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
$395BCURRENT US$
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2012-2022
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GDP GROWTH
20.9%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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2022
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GDP PC
$66,983CURRENT US$
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2012-2022
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GDP PC GROWTH
14.5%CURRENT US$
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About

Slovakia-Denmark In 2022, Slovakia exported $733M to Denmark. The main products that Slovakia exported to Denmark are Cars ($168M), Electric Motors ($33.5M), and Seats ($26.7M). During the last 27 years the exports of Slovakia to Denmark have increased at an annualized rate of 12.2%, from $32.8M in 1995 to $733M in 2022.

In 2020, Slovakia exported services to Denmark worth $88.1M, with Transportation ($53.8M), Other business services ($12.9M), and Construction services ($9.48M) being the largest in terms of value.

Denmark-Slovakia In 2022, Denmark exported $386M to Slovakia. The main products that Denmark exported to Slovakia were Packaged Medicaments ($29.7M), Pig Meat ($14.6M), and Other Plastic Products ($14.1M). During the last 27 years the exports of Denmark to Slovakia have increased at an annualized rate of 7.44%, from $55.6M in 1995 to $386M in 2022.

In 2020, Denmark exported services to Slovakia worth $112M, with Transportation ($64.3M), Computer and information services ($13M), and Travel ($12.9M) being the largest in terms of value.

Comparison In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.3), and 41 in total exports ($110B). That same year, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $733M to Denmark. The main products exported from Slovakia to Denmark were Cars ($168M), Electric Motors ($33.5M), and Seats ($26.7M). During the last 27 years the exports of Slovakia to Denmark have increased at an annualized rate of 12.2%, from $32.8M in 1995 to $733M in 2022.

In 2022, Denmark exported $386M to Slovakia. The main products exported from Denmark to Slovakia were Packaged Medicaments ($29.7M), Pig Meat ($14.6M), and Other Plastic Products ($14.1M). During the last 27 years the exports of Denmark to Slovakia have increased at an annualized rate of 7.44%, from $55.6M in 1995 to $386M in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Denmark (Flag)

Slovakia Exports

Denmark Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Denmark
Top Destination
Germany$18.9B

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

In 2021, countries that imported more from Slovakia than Denmark were Czechia ($12.6B), Hungary ($9.79B), and Austria ($5.81B).

In 2021, countries that imported more from Denmark than Slovakia were Sweden ($11.6B), United States ($13.1B), and Norway ($6.53B).

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

Comparative Advantage Slovakia - Denmark

Flow
Scale

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

During 2022, Slovakia had a large net trade with Denmark in the exports of Machines ($249M), Transportation ($200M), and Metals ($114M).

During 2022, Denmark had a large net trade with Slovakia in the exports of Machines ($76.8M), Metals ($55M), and Chemical Products ($54.8M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Denmark worth $88.1M, with Transportation ($53.8M), Other business services ($12.9M), and Construction services ($9.48M) being the largest in terms of value.

In 2020, Denmark exported services to Slovakia worth $112M, with Transportation ($64.3M), Computer and information services ($13M), and Travel ($12.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Denmark (Flag) to Slovakia (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 Slovakia has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Slovakia.

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

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