Croatia (HRV) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Croatia-Slovakia Trade: In 2022, Croatia exported $191M to Slovakia. The main products that Croatia exported to Slovakia were Railway Freight Cars ($23.7M), Seats ($22.3M), and Other Aluminium Products ($12.8M). Over the past 5 years the exports of Croatia to Slovakia have increased at an annualized rate of 49.5%, from $25.6M in 2017 to $191M in 2022.

In 2020, Croatia exported services to Slovakia worth $104M, with Travel ($78.1M), Computer and information services ($11.5M), and Communications services ($6.05M) being the largest in terms of value.

Slovakia-Croatia Trade: In 2022, Slovakia exported $511M to Croatia. The main products that Slovakia exported to Croatia were Broadcasting Equipment ($125M), Locomotive Parts ($96.5M), and Video Displays ($62.3M). Over the past 5 years the exports of Slovakia to Croatia have increased at an annualized rate of 43.3%, from $84.4M in 2017 to $511M in 2022.

In 2020, Slovakia exported services to Croatia worth $25.5M, with Travel ($9.14M), Transportation ($4.45M), and Financial services ($3.88M) being the largest in terms of value.

Comparison: In 2022, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Croatia exported $191M to Slovakia. The main products exported from Croatia to Slovakia were Railway Freight Cars ($23.7M), Seats ($22.3M), and Other Aluminium Products ($12.8M). During the last 5 years the exports of Croatia to Slovakia have increased at an annualized rate of 49.5%, from $25.6M in 2017 to $191M in 2022.

In 2017, Slovakia exported $511M to Croatia. The main products exported from Slovakia to Croatia were Broadcasting Equipment ($125M), Locomotive Parts ($96.5M), and Video Displays ($62.3M). During the last 22 years the exports of Slovakia to Croatia have increased at an annualized rate of 43.3%, from $84.4M in 1995 to $511M in 2017.

Exports from Croatia () to Slovakia () (2022)

Exports from Slovakia () to Croatia () (2022)

Latest Data

Trade between Croatia () and Slovakia ()

Croatia Exports

Date

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Croatia than Slovakia included Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Serbia ($1.55B).

In 2022, countries that imported more from Slovakia than Croatia included Germany ($22.2B), Czechia ($12.6B), and Poland ($8.05B).

Difference in imports from Slovakia () and Croatia () (2022)

Comparative Advantage Croatia - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Slovakia in the exports of Machines ($45.9M), Transportation ($45.4M), and Chemical Products ($34.6M).

During 2017, Slovakia had a large net trade with Croatia in the exports of Machines ($326M), Transportation ($152M), and Metals ($105M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Slovakia+$7.34MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Slovakia Croatia+$41.4MCars

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

Svk Year

Hrv Year

In 2020, Croatia exported services to Slovakia worth $104M, with Travel ($78.1M), Computer and information services ($11.5M), and Communications services ($6.05M) being the largest in terms of value.

In 2020, Slovakia exported services to Croatia worth $25.5M, with Travel ($9.14M), Transportation ($4.45M), and Financial services ($3.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Croatia () to Slovakia () (2020)

Services Exports from Slovakia () to Croatia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Slovakia () (2022)

Exports from Slovakia () to Croatia () (2022)

Latest Data

Trade between Croatia () and Slovakia ()

Croatia Exports

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Croatia () (2022)

Comparative Advantage Croatia - Slovakia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Croatia () to Slovakia () (2020)

Services Exports from Slovakia () to Croatia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Croatia () and Slovakia () (2022)

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