2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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About

Switzerland-Slovakia Trade: In 2022, Switzerland exported $783M to Slovakia. The main products that Switzerland exported to Slovakia were Packaged Medicaments ($174M), Vaccines, blood, antisera, toxins and cultures ($105M), and Electrical Control Boards ($62M). Over the past 5 years the exports of Switzerland to Slovakia have increased at an annualized rate of 6.43%, from $573M in 2017 to $783M in 2022.

In 2019, Switzerland exported services to Slovakia worth $8.84M, with Travel ($8.84M) being the largest in terms of value.

Slovakia-Switzerland Trade: In 2022, Slovakia exported $1.22B to Switzerland. The main products that Slovakia exported to Switzerland were Cars ($261M), Broadcasting Equipment ($147M), and Video Displays ($87.9M). Over the past 5 years the exports of Slovakia to Switzerland have increased at an annualized rate of 4.61%,  from $974M in 2017 to $1.22B in 2022.

In 2020, Slovakia exported services to Switzerland worth $465M, with Other business services ($220M), Transportation ($176M), and Computer and information services ($44.2M) being the largest in terms of value.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $783M to Slovakia. The main products exported from Switzerland to Slovakia were Packaged Medicaments ($174M), Vaccines, blood, antisera, toxins and cultures ($105M), and Electrical Control Boards ($62M). During the last 5 years the exports of Switzerland to Slovakia have increased at an annualized rate of 6.43%, from $573M in 2017 to $783M in 2022.

In 2017, Slovakia exported $1.22B to Switzerland. The main products exported from Slovakia to Switzerland were Cars ($261M), Broadcasting Equipment ($147M), and Video Displays ($87.9M). During the last 5 years the exports of Slovakia to Switzerland have increased at an annualized rate of 4.61%, from $974M in 2022 to $1.22B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Slovakia (Flag)

Switzerland Exports

Slovakia Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Switzerland than Slovakia included United States ($61.7B), China ($44.1B), and Germany ($53.5B).

In 2022, countries that imported more from Slovakia than Switzerland included Czechia ($12.6B), Hungary ($9.79B), and Poland ($8.05B).

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

Comparative Advantage Switzerland - Slovakia

Flow
Scale

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

During 2022, Switzerland had a large net trade with Slovakia in the exports of Chemical Products ($314M), Machines ($259M), and Metals ($59.5M).

During 2017, Slovakia had a large net trade with Switzerland in the exports of Machines ($479M), Transportation ($306M), and Plastics and Rubbers ($133M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Slovakia+$52.1MPackaged Medicaments
Top Product Potential Slovakia Switzerland+$170MCars

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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Bilateral Service Trade

In 2019, Switzerland exported services to Slovakia worth $8.84M, with Travel ($8.84M) being the largest in terms of value.

In 2020, Slovakia exported services to Switzerland worth $465M, with Other business services ($220M), Transportation ($176M), and Computer and information services ($44.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Slovakia (Flag) (2019)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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