Iran (IRN) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Iran-Slovakia Trade: In 2023, Iran exported $3.44M to Slovakia. The main products that Iran exported to Slovakia were Styrene Polymers ($806k), Grapes ($597k), and Tropical Fruits ($360k). Over the past 5 years the exports of Iran to Slovakia have decreased at an annualized rate of 39.8%, from $43.5M in 2018 to $3.44M in 2023.

In 2023, Iran did not export any services to Slovakia.

Slovakia-Iran Trade: In 2023, Slovakia exported $6.71M to Iran. The main products that Slovakia exported to Iran were Ball Bearings ($4.97M), Air Pumps ($534k), and Packaged Medicaments ($198k). Over the past 5 years the exports of Slovakia to Iran have decreased at an annualized rate of 28.8%, from $36.7M in 2018 to $6.71M in 2023.

In 2009, Slovakia exported services to Iran worth $1.44k, with Government services, n.i.e. ($1.44k) being the largest in terms of value.

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iran exported $3.44M to Slovakia. The main products exported from Iran to Slovakia were Styrene Polymers ($806k), Grapes ($597k), and Tropical Fruits ($360k). During the last 5 years the exports of Iran to Slovakia have decreased at an annualized rate of 39.8%, from $43.5M in 2018 to $3.44M in 2023.

In 2018, Slovakia exported $6.71M to Iran. The main products exported from Slovakia to Iran were Ball Bearings ($4.97M), Air Pumps ($534k), and Packaged Medicaments ($198k). During the last 5 years the exports of Slovakia to Iran have decreased at an annualized rate of 28.8%, from $36.7M in 2023 to $6.71M in 2018.

Exports from Iran () to Slovakia () (2023)

Exports from Slovakia () to Iran () (2023)

Latest Data

Trade between Iran () and Slovakia ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from Iran than Slovakia included China ($4.59B), Pakistan ($943M), and India ($1.02B).

In 2023, countries that imported more from Slovakia than Iran included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

Difference in imports from Slovakia () and Iran () (2023)

Comparative Advantage Iran - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with Slovakia in the exports of Plastics and Rubbers ($1.18M), Vegetable Products ($1.13M), and Foodstuffs ($407k).

During 2018, Slovakia had a large net trade with Iran in the exports of Machines ($5.89M), Chemical Products ($697k), and Miscellaneous ($84k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Slovakia+$2.04MEthylene Polymers

Top Product Potential Slovakia Iran+$2.53MAir Pumps

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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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Iran () to Slovakia () (2023)

Exports from Slovakia () to Iran () (2023)

Latest Data

Trade between Iran () and Slovakia ()

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Iran () (2023)

Comparative Advantage Iran - Slovakia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iran () and Slovakia () (2023)

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