This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 5/31/2019

Overview
Industrial production accounts for about 21% of the Croatian GDP.  The fastest growing sectors within the processing industry are also the largest: food and beverage (24% of the processing industry), pharmaceutical and chemical products manufacturing (11%), electrical machinery and equipment manufacturers (9%), and rubber, plastic, leather and paper products products (9%).  The processing industry generates 15.5% of the Gross Added Value, a little below the EU average. Over 21,000 enterprises in Croatia are registered in the manufacturing industry; they employ almost 300,000 people and generate about $20 billion of turnover a year.

Key Sector Opportunities
The Croatian government understands the value of smart technologies in industrial production, which has been outlined in the eCroatia 2020 strategy.  The government intends to transform the economy, and improve productivity through the use of $3.3. billion in EU funds for competitiveness, research and development, and information and communication technologies.  Additionally, the Croatian government plans to offer $10,000 vouchers to small and medium-sized manufacturing companies for research and development. 
Digitizing Impulse 2020 is the National Platform for Industry Transformation run by the Croatian Government. It is related to the EU Digital Agenda 2020.  The platform is a basis for the use of 300 million euros from EU funds for the creation of smart, digitized companies and public institutions (these projects are typically 50% funded by the company, 25% by the local government, and 25% by EU funds).

Web Resources
eCroatia 2020 Strategy
Ministry of Economy, Entrepreneurship and Crafts  
Croatian Chamber of Economy, Sector for Industry and IT
 
U.S. Embassy - U.S. Commercial Service
Nina Radicevic, Commercial Assistant
Zagreb, Croatia
Tel: +385 (0)1 661 2090; Fax: +385 (0)1 661 2446
Email: Nina.Radicevic@trade.gov
Website: export.gov/croatia/

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More Information

Croatia Equipment and Machinery Industrial Materials Trade Development and Promotion