Flag United Kingdom / Slovakia Flag

2021
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Exports
: $1.28B, Rnk 42 / 222

2021
FlagFlag
Top Product
: $240M, Motor vehicles; parts and accessories (8701 to 8705)

2021
FlagFlag
Exports
: $3.97B, Rnk 8 / 197

2021
FlagFlag
Top Product
: $1.92B, Cars

2021
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Economic Complexity (ECI)
: ECI 1.43, Rnk 11 / 131

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

2021
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GDP
: $3.19T, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP GROWTH
: 19.1%, CURRENT US$
Rnk 110 / 182

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

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

2021
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GDP PC 
: $47,334, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP PC GROWTH
: 11.9%, CURRENT US$
Rnk 98 / 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

United Kingdom-Slovakia In 2021, United Kingdom exported $1.28B to Slovakia. The main products that United Kingdom exported to Slovakia are Motor vehicles; parts and accessories (8701 to 8705) ($240M), Spark-Ignition Engines ($182M), and Combustion Engines ($117M). During the last 26 years the exports of United Kingdom to Slovakia have increased at an annualized rate of 8.84%, from $141M in 1995 to $1.28B in 2021.

In 2019, United Kingdom exported services to Slovakia worth $433M, with Other business services ($270M), Travel ($105M), and Transportation ($35.7M) being the largest in terms of value.

Slovakia-United Kingdom In 2021, Slovakia exported $3.97B to United Kingdom. The main products that Slovakia exported to United Kingdom were Cars ($1.92B), Video Displays ($567M), and Motor vehicles; parts and accessories (8701 to 8705) ($200M). During the last 26 years the exports of Slovakia to United Kingdom have increased at an annualized rate of 14.2%, from $127M in 1995 to $3.97B in 2021.

In 2020, Slovakia exported services to United Kingdom worth $568M, with Other business services ($194M), Transportation ($181M), and Computer and information services ($116M) being the largest in terms of value.

Comparison In 2021,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United Kingdom exported $1.28B to Slovakia. The main products exported from United Kingdom to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($240M), Spark-Ignition Engines ($182M), and Combustion Engines ($117M). During the last 26 years the exports of United Kingdom to Slovakia have increased at an annualized rate of 8.84%, from $141M in 1995 to $1.28B in 2021.

In 2021, Slovakia exported $3.97B to United Kingdom. The main products exported from Slovakia to United Kingdom were Cars ($1.92B), Video Displays ($567M), and Motor vehicles; parts and accessories (8701 to 8705) ($200M). During the last 26 years the exports of Slovakia to United Kingdom have increased at an annualized rate of 14.2%, from $127M in 1995 to $3.97B in 2021.

Market Competitiveness

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Color

United Kingdom
Top Destination
: United States, $56.1B

Slovakia
Top Destination
: Germany, $21.8B

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

In 2021, countries that imported more from United Kingdom than Slovakia were United States ($56.1B), Netherlands ($34.6B), and Ireland ($28.4B).

In 2021, countries that imported more from Slovakia than United Kingdom were Czechia ($11.6B), Hungary ($7.72B), and Austria ($5.72B).

Comparative Advantage United Kingdom - Slovakia

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Flow
Scale

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

During 2021, United Kingdom had a large net trade with Slovakia in the exports of Machines ($584M), Transportation ($296M), and Plastics and Rubbers ($106M).

During 2021, Slovakia had a large net trade with United Kingdom in the exports of Transportation ($2.17B), Machines ($1.18B), and Plastics and Rubbers ($143M).

Bilateral Service Trade

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In 2019, United Kingdom exported services to Slovakia worth $433M, with Other business services ($270M), Travel ($105M), and Transportation ($35.7M) being the largest in terms of value.

In 2020, Slovakia exported services to United Kingdom worth $568M, with Other business services ($194M), Transportation ($181M), and Computer and information services ($116M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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