Slovakia
ECON COMPLEXITY (2018)
1.36
RANK 16 OF 137
PRODUCT EXPORTS (2018)
$92.4B
RANK 39 OF 222
EXPORTS PER CAPITA (2018)
$17K
RANK 120 OF 219
PRODUCT IMPORTS (2018)
$87.2B
RANK 41 OF 221
IMPORTS PER CAPITA (2018)
$16K
RANK 124 of 219
SERVICE EXPORTS (2017)
$9B
RANK 53 OF 139
SERVICE IMPORTS (2017)
$8.19B
RANK 58 OF 139
GDP (2018)
$106B
CURRENT US$
RANK 60 OF 196
GDP GROWTH (2008-2018)
5.41%
CURRENT US$
RANK 156 OF 196
GDP PC (2018)
$19,443
CURRENT US$
RANK 48 OF 196
GDP PC GROWTH (2008-2018)
4.1%
CURRENT US$
RANK 134 OF 196
Overview: In 2018 Slovakia was the number 60 economy in the world in terms of GDP (current US$), the number 39 in total exports, the number 41 in total imports, and the number 16 most complex economy according to the Economic Complexity Index (ECI). In 2018, Slovakia exported $92.4B and imported $87.2B, resulting in a positive trade balance of $5.19B. In 2018, Slovakia’s exports per capita were $17k and its imports per capita were $16k.
Trade: The top exports of Slovakia are Cars ($21.6B), Vehicle Parts($5.43B), Video Displays ($5.09B), Broadcasting Equipment ($4.26B), and Refined Petroleum ($2.03B). The top imports of Slovakia are Vehicle Parts ($8.58B), Broadcasting Equipment ($5.06B), Cars($3.32B), Crude Petroleum ($2.68B), and Petroleum Gas ($1.65B).
Destinations: Slovakia exports mostly to Germany ($20.1B), Czechia($10.6B), Poland ($6.8B), France ($5.91B), and Austria ($5.23B), and imports mostly from Germany ($15.8B), Czechia ($14.3B), Poland($6.49B), Hungary ($5.76B), and Vietnam ($5.4B).
Location: Slovakia borders Austria, Czechia, Hungary, Poland, and Ukraine by land.
Exports
In 2018 Slovakia exported a total of $92.4B, making it the number 39 exporter in the world. During the last five reported years the exports of Slovakia have changed by $14.5B from $77.9B in 2013 to $92.4B in 2018.
The most recent exports are led by Cars ($21.6B), Vehicle Parts ($5.43B), Video Displays ($5.09B), Broadcasting Equipment ($4.26B), and Refined Petroleum ($2.03B).
Imports
In 2018 Slovakia imported $87.2B, making it the number 41 trade destination in the world. During the last five reported years the imports of Slovakia changed by $8.8B from $78.4B in 2013 to $87.2B in 2018.
The most recent imports of Slovakia are led by Vehicle Parts ($8.58B), Broadcasting Equipment ($5.06B), Cars ($3.32B), Crude Petroleum ($2.68B), and Petroleum Gas ($1.65B).
Trade Balance
As of 2018 Slovakia had a negative trade balance of $527M in net imports. As compared to their trade balance in 1995 when they had a positive trade balance of $295M in net exports.
Destinations
The most common destination for the exports of Slovakia are Germany ($20.1B), Czechia ($10.6B), Poland ($6.8B), France ($5.91B), and Austria ($5.23B).
Origins
The most common import partners for Slovakia are Germany ($15.8B), Czechia ($14.3B), Poland ($6.49B), Hungary ($5.76B), and Vietnam ($5.4B).