2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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About

Romania-Slovakia Trade: In 2022, Romania exported $1.2B to Slovakia. The main products that Romania exported to Slovakia were Insulated Wire ($278M), Motor vehicles; parts and accessories (8701 to 8705) ($229M), and Seats ($176M). Over the past 5 years the exports of Romania to Slovakia have increased at an annualized rate of 133%, from $17.6M in 2017 to $1.2B in 2022.

In 2020, Romania exported services to Slovakia worth $157M, with Transportation ($95.6M), Other business services ($32.8M), and Communications services ($8.57M) being the largest in terms of value.

Slovakia-Romania Trade: In 2022, Slovakia exported $2.05B to Romania. The main products that Slovakia exported to Romania were Broadcasting Equipment ($441M), Video Displays ($164M), and Cars ($130M). Over the past 5 years the exports of Slovakia to Romania have increased at an annualized rate of 106%,  from $54.8M in 2017 to $2.05B in 2022.

In 2020, Slovakia exported services to Romania worth $85.3M, with Transportation ($34.8M), Travel ($12.6M), and Other business services ($11M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $1.2B to Slovakia. The main products exported from Romania to Slovakia were Insulated Wire ($278M), Motor vehicles; parts and accessories (8701 to 8705) ($229M), and Seats ($176M). During the last 5 years the exports of Romania to Slovakia have increased at an annualized rate of 133%, from $17.6M in 2017 to $1.2B in 2022.

In 2017, Slovakia exported $2.05B to Romania. The main products exported from Slovakia to Romania were Broadcasting Equipment ($441M), Video Displays ($164M), and Cars ($130M). During the last 22 years the exports of Slovakia to Romania have increased at an annualized rate of 106%, from $54.8M in 1995 to $2.05B in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Slovakia (Flag)

Romania Exports

Slovakia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Romania than Slovakia included Italy ($9.55B), Bulgaria ($3.9B), and Turkey ($3.16B).

In 2022, countries that imported more from Slovakia than Romania included Czechia ($12.6B), Poland ($8.05B), and Austria ($5.81B).

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

Comparative Advantage Romania - Slovakia

Flow
Scale

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

During 2022, Romania had a large net trade with Slovakia in the exports of Machines ($741M), Metals ($297M), and Transportation ($280M).

During 2017, Slovakia had a large net trade with Romania in the exports of Machines ($1.19B), Metals ($381M), and Transportation ($270M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Slovakia worth $157M, with Transportation ($95.6M), Other business services ($32.8M), and Communications services ($8.57M) being the largest in terms of value.

In 2020, Slovakia exported services to Romania worth $85.3M, with Transportation ($34.8M), Travel ($12.6M), and Other business services ($11M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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

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

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