2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$119BCURRENT US$
Rnk 60 / 204
2011-2021
Flag
GDP GROWTH
18.7%CURRENT US$
Rnk 119 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$21,783CURRENT US$
Rnk 56 / 204
2011-2021
Flag
GDP PC GROWTH
17.7%CURRENT US$
Rnk 87 / 204

About

Germany-Slovakia In 2021, Germany exported $17.2B to Slovakia. The main products that Germany exported to Slovakia are Motor vehicles; parts and accessories (8701 to 8705) ($2.84B), Cars ($830M), and Electric Batteries ($549M). During the last 26 years the exports of Germany to Slovakia have increased at an annualized rate of 8.33%, from $2.14B in 1995 to $17.2B in 2021.

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 In 2021, Slovakia exported $21.8B to Germany. The main products that Slovakia exported to Germany were Cars ($6.84B), Motor vehicles; parts and accessories (8701 to 8705) ($2.43B), and Insulated Wire ($506M). During the last 26 years the exports of Slovakia to Germany have increased at an annualized rate of 10.1%, from $1.78B in 1995 to $21.8B in 2021.

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 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $17.2B to Slovakia. The main products exported from Germany to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($2.84B), Cars ($830M), and Electric Batteries ($549M). During the last 26 years the exports of Germany to Slovakia have increased at an annualized rate of 8.33%, from $2.14B in 1995 to $17.2B in 2021.

In 2021, Slovakia exported $21.8B to Germany. The main products exported from Slovakia to Germany were Cars ($6.84B), Motor vehicles; parts and accessories (8701 to 8705) ($2.43B), and Insulated Wire ($506M). During the last 26 years the exports of Slovakia to Germany have increased at an annualized rate of 10.1%, from $1.78B in 1995 to $21.8B in 2021.

Exports from Germany (Flag) to Slovakia (Flag) (2021)

Exports from Slovakia (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Slovakia
Top Destination
Germany$21.8B

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 2021, countries that imported more from Germany than Slovakia were United States ($135B), China ($121B), and France ($119B).

In 2021, countries that imported more from Slovakia than Germany were Bahrain ($10.5M).

Difference in imports from Slovakia (Flag) and Germany (Flag) (2021)

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 2021, Germany had a large net trade with Slovakia in the exports of Machines ($5.27B), Transportation ($3.89B), and Metals ($2.12B).

During 2021, Slovakia had a large net trade with Germany in the exports of Transportation ($9.71B), Machines ($6.19B), and Metals ($1.69B).

Service Trade

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)

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Slovakia (Flag) (2021)

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