166944026, "cagr_3y_pct": -6.764692633225289 }, { "year": 2021, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 234645293.89346787, "yoy_growth_pct": -6.322228833920573, "cagr_3y_pct": -5.654645903177946 }, { "year": 2022, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 205846762.34134, "yoy_growth_pct": -12.273219323632711, "cagr_3y_pct": -6.6735616452236135 }, { "year": 2023, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 220232445.9158785, "yoy_growth_pct": 6.988540121259623, "cagr_3y_pct": -4.199303250679309 }, { "year": 2024, "exporter_iso3": "HRV", "importer_iso3": "BEL", "export_value_usd": 236300478.22811657, "yoy_growth_pct": 7.295942360089636, "cagr_3y_pct": 0.23458210845319627 } ], "riskLanes": [ { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "300215", "hs_description": "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", "buyer_imports_latest_usd": 5161855767.617946, "current_below_peak_pct": 70.41989222772371, "lane_volatility_cv": 0.981127193201695, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "440890", "hs_description": "Wood: n.e.s. in heading no. 4408, sheets for veneer or plywood, other wood sawn lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, not thicker than 6mm", "buyer_imports_latest_usd": 72095373.31556875, "current_below_peak_pct": 7.547951006982019, "lane_volatility_cv": 0.7468384653949302, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "382499", "hs_description": "Chemical products, mixtures and preparations: n.e.c. heading 3824", "buyer_imports_latest_usd": 1003383047.2639337, "current_below_peak_pct": 0, "lane_volatility_cv": 3.2502174114520384, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "240220", "hs_description": "Cigarettes: containing tobacco", "buyer_imports_latest_usd": 375941962.3183915, "current_below_peak_pct": 0, "lane_volatility_cv": 0.40132130477979944, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "100390", "hs_description": "Cereals: barley, other than seed", "buyer_imports_latest_usd": 440139418.9043102, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "940690", "hs_description": "Buildings: prefabricated, not of wood", "buyer_imports_latest_usd": 146242857.30844605, "current_below_peak_pct": 0, "lane_volatility_cv": 1.919743414626449, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "300212", "hs_description": "Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions", "buyer_imports_latest_usd": 1754212266.704197, "current_below_peak_pct": 65.20592849955923, "lane_volatility_cv": 0.924155519731848, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "180631", "hs_description": "Chocolate and other food preparations containing cocoa: in blocks, slabs or bars, filled, weighing 2kg or less", "buyer_imports_latest_usd": 199459031.78052664, "current_below_peak_pct": 0, "lane_volatility_cv": 1.8361185813062786, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "940490", "hs_description": "Bedding and similar furnishing articles: n.e.c. in heading no. 9404 (e.g. quilts, eiderdowns, cushions, pouffes and pillows)", "buyer_imports_latest_usd": 145525770.98922092, "current_below_peak_pct": 25.193717231864504, "lane_volatility_cv": 0.6342083092674297, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "HRV", "importer_iso3": "BEL", "hs_code": "844399", "hs_description": "Printing machinery: parts and accessories, n.e.c. in item no. 8443.91", "buyer_imports_latest_usd": 342853657.7429232, "current_below_peak_pct": 21.757525401466413, "lane_volatility_cv": 1.4591166832956268, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "HRV", "importer_iso3": "BEL", "distance_km": 1026, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 1, "importer_is_eu": 1, "importer_gdp_million_usd": 599879.0253780001, "importer_gdp_per_capita_usd": 51767.78857240694, "importer_population": 11587.882, "importer_biz_entry_days": 5, "importer_biz_entry_cost_pct": 5.3, "exporter_gdp_million_usd": 67837.78854400001, "exporter_gdp_per_capita_usd": 17398.76597691716, "avg_applied_tariff_pct": 1.123922034543295, "avg_mfn_tariff_pct": 3.7128691417624524, "avg_preferential_tariff_pct": 0.9675225982757165, "tariff_advantage_pp": 2.745346543486736 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/HRV-BEL/risk", "html": "https://www.yugalinks.com/trade/corridor/HRV-BEL/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/HRV-BEL/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/HRV-BEL/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/HRV-BEL/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }