2021
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GDP
$1.84TCURRENT US$
Rnk 10 / 204
2011-2021
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GDP GROWTH
-10.2%CURRENT US$
Rnk 187 / 204
2021
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 GDP
$119BCURRENT US$
Rnk 60 / 204
2011-2021
Flag
GDP GROWTH
18.7%CURRENT US$
Rnk 119 / 204
2021
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GDP PC 
$12,593CURRENT US$
Rnk 76 / 204
2011-2021
Flag
GDP PC GROWTH
-12%CURRENT US$
Rnk 170 / 204
2021
Flag
GDP PC
$21,783CURRENT US$
Rnk 56 / 204
2011-2021
Flag
GDP PC GROWTH
17.7%CURRENT US$
Rnk 87 / 204

About

Russia-Slovakia In 2021, Russia exported $6.05B to Slovakia. The main products that Russia exported to Slovakia are Petroleum Gas ($2.64B), Crude Petroleum ($2.49B), and Iron Ore ($376M). During the last 26 years the exports of Russia to Slovakia have increased at an annualized rate of 8.14%, from $791M in 1995 to $6.05B in 2021.

In 2020, Russia exported services to Slovakia worth $51.8M, with Other business services ($34.5M), Transportation ($6.49M), and Computer and information services ($3.83M) being the largest in terms of value.

Slovakia-Russia In 2021, Slovakia exported $1.98B to Russia. The main products that Slovakia exported to Russia were Cars ($777M), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($337M), and Motor vehicles; parts and accessories (8701 to 8705) ($60.7M). During the last 26 years the exports of Slovakia to Russia have increased at an annualized rate of 7.19%, from $326M in 1995 to $1.98B in 2021.

In 2020, Slovakia exported services to Russia worth $487M, with Transportation ($421M), Travel ($24.9M), and Computer and information services ($23.9M) being the largest in terms of value.

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $6.05B to Slovakia. The main products exported from Russia to Slovakia were Petroleum Gas ($2.64B), Crude Petroleum ($2.49B), and Iron Ore ($376M). During the last 26 years the exports of Russia to Slovakia have increased at an annualized rate of 8.14%, from $791M in 1995 to $6.05B in 2021.

In 2021, Slovakia exported $1.98B to Russia. The main products exported from Slovakia to Russia were Cars ($777M), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($337M), and Motor vehicles; parts and accessories (8701 to 8705) ($60.7M). During the last 26 years the exports of Slovakia to Russia have increased at an annualized rate of 7.19%, from $326M in 1995 to $1.98B in 2021.

Exports from Russia (Flag) to Slovakia (Flag) (2021)

Exports from Slovakia (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$70.9B
Slovakia
Top Destination
Germany$21.8B

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

In 2021, countries that imported more from Russia than Slovakia were China ($70.9B), Netherlands ($39B), and United States ($27.4B).

In 2021, countries that imported more from Slovakia than Russia were Czechia ($11.6B), Austria ($5.72B), and Hungary ($7.72B).

Difference in imports from Slovakia (Flag) and Russia (Flag) (2021)

Comparative Advantage Russia - Slovakia

Flow
Scale

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

During 2021, Russia had a large net trade with Slovakia in the exports of Mineral Products ($5.59B), Chemical Products ($116M), and Plastics and Rubbers ($101M).

During 2021, Slovakia had a large net trade with Russia in the exports of Transportation ($1.19B), Machines ($410M), and Plastics and Rubbers ($80.2M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Slovakia worth $51.8M, with Other business services ($34.5M), Transportation ($6.49M), and Computer and information services ($3.83M) being the largest in terms of value.

In 2020, Slovakia exported services to Russia worth $487M, with Transportation ($421M), Travel ($24.9M), and Computer and information services ($23.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Russia.

Product Space of Russia (Flag) and Slovakia (Flag) (2021)

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