Flag China / Slovakia Flag

2021
FlagFlag
Exports
: $5.6B, Rnk 67 / 209

2021
FlagFlag
Top Product
: $790M, Electric Batteries

2021
FlagFlag
Exports
: $2.87B, Rnk 10 / 197

2021
FlagFlag
Top Product
: $2.16B, Cars

2021
Flag
Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 1.31, Rnk 16 / 131

2021
Flag  
GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
Flag
GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
Flag
 GDP
: $115B, CURRENT US$
Rnk 57 / 182

2011-2021
Flag
GDP GROWTH
: 15.5%, CURRENT US$
Rnk 114 / 182

2021
Flag
GDP PC 
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
Flag
GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

2021
Flag
GDP PC
: $21,088, CURRENT US$
Rnk 42 / 182

2011-2021
Flag
GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 88 / 182

China-Slovakia In 2021, China exported $5.6B to Slovakia. The main products that China exported to Slovakia are Electric Batteries ($790M), Broadcasting Accessories ($488M), and LCDs ($381M). During the last 26 years the exports of China to Slovakia have increased at an annualized rate of 18.7%, from $65M in 1995 to $5.6B in 2021.

In 2021, China did not export any services to Slovakia.

Slovakia-China In 2021, Slovakia exported $2.87B to China. The main products that Slovakia exported to China were Cars ($2.16B), Transmissions ($87.7M), and Rough Wood ($50M). During the last 26 years the exports of Slovakia to China have increased at an annualized rate of 20.6%, from $22.2M in 1995 to $2.87B in 2021.

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 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, China exported $5.6B to Slovakia. The main products exported from China to Slovakia were Electric Batteries ($790M), Broadcasting Accessories ($488M), and LCDs ($381M). During the last 26 years the exports of China to Slovakia have increased at an annualized rate of 18.7%, from $65M in 1995 to $5.6B in 2021.

In 2021, Slovakia exported $2.87B to China. The main products exported from Slovakia to China were Cars ($2.16B), Transmissions ($87.7M), and Rough Wood ($50M). During the last 26 years the exports of Slovakia to China have increased at an annualized rate of 20.6%, from $22.2M in 1995 to $2.87B in 2021.

Market Competitiveness

#permalink to section
Color

China
Top Destination
: United States, $530B

Slovakia
Top Destination
: Germany, $21.8B

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 2021, countries that imported more from China than Slovakia were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Slovakia than China were Gibraltar ($21.4M), San Marino ($11.5M), and Saint Martin ($113k).

Comparative Advantage China - Slovakia

#permalink to section
Flow
Scale

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

During 2021, China had a large net trade with Slovakia in the exports of Machines ($3.58B), Instruments ($493M), and Transportation ($381M).

During 2021, Slovakia had a large net trade with China in the exports of Transportation ($2.2B), Machines ($434M), and Wood Products ($51.4M).

Bilateral Service Trade

#permalink to section

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.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 China has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over China.