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2023
Flag → Flag
Exports $34MRnk 145 / 216
2023
Flag → Flag
Top Product $8.93MRaw Aluminium
2023
Flag → Flag
Exports $670MRnk 21 / 197
2023
Flag → Flag
Top Product $492MCars
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH34.1%CURRENT US$
Rnk 104 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$24,491CURRENT US$
Rnk 51 / 196
2013-2023
Flag
GDP PC GROWTH33.7%CURRENT US$
Rnk 71 / 195

About

United Arab Emirates-Slovakia Trade: In 2023, United Arab Emirates exported $34M to Slovakia. The main products that United Arab Emirates exported to Slovakia were Raw Aluminium ($8.93M), Insulated Wire ($6.85M), and Cars ($4.76M). Over the past 5 years the exports of United Arab Emirates to Slovakia have increased at an annualized rate of 0.84%, from $32.6M in 2018 to $34M in 2023.

In 2023, United Arab Emirates did not export any services to Slovakia.

Slovakia-United Arab Emirates Trade: In 2023, Slovakia exported $670M to United Arab Emirates. The main products that Slovakia exported to United Arab Emirates were Cars ($492M), Dental Products ($23.9M), and Air Conditioners ($12.8M). Over the past 5 years the exports of Slovakia to United Arab Emirates have increased at an annualized rate of 18.4%,  from $288M in 2018 to $670M in 2023.

In 2023, Slovakia did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $34M to Slovakia. The main products exported from United Arab Emirates to Slovakia were Raw Aluminium ($8.93M), Insulated Wire ($6.85M), and Cars ($4.76M). During the last 5 years the exports of United Arab Emirates to Slovakia have increased at an annualized rate of 0.84%, from $32.6M in 2018 to $34M in 2023.

In 2018, Slovakia exported $670M to United Arab Emirates. The main products exported from Slovakia to United Arab Emirates were Cars ($492M), Dental Products ($23.9M), and Air Conditioners ($12.8M). During the last 5 years the exports of Slovakia to United Arab Emirates have increased at an annualized rate of 18.4%, from $288M in 2023 to $670M in 2018.

Exports from United Arab Emirates (Flag) to Slovakia (Flag) (2023)

Exports from Slovakia (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Slovakia (Flag)

United Arab Emirates Exports

Slovakia Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Slovakia
Top DestinationGermany$21.5B

This map shows whether countries import more from United Arab Emirates or Slovakia. Each country is colored based on the difference in imports they receive from United Arab Emirates and Slovakia or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Slovakia included India ($38.2B), China ($40.2B), and Japan ($37.4B).

In 2023, countries that imported more from Slovakia than United Arab Emirates included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

Difference in imports from Slovakia (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Slovakia

Flow
Scale

This chart compares trade between United Arab Emirates and Slovakia by product, considering products traded by both, United Arab Emirates and Slovakia.

During 2023, United Arab Emirates had a large net trade with Slovakia in the exports of Metals ($10.2M), Machines ($10.1M), and Transportation ($5.39M).

During 2018, Slovakia had a large net trade with United Arab Emirates in the exports of Transportation ($506M), Machines ($74.3M), and Chemical Products ($30.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Slovakia+$8.64MCars
Top Product Potential Slovakia United Arab Emirates+$127MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Slovakia. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Slovakia. Similarly, a dot/product with the flag of Slovakia indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Slovakia (Flag) (2023)

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