2021
Flag  
GDP
$480BCURRENT US$
Rnk 29 / 204
2011-2021
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GDP GROWTH
11.3%CURRENT US$
Rnk 140 / 204
2021
Flag
 GDP
$119BCURRENT US$
Rnk 60 / 204
2011-2021
Flag
GDP GROWTH
18.7%CURRENT US$
Rnk 119 / 204
2021
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GDP PC 
$53,638CURRENT US$
Rnk 21 / 204
2011-2021
Flag
GDP PC GROWTH
4.27%CURRENT US$
Rnk 132 / 204
2021
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GDP PC
$21,783CURRENT US$
Rnk 56 / 204
2011-2021
Flag
GDP PC GROWTH
17.7%CURRENT US$
Rnk 87 / 204

About

Austria-Slovakia In 2021, Austria exported $7.14B to Slovakia. The main products that Austria exported to Slovakia are Broadcasting Equipment ($2.63B), Motor vehicles; parts and accessories (8701 to 8705) ($349M), and Refined Petroleum ($298M). During the last 26 years the exports of Austria to Slovakia have increased at an annualized rate of 10.3%, from $562M in 1995 to $7.14B in 2021.

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 In 2021, Slovakia exported $5.72B to Austria. The main products that Slovakia exported to Austria were Cars ($607M), Raw Copper ($496M), and Refined Petroleum ($269M). During the last 26 years the exports of Slovakia to Austria have increased at an annualized rate of 10.1%, from $472M in 1995 to $5.72B in 2021.

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 2021,  Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Austria exported $7.14B to Slovakia. The main products exported from Austria to Slovakia were Broadcasting Equipment ($2.63B), Motor vehicles; parts and accessories (8701 to 8705) ($349M), and Refined Petroleum ($298M). During the last 26 years the exports of Austria to Slovakia have increased at an annualized rate of 10.3%, from $562M in 1995 to $7.14B in 2021.

In 2021, Slovakia exported $5.72B to Austria. The main products exported from Slovakia to Austria were Cars ($607M), Raw Copper ($496M), and Refined Petroleum ($269M). During the last 26 years the exports of Slovakia to Austria have increased at an annualized rate of 10.1%, from $472M in 1995 to $5.72B in 2021.

Exports from Austria (Flag) to Slovakia (Flag) (2021)

Exports from Slovakia (Flag) to Austria (Flag) (2021)

Latest Data

Trade between Austria (Flag) and Slovakia (Flag)

Austria Exports

Slovakia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$56.4B
Slovakia
Top Destination
Germany$21.8B

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 2021, countries that imported more from Austria than Slovakia were Germany ($56.4B), United States ($12.7B), and Switzerland ($10.1B).

In 2021, countries that imported more from Slovakia than Austria were Czechia ($11.6B), Poland ($8.47B), and Ukraine ($996M).

Difference in imports from Slovakia (Flag) and Austria (Flag) (2021)

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 2021, Austria had a large net trade with Slovakia in the exports of Machines ($4.03B), Transportation ($735M), and Metals ($609M).

During 2021, Slovakia had a large net trade with Austria in the exports of Metals ($1.37B), Machines ($1.29B), and Transportation ($937M).

Service Trade

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)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Austria.

Product Space of Austria (Flag) and Slovakia (Flag) (2021)

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