2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Austria-Slovakia Trade: In 2022, Austria exported $7.4B to Slovakia. The main products that Austria exported to Slovakia were Broadcasting Equipment ($2.9B), Computers ($315M), and Motor vehicles; parts and accessories (8701 to 8705) ($313M). Over the past 5 years the exports of Austria to Slovakia have increased at an annualized rate of 18.4%, from $3.18B in 2017 to $7.4B in 2022.

In 2020, Austria exported services to Slovakia worth $891M, with Transportation ($264M), Travel ($232M), and Other business services ($200M) being the largest in terms of value.

Slovakia-Austria Trade: In 2022, Slovakia exported $5.81B to Austria. The main products that Slovakia exported to Austria were Cars ($467M), Refined Petroleum ($321M), and Raw Copper ($258M). Over the past 5 years the exports of Slovakia to Austria have increased at an annualized rate of 3.5%,  from $4.89B in 2017 to $5.81B in 2022.

In 2020, Slovakia exported services to Austria worth $656M, with Transportation ($364M), Other business services ($104M), and Computer and information services ($93.1M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $7.4B to Slovakia. The main products exported from Austria to Slovakia were Broadcasting Equipment ($2.9B), Computers ($315M), and Motor vehicles; parts and accessories (8701 to 8705) ($313M). During the last 5 years the exports of Austria to Slovakia have increased at an annualized rate of 18.4%, from $3.18B in 2017 to $7.4B in 2022.

In 2017, Slovakia exported $5.81B to Austria. The main products exported from Slovakia to Austria were Cars ($467M), Refined Petroleum ($321M), and Raw Copper ($258M). During the last 5 years the exports of Slovakia to Austria have increased at an annualized rate of 3.5%, from $4.89B in 2022 to $5.81B in 2017.

Exports from Austria (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Slovakia (Flag)

Austria Exports

Slovakia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Austria than Slovakia included Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

In 2022, countries that imported more from Slovakia than Austria included Czechia ($12.6B), Ukraine ($1.55B), and Poland ($8.05B).

Difference in imports from Slovakia (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Slovakia

Flow
Scale

This chart compares trade between Austria and Slovakia by product, considering products traded by both, Austria and Slovakia.

During 2022, Austria had a large net trade with Slovakia in the exports of Machines ($4.32B), Metals ($673M), and Transportation ($636M).

During 2017, Slovakia had a large net trade with Austria in the exports of Metals ($1.23B), Machines ($1.19B), and Transportation ($741M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Slovakia+$159MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia Austria+$452MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Austria exported services to Slovakia worth $891M, with Transportation ($264M), Travel ($232M), and Other business services ($200M) being the largest in terms of value.

In 2020, Slovakia exported services to Austria worth $656M, with Transportation ($364M), Other business services ($104M), and Computer and information services ($93.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Slovakia (Flag) (2020)

Services Exports from Slovakia (Flag) to Austria (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Slovakia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with