Slovakia / Czechia | The Observatory of Economic Complexity

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Slovakia-Czechia Trade: In 2022, Slovakia exported $12.6B to Czechia. The main products that Slovakia exported to Czechia were Refined Petroleum ($781M), Motor vehicles; parts and accessories (8701 to 8705) ($757M), and Spark-Ignition Engines ($437M). Over the past 5 years the exports of Slovakia to Czechia have increased at an annualized rate of 5.53%, from $9.6B in 2017 to $12.6B in 2022.

In 2020, Slovakia exported services to Czechia worth $1.28B, with Travel ($406M), Transportation ($405M), and Other business services ($226M) being the largest in terms of value.

Czechia-Slovakia In N/A, Czechia did not export any products to Slovakia.

In 2019, Czechia exported services to Slovakia worth $1.73B, with Travel ($540M), Other business services ($394M), and Transportation ($343M) being the largest in terms of value.

Comparison: In 2022, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $12.6B to Czechia. The main products exported from Slovakia to Czechia were Refined Petroleum ($781M), Motor vehicles; parts and accessories (8701 to 8705) ($757M), and Spark-Ignition Engines ($437M). During the last 5 years the exports of Slovakia to Czechia have increased at an annualized rate of 5.53%, from $9.6B in 2017 to $12.6B in 2022.

Czechia does not register exports to Slovakia. The main products exported from Czechia to Slovakia were Electricity ($1.85B), Motor vehicles; parts and accessories (8701 to 8705) ($1.6B), and Cars ($889M).

Exports from Slovakia () to Czechia () (2022)

Exports from Czechia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Czechia ()

Slovakia Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Slovakia than Czechia included Hungary ($9.79B), China ($3B), and Kuwait ($216M).

In 2022, countries that imported more from Czechia than Slovakia included Germany ($75.3B), Poland ($16.2B), and Netherlands ($8.6B).

Difference in imports from Czechia () and Slovakia () (2022)

Comparative Advantage Slovakia - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Czechia in the exports of Machines ($3.66B), Metals ($2.11B), and Transportation ($1.34B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Czechia+$261MCars

Top Product Potential Czechia Slovakia+$95.8MCars

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

N/A Year

Svk Year

In 2020, Slovakia exported services to Czechia worth $1.28B, with Travel ($406M), Transportation ($405M), and Other business services ($226M) being the largest in terms of value.

In 2019, Czechia exported services to Slovakia worth $1.73B, with Travel ($540M), Other business services ($394M), and Transportation ($343M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia () to Czechia () (2020)

Services Exports from Czechia () to Slovakia () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Czechia () (2022)

Exports from Czechia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Czechia ()

Slovakia Exports

Czechia Exports

Market Competitiveness

Difference in imports from Czechia () and Slovakia () (2022)

Comparative Advantage Slovakia - Czechia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Slovakia () to Czechia () (2020)

Services Exports from Czechia () to Slovakia () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Czechia () (2022)

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