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2023
Flag → Flag
Exports $8.24BRnk 58 / 208
2023
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Top Product $950MBroadcasting Equipment
2023
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Exports $3.07BRnk 10 / 197
2023
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Top Product $2.07BCars
2023
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Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
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GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$133BCURRENT US$
Rnk 61 / 195
2013-2023
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GDP GROWTH34.1%CURRENT US$
Rnk 104 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$24,491CURRENT US$
Rnk 51 / 196
2013-2023
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GDP PC GROWTH33.7%CURRENT US$
Rnk 71 / 195

About

China-Slovakia Trade: In 2023, China exported $8.24B to Slovakia. The main products that China exported to Slovakia were Broadcasting Equipment ($950M), Electric Batteries ($844M), and Motor vehicles; parts and accessories (8701 to 8705) ($437M). Over the past 5 years the exports of China to Slovakia have increased at an annualized rate of 7.55%, from $5.73B in 2018 to $8.24B in 2023.

In 2023, China did not export any services to Slovakia.

Slovakia-China Trade: In 2023, Slovakia exported $3.07B to China. The main products that Slovakia exported to China were Cars ($2.07B), Motor vehicles; parts and accessories (8701 to 8705) ($166M), and Electrical Control Boards ($72.3M). Over the past 5 years the exports of Slovakia to China have decreased at an annualized rate of 1.66%,  from $3.34B in 2018 to $3.07B in 2023.

In 2020, Slovakia exported services to China worth $32.3M, with Other business services ($10.1M), Communications services ($9.48M), and Travel ($7.2M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $340M and imported $293M from Slovakia, resulting in a positive trade balance of $46.6M. Between December 2023 and December 2024 the exports of China have increased by $51.5M (17.9%) from $288M to $340M, while imports decreased by $-348M (-54.3%) from $641M to $293M.

Trade In December 2024, the top exports of China to Slovakia were Motor vehicles; parts and accessories (8701... ($44.8M), Sound Recordings ($25.1M), Electric Batteries ($18.9M), Air Pumps ($16.2M), and Electrical Transformers ($11.5M). In December 2024 the top imports of China from Slovakia were Cars ($376M), Motor vehicles; parts and accessories (8701... ($25.2M), Electrical Control Boards ($15M), Electrical Lighting and Signalling Equipment ($14.3M), and Insulated Wire ($10.3M).

Origins In December 2024 the exports of China were mainly from Jiangsu Province ($77.4M), Zhejiang Province ($59.2M), Guangdong Province ($47M), Shanghai Province ($35.5M), and Sichuan Province ($25.3M), while imports destinations were mainly Shanghai Province ($111M), Jilin Province ($53.4M), Guangdong Province ($39M), Tianjin ($19.5M), and Liaoning Province ($18.4M).

Growth In December 2024, the increase in China's year-by-year exports to Slovakia was explained primarily by an increase in product exports in Motor vehicles; parts and accessories (8701... ($15.5M or 52.7%), Commodities not elsewhere specified ($4.42M or 283%), and Sound Recordings ($4.41M or 21.4%). In December 2024, the decrease in China's year-by-year imports  from Slovakia was explained primarily by an decrease in product imports  in Cars ($-245M or -39.4%), Ball Bearings ($-4.64M or -74.8%), and Electrical Transformers ($-2.36M or -28.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$51.5M(17.9%)
IMPORT GROWTH (December 2023 - December 2024)$-348M(-54.3%)
MAIN EXPORTER (December 2024)Jiangsu Province$77.4M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Slovakia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovakia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $8.24B to Slovakia. The main products exported from China to Slovakia were Broadcasting Equipment ($950M), Electric Batteries ($844M), and Motor vehicles; parts and accessories (8701 to 8705) ($437M). During the last 5 years the exports of China to Slovakia have increased at an annualized rate of 7.55%, from $5.73B in 2018 to $8.24B in 2023.

In 2018, Slovakia exported $3.07B to China. The main products exported from Slovakia to China were Cars ($2.07B), Motor vehicles; parts and accessories (8701 to 8705) ($166M), and Electrical Control Boards ($72.3M). During the last 5 years the exports of Slovakia to China have decreased at an annualized rate of 1.66%, from $3.34B in 2023 to $3.07B in 2018.

Exports from China (Flag) to Slovakia (Flag) (2023)

Exports from Slovakia (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from China than Slovakia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Slovakia than China included Gibraltar ($14.5M), Saint Barthélemy ($596k), and Niue ($250k).

Difference in imports from Slovakia (Flag) and China (Flag) (2023)

Comparative Advantage China - Slovakia

Flow
Scale

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

During 2023, China had a large net trade with Slovakia in the exports of Machines ($5.09B), Transportation ($684M), and Metals ($491M).

During 2018, Slovakia had a large net trade with China in the exports of Transportation ($2.23B), Machines ($639M), and Metals ($48.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Slovakia+$211MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia China+$530MCars

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 2020, Slovakia exported services to China worth $32.3M, with Other business services ($10.1M), Communications services ($9.48M), and Travel ($7.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Slovakia (Flag) (2023)

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