Belgium / Slovakia

Belgium-Slovakia Trade: In 2022, Belgium exported $1.3B to Slovakia. The main products that Belgium exported to Slovakia were Cars ($170M), Vaccines, blood, antisera, toxins and cultures ($97.3M), and Packaged Medicaments ($83M). Over the past 5 years the exports of Belgium to Slovakia have increased at an annualized rate of 5.93%, from $973M in 2017 to $1.3B in 2022.

In 2020, Belgium exported services to Slovakia worth $291M, with Other business services ($120M), Computer and information services ($61.7M), and Transportation ($38.8M) being the largest in terms of value.

Slovakia-Belgium Trade: In 2022, Slovakia exported $1.53B to Belgium. The main products that Slovakia exported to Belgium were Cars ($410M), Rubber Tires ($88.3M), and Motor vehicles; parts and accessories (8701 to 8705) ($72.3M). Over the past 5 years the exports of Slovakia to Belgium have increased at an annualized rate of 1.88%,  from $1.12B in 2017 to $1.53B in 2022.

In 2020, Slovakia exported services to Belgium worth $249M, with Transportation ($118M), Other business services ($89.5M), and Construction services ($14.3M) being the largest in terms of value.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).