2022
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GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
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GDP PC
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Czechia-Slovakia Trade: In 2022, Czechia exported $19.7B to Slovakia. The main products that Czechia exported to Slovakia were Electricity ($1.85B), Motor vehicles; parts and accessories (8701 to 8705) ($1.6B), and Cars ($889M). Over the past 5 years the exports of Czechia to Slovakia have increased at an annualized rate of 7.58%, from $13.7B in 2017 to $19.7B in 2022.

In 2019, Czechia exported services to Slovakia worth $1.73B, with Travel ($540M), Other business services ($394M), and Transportation ($343M) being the largest in terms of value.

Slovakia-Czechia Trade: In 2022, Slovakia exported $12.6B to Czechia. The main products that Slovakia exported to Czechia were Refined Petroleum ($781M), Motor vehicles; parts and accessories (8701 to 8705) ($757M), and Spark-Ignition Engines ($437M). Over the past 5 years the exports of Slovakia to Czechia have increased at an annualized rate of 5.53%,  from $9.6B in 2017 to $12.6B in 2022.

In 2020, Slovakia exported services to Czechia worth $1.28B, with Travel ($406M), Transportation ($405M), and Other business services ($226M) being the largest in terms of value.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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, Czechia exported $19.7B to Slovakia. The main products exported from Czechia to Slovakia were Electricity ($1.85B), Motor vehicles; parts and accessories (8701 to 8705) ($1.6B), and Cars ($889M). During the last 5 years the exports of Czechia to Slovakia have increased at an annualized rate of 7.58%, from $13.7B in 2017 to $19.7B in 2022.

In 2017, Slovakia exported $12.6B to Czechia. The main products exported from Slovakia to Czechia were Refined Petroleum ($781M), Motor vehicles; parts and accessories (8701 to 8705) ($757M), and Spark-Ignition Engines ($437M). During the last 5 years the exports of Slovakia to Czechia have increased at an annualized rate of 5.53%, from $9.6B in 2022 to $12.6B in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Slovakia (Flag)

Czechia Exports

Slovakia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Czechia than Slovakia included Germany ($75.3B), Poland ($16.2B), and Netherlands ($8.6B).

In 2022, countries that imported more from Slovakia than Czechia included Hungary ($9.79B), China ($3B), and Kuwait ($216M).

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

Comparative Advantage Czechia - Slovakia

Flow
Scale

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

During 2022, Czechia had a large net trade with Slovakia in the exports of Machines ($3.96B), Mineral Products ($3.38B), and Transportation ($3.11B).

During 2017, Slovakia had a large net trade with Czechia in the exports of Machines ($3.66B), Metals ($2.11B), and Transportation ($1.34B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Slovakia+$95.8MCars
Top Product Potential Slovakia Czechia+$261MCars

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, Czechia exported services to Slovakia worth $1.73B, with Travel ($540M), Other business services ($394M), and Transportation ($343M) being the largest in terms of value.

In 2020, Slovakia exported services to Czechia worth $1.28B, with Travel ($406M), Transportation ($405M), and Other business services ($226M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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