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2022
Flag → Flag
Exports $5.84BRnk 71 / 211
2022
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Top Product $1.19BElectric Batteries
2022
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Exports $3BRnk 10 / 203
2022
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Top Product $2.34BCars
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%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 GROWTH22%CURRENT US$
Rnk 117 / 186
2022
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GDP PC $12,720CURRENT US$
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2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

China-Slovakia Trade: In 2022, China exported $5.84B to Slovakia. The main products that China exported to Slovakia were Electric Batteries ($1.19B), Broadcasting Equipment ($518M), and Motor vehicles; parts and accessories (8701 to 8705) ($320M). Over the past 5 years the exports of China to Slovakia have increased at an annualized rate of 8.64%, from $3.86B in 2017 to $5.84B in 2022.

In 2022, China did not export any services to Slovakia.

Slovakia-China Trade: In 2022, Slovakia exported $3B to China. The main products that Slovakia exported to China were Cars ($2.34B), Transmissions ($83.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($55.3M). Over the past 5 years the exports of Slovakia to China have increased at an annualized rate of 15.2%,  from $1.48B in 2017 to $3B in 2022.

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 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Latest Trends

September, 2024

About

Overview In September 2024, China exported $343M and imported $405M from Slovakia, resulting in a negative trade balance of $61.8M. Between September 2023 and September 2024 the exports of China have decreased by $-98.7M (-22.3%) from $442M to $343M, while imports decreased by $-74M (-15.4%) from $479M to $405M.

Trade In September 2024, the top exports of China to Slovakia were Electric Batteries ($47.3M), Motor vehicles; parts and accessories (8701... ($29.3M), Flat panel displays ($20.7M), Air Pumps ($14M), and Electrical Transformers ($9.36M). In September 2024 the top imports of China from Slovakia were Cars ($621M), Motor vehicles; parts and accessories (8701... ($25.7M), Electrical Control Boards ($10.1M), Insulated Wire ($9.56M), and Electrical Lighting and Signalling Equipment ($8.76M).

Origins In September 2024 the exports of China were mainly from Jiangsu Province ($69.5M), Zhejiang Province ($50.7M), Guangdong Province ($50.4M), Fujian Province ($41.2M), and Shanghai Province ($37.3M), while imports destinations were mainly Zhejiang Province ($107M), Jilin Province ($90M), Shanghai Province ($67.5M), Beijing ($41.5M), and Liaoning Province ($37.1M).

Growth In September 2024, the decrease in China's year-by-year exports to Slovakia was explained primarily by an decrease in product exports in Flat panel displays ($-33.5M or -61.8%), Video Displays ($-18M or -86%), and Electric Batteries ($-17.8M or -27.4%). In September 2024, the decrease in China's year-by-year imports  from Slovakia was explained primarily by an decrease in product imports  in Electrical Lighting and Signalling Equipment ($-6.78M or -43.6%), Rough Wood ($-3.23M or -43.9%), and Centrifuges ($-2.86M or -40.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-98.7M(-22.3%)
IMPORT GROWTH (September 2023 - September 2024)$-74M(-15.4%)
MAIN EXPORTER (September 2024)Jiangsu Province$69.5M

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 2022, China exported $5.84B to Slovakia. The main products exported from China to Slovakia were Electric Batteries ($1.19B), Broadcasting Equipment ($518M), and Motor vehicles; parts and accessories (8701 to 8705) ($320M). During the last 5 years the exports of China to Slovakia have increased at an annualized rate of 8.64%, from $3.86B in 2017 to $5.84B in 2022.

In 2017, Slovakia exported $3B to China. The main products exported from Slovakia to China were Cars ($2.34B), Transmissions ($83.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($55.3M). During the last 5 years the exports of Slovakia to China have increased at an annualized rate of 15.2%, from $1.48B in 2022 to $3B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Slovakia
Top DestinationGermany$22.2B

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 2022, countries that imported more from China than Slovakia included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Slovakia than China included San Marino ($10.2M), Guam ($197k), and French South Antarctic Territory ($97.8k).

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

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 2022, China had a large net trade with Slovakia in the exports of Machines ($4.03B), Transportation ($383M), and Metals ($371M).

During 2017, Slovakia had a large net trade with China in the exports of Transportation ($2.4B), Machines ($426M), and Metals ($39.6M).

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) (2022)

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