Flag Slovakia / Germany Flag

2020
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Exports
: $19.2B, Rnk 1 / 192

2020
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Top Product
: $5.92B, Cars

2020
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Exports
: $14.7B, Rnk 21 / 220

2020
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Top Product
: $2.55B, Motor vehicles; parts and accessories (8701 to 8705)

2020
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Economic Complexity (ECI)
: ECI 1.31, Rnk 18 / 127

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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GDP
: $105B, CURRENT US$
Rnk 62 / 204

2010-2020
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GDP GROWTH
: 15.8%, CURRENT US$
Rnk 129 / 204

2020
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 GDP
: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH
: 13.1%, CURRENT US$
Rnk 136 / 204

2020
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GDP PC 
: $19,267, CURRENT US$
Rnk 55 / 204

2010-2020
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GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 102 / 204

2020
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GDP PC
: $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 110 / 204

Slovakia-Germany In 2020, Slovakia exported $19.2B to Germany. The main products that Slovakia exported to Germany are Cars ($5.92B), Motor vehicles; parts and accessories (8701 to 8705) ($2.21B), and Video Displays ($844M). During the last 25 years the exports of Slovakia to Germany have increased at an annualized rate of 9.98%, from $1.78B in 1995 to $19.2B in 2020.

In 2020, Slovakia exported services to Germany worth $1.57B, with Other business services ($544M), Transportation ($451M), and Computer and information services ($353M) being the largest in terms of value.

Germany-Slovakia In 2020, Germany exported $14.7B to Slovakia. The main products that Germany exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($2.55B), Cars ($680M), and Electric Batteries ($460M). During the last 25 years the exports of Germany to Slovakia have increased at an annualized rate of 8.02%, from $2.14B in 1995 to $14.7B in 2020.

In 2020, Germany exported services to Slovakia worth $1.17B, with Other business services ($446M), Transportation ($353M), and Computer and information services ($190M) being the largest in terms of value.

Comparison In 2020,  Slovakia ranked 18 in the Economic Complexity Index (ECI 1.31), and 37 in total exports ($86.4B). That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Slovakia exported $19.2B to Germany. The main products exported from Slovakia to Germany were Cars ($5.92B), Motor vehicles; parts and accessories (8701 to 8705) ($2.21B), and Video Displays ($844M). During the last 25 years the exports of Slovakia to Germany have increased at an annualized rate of 9.98%, from $1.78B in 1995 to $19.2B in 2020.

In 2020, Germany exported $14.7B to Slovakia. The main products exported from Germany to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($2.55B), Cars ($680M), and Electric Batteries ($460M). During the last 25 years the exports of Germany to Slovakia have increased at an annualized rate of 8.02%, from $2.14B in 1995 to $14.7B in 2020.

Slovakia Exports

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Germany Exports

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Market Competitiveness

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Measure

Slovakia
Top Destination
: Germany, $19.2B

Germany
Top Destination
: United States, $116B

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

In 2019, countries that imported more from Slovakia than Germany were Bahrain ($12M) and North Korea ($282).

In 2019, countries that imported more from Germany than Slovakia were United States ($116B), China ($106B), and France ($101B).

Comparative Advantage Slovakia - Germany

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Flow

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

During 2020, Slovakia had a large net trade with Germany in the exports of Transportation ($8.49B), Machines ($5.93B), and Metals ($1.15B).

During 2020, Germany had a large net trade with Slovakia in the exports of Machines ($4.74B), Transportation ($3.49B), and Metals ($1.64B).

Bilateral Service Trade

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In 2020, Slovakia exported services to Germany worth $1.57B, with Other business services ($544M), Transportation ($451M), and Computer and information services ($353M) being the largest in terms of value.

In 2020, Germany exported services to Slovakia worth $1.17B, with Other business services ($446M), Transportation ($353M), and Computer and information services ($190M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Slovakia has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Slovakia.