2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Hong Kong-Slovakia Trade: In 2022, Hong Kong exported $34.6M to Slovakia. The main products that Hong Kong exported to Slovakia were Broadcasting Equipment ($4.89M), Integrated Circuits ($3.07M), and Printed Circuit Boards ($2.72M). Over the past 5 years the exports of Hong Kong to Slovakia have decreased at an annualized rate of 20%, from $105M in 2017 to $34.6M in 2022.

In 2022, Hong Kong did not export any services to Slovakia.

Slovakia-Hong Kong Trade: In 2022, Slovakia exported $82.4M to Hong Kong. The main products that Slovakia exported to Hong Kong were Centrifuges ($8.55M), Cars ($7.75M), and Household Washing Machines ($6.04M). Over the past 5 years the exports of Slovakia to Hong Kong have increased at an annualized rate of 5.24%,  from $63.8M in 2017 to $82.4M in 2022.

In 2020, Slovakia exported services to Hong Kong worth $1.37M, with Transportation ($800k), Other business services ($343k), and Travel ($114k) being the largest in terms of value.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $34.6M to Slovakia. The main products exported from Hong Kong to Slovakia were Broadcasting Equipment ($4.89M), Integrated Circuits ($3.07M), and Printed Circuit Boards ($2.72M). During the last 5 years the exports of Hong Kong to Slovakia have decreased at an annualized rate of 20%, from $105M in 2017 to $34.6M in 2022.

In 2017, Slovakia exported $82.4M to Hong Kong. The main products exported from Slovakia to Hong Kong were Centrifuges ($8.55M), Cars ($7.75M), and Household Washing Machines ($6.04M). During the last 5 years the exports of Slovakia to Hong Kong have increased at an annualized rate of 5.24%, from $63.8M in 2022 to $82.4M in 2017.

Exports from Hong Kong (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Slovakia (Flag)

Hong Kong Exports

Slovakia Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Hong Kong than Slovakia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Slovakia than Hong Kong included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

Difference in imports from Slovakia (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Slovakia

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Slovakia in the exports of Machines ($23.4M), Textiles ($2.75M), and Instruments ($1.58M).

During 2017, Slovakia had a large net trade with Hong Kong in the exports of Machines ($50.3M), Instruments ($10.7M), and Transportation ($7.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Slovakia+$4.31MIntegrated Circuits
Top Product Potential Slovakia Hong Kong+$15.2MCars

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, Slovakia exported services to Hong Kong worth $1.37M, with Transportation ($800k), Other business services ($343k), and Travel ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia (Flag) to Hong Kong (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Slovakia (Flag) (2022)

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