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2022
Flag → Flag
Exports $116MRnk 93 / 216
2022
Flag → Flag
Top Product $21.1MRubber
2022
Flag → Flag
Exports $27.5MRnk 75 / 203
2022
Flag → Flag
Top Product $5.14MCars
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Indonesia-Slovakia Trade: In 2022, Indonesia exported $116M to Slovakia. The main products that Indonesia exported to Slovakia were Rubber ($21.1M), Other Electrical Machinery ($13.5M), and Rubber Footwear ($6.79M). Over the past 5 years the exports of Indonesia to Slovakia have decreased at an annualized rate of 1.25%, from $124M in 2017 to $116M in 2022.

In 2022, Indonesia did not export any services to Slovakia.

Slovakia-Indonesia Trade: In 2022, Slovakia exported $27.5M to Indonesia. The main products that Slovakia exported to Indonesia were Cars ($5.14M), Motor vehicles; parts and accessories (8701 to 8705) ($3.51M), and Railway Cargo Containers ($2.35M). Over the past 5 years the exports of Slovakia to Indonesia have increased at an annualized rate of 3.51%,  from $23.1M in 2017 to $27.5M in 2022.

In 2020, Slovakia exported services to Indonesia worth $2.63M, with Computer and information services ($2.17M), Other business services ($343k), and Communications services ($114k) being the largest in terms of value.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $116M to Slovakia. The main products exported from Indonesia to Slovakia were Rubber ($21.1M), Other Electrical Machinery ($13.5M), and Rubber Footwear ($6.79M). During the last 5 years the exports of Indonesia to Slovakia have decreased at an annualized rate of 1.25%, from $124M in 2017 to $116M in 2022.

In 2017, Slovakia exported $27.5M to Indonesia. The main products exported from Slovakia to Indonesia were Cars ($5.14M), Motor vehicles; parts and accessories (8701 to 8705) ($3.51M), and Railway Cargo Containers ($2.35M). During the last 5 years the exports of Slovakia to Indonesia have increased at an annualized rate of 3.51%, from $23.1M in 2022 to $27.5M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Slovakia (Flag)

Indonesia Exports

Slovakia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Indonesia than Slovakia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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

Comparative Advantage Indonesia - Slovakia

Flow
Scale

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

During 2022, Indonesia had a large net trade with Slovakia in the exports of Machines ($38.3M), Plastics and Rubbers ($24.7M), and Footwear and Headwear ($18.5M).

During 2017, Slovakia had a large net trade with Indonesia in the exports of Transportation ($11.1M), Machines ($9.94M), and Instruments ($2.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Slovakia+$4.74MOther Electrical Machinery
Top Product Potential Slovakia Indonesia+$11.6MCars

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 Indonesia worth $2.63M, with Computer and information services ($2.17M), Other business services ($343k), and Communications services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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