2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Slovakia Trade: In 2022, Netherlands exported $1.55B to Slovakia. The main products that Netherlands exported to Slovakia were Broadcasting Equipment ($78.1M), Tractors ($68.2M), and Office Machine Parts ($46.6M). Over the past 5 years the exports of Netherlands to Slovakia have increased at an annualized rate of 53.2%, from $184M in 2017 to $1.55B in 2022.

In 2020, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

Slovakia-Netherlands Trade: In 2022, Slovakia exported $2.18B to Netherlands. The main products that Slovakia exported to Netherlands were Cars ($408M), Video Displays ($221M), and Lifting Machinery ($95.9M). Over the past 5 years the exports of Slovakia to Netherlands have increased at an annualized rate of 68%,  from $163M in 2017 to $2.18B in 2022.

In 2020, Slovakia exported services to Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $1.55B to Slovakia. The main products exported from Netherlands to Slovakia were Broadcasting Equipment ($78.1M), Tractors ($68.2M), and Office Machine Parts ($46.6M). During the last 5 years the exports of Netherlands to Slovakia have increased at an annualized rate of 53.2%, from $184M in 2017 to $1.55B in 2022.

In 2017, Slovakia exported $2.18B to Netherlands. The main products exported from Slovakia to Netherlands were Cars ($408M), Video Displays ($221M), and Lifting Machinery ($95.9M). During the last 22 years the exports of Slovakia to Netherlands have increased at an annualized rate of 68%, from $163M in 1995 to $2.18B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Netherlands than Slovakia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Slovakia than Netherlands included Czechia ($12.6B), Hungary ($9.79B), and Ukraine ($1.55B).

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

Comparative Advantage Netherlands - Slovakia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Slovakia in the exports of Machines ($501M), Chemical Products ($245M), and Transportation ($188M).

During 2017, Slovakia had a large net trade with Netherlands in the exports of Machines ($978M), Transportation ($484M), and Metals ($170M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Slovakia+$53.2MTelephones
Top Product Potential Slovakia Netherlands+$226MCars

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, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

In 2020, Slovakia exported services to Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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