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2022
Flag → Flag
Exports $17.2BRnk 20 / 223
2022
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Top Product $2.74BMotor vehicles; parts and accessories (8701 to 8705)
2022
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Exports $22.2BRnk 1 / 203
2022
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Top Product $6.73BCars
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 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

Germany-Slovakia Trade: In 2022, Germany exported $17.2B to Slovakia. The main products that Germany exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($2.74B), Cars ($829M), and Other Plastic Products ($305M). Over the past 5 years the exports of Germany to Slovakia have increased at an annualized rate of 3.31%, from $14.6B in 2017 to $17.2B in 2022.

In 2020, Germany exported services to Slovakia worth $1.17B, with Other business services ($446M), Transportation ($353M), and Computer and information services ($190M) being the largest in terms of value.

Slovakia-Germany Trade: In 2022, Slovakia exported $22.2B to Germany. The main products that Slovakia exported to Germany were Cars ($6.73B), Motor vehicles; parts and accessories (8701 to 8705) ($2.16B), and Video Displays ($560M). Over the past 5 years the exports of Slovakia to Germany have increased at an annualized rate of 5.64%,  from $16.8B in 2017 to $22.2B in 2022.

In 2020, Slovakia exported services to Germany worth $1.57B, with Other business services ($544M), Transportation ($451M), and Computer and information services ($353M) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €1.42B and imported €1.58B from Slovakia, resulting in a negative trade balance of €160M. Between July 2023 and July 2024 the exports of Germany have increased by €201M (16.6%) from €1.22B to €1.42B, while imports decreased by €-120M (-7.05%) from €1.7B to €1.58B.

Trade In July 2024, the top exports of Germany to Slovakia were Chassis, bodies, engines etc. for motor... (€270M), Machinery for electricity production, distribution (€82.6M), Other articles of iron, iron sheet,... (€72.3M), Estimations for non-response (€64.3M), and Motor cars and motor caravans (€57.1M). In July 2024 the top imports of Germany from Slovakia were Chassis, bodies, engines etc. for motor... (€198M), Motor cars and motor caravans (€177M), Machinery for electricity production, distribution (€102M), Estimations for non-response (€89.2M), and Other articles of iron, iron sheet,... (€68.4M).

Origins In July 2024 the exports of Germany were mainly from Bavaria (€233M), North Rhine-Westphalia (€225M), Baden-Württemberg (€201M), Lower Saxony (€92.1M), and Hesse (€90.9M), while imports destinations were mainly Baden-Württemberg (€467M), Bavaria (€458M), Lower Saxony (€164M), North Rhine-Westphalia (€142M), and Saxony (€88.5M).

Growth In July 2024, the increase in Germany's year-by-year exports to Slovakia was explained primarily by an increase in product exports in Estimations for non-response (€63.9M or 16.6k%), Chassis, bodies, engines etc. for motor... (€46.2M or 20.6%), and Motor cars and motor caravans (€15.1M or 35.8%). In July 2024, the decrease in Germany's year-by-year imports  from Slovakia was explained primarily by an decrease in product imports  in Motor cars and motor caravans (€-262M or -59.7%), Television, radio receivers, sound, video recorder (€-19.1M or -32.5%), and Mineral oil products (€-8.44M or -99.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€201M(16.6%)
IMPORT GROWTH (July 2023 - July 2024)€-120M(-7.05%)
MAIN EXPORTER (July 2024)Bavaria€233M

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

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

For full datasets download visit Bulk Download page.

Explore Slovakia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $17.2B to Slovakia. The main products exported from Germany to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($2.74B), Cars ($829M), and Other Plastic Products ($305M). During the last 5 years the exports of Germany to Slovakia have increased at an annualized rate of 3.31%, from $14.6B in 2017 to $17.2B in 2022.

In 2017, Slovakia exported $22.2B to Germany. The main products exported from Slovakia to Germany were Cars ($6.73B), Motor vehicles; parts and accessories (8701 to 8705) ($2.16B), and Video Displays ($560M). During the last 5 years the exports of Slovakia to Germany have increased at an annualized rate of 5.64%, from $16.8B in 2022 to $22.2B in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Germany than Slovakia included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Slovakia than Germany included Cook Islands ($205k).

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

Comparative Advantage Germany - Slovakia

Flow
Scale

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

During 2022, Germany had a large net trade with Slovakia in the exports of Machines ($4.65B), Transportation ($4.01B), and Metals ($2.24B).

During 2017, Slovakia had a large net trade with Germany in the exports of Transportation ($9.38B), Machines ($6.6B), and Metals ($1.83B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Slovakia+$204MCars
Top Product Potential Slovakia Germany+$125MTelephones

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, Germany exported services to Slovakia worth $1.17B, with Other business services ($446M), Transportation ($353M), and Computer and information services ($190M) being the largest in terms of value.

In 2020, Slovakia exported services to Germany worth $1.57B, with Other business services ($544M), Transportation ($451M), and Computer and information services ($353M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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