Flag Slovakia / Denmark Flag

2020
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Exports
: $726M, Rnk 20 / 192

2020
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Top Product
: $246M, Cars

2020
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Exports
: $296M, Rnk 43 / 217

2020
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Top Product
: $24.7M, Packaged Medicaments

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

2020
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Economic Complexity (ECI)
: ECI 0.97, Rnk 27 / 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
: $356B, CURRENT US$
Rnk 35 / 204

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 140 / 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
: $61,063, CURRENT US$
Rnk 10 / 204

2010-2020
Flag
GDP PC GROWTH
: 5.21%, CURRENT US$
Rnk 122 / 204

Slovakia-Denmark In 2020, Slovakia exported $726M to Denmark. The main products that Slovakia exported to Denmark are Cars ($246M), Motor vehicles; parts and accessories (8701 to 8705) ($50.1M), and Electric Motors ($37.7M). During the last 25 years the exports of Slovakia to Denmark have increased at an annualized rate of 13.2%, from $32.6M in 1995 to $726M in 2020.

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 2020, Denmark exported $296M to Slovakia. The main products that Denmark exported to Slovakia were Packaged Medicaments ($24.7M), Motor vehicles; parts and accessories (8701 to 8705) ($16.2M), and Other Plastic Products ($12.8M). During the last 25 years the exports of Denmark to Slovakia have increased at an annualized rate of 6.94%, from $55.3M in 1995 to $296M in 2020.

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 2020,  Slovakia ranked 18 in the Economic Complexity Index (ECI 1.31), and 37 in total exports ($86.4B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 0.97), and 35 in total exports ($102B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Slovakia exported $726M to Denmark. The main products exported from Slovakia to Denmark were Cars ($246M), Motor vehicles; parts and accessories (8701 to 8705) ($50.1M), and Electric Motors ($37.7M). During the last 25 years the exports of Slovakia to Denmark have increased at an annualized rate of 13.2%, from $32.6M in 1995 to $726M in 2020.

In 2020, Denmark exported $296M to Slovakia. The main products exported from Denmark to Slovakia were Packaged Medicaments ($24.7M), Motor vehicles; parts and accessories (8701 to 8705) ($16.2M), and Other Plastic Products ($12.8M). During the last 25 years the exports of Denmark to Slovakia have increased at an annualized rate of 6.94%, from $55.3M in 1995 to $296M in 2020.

Slovakia Exports

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Denmark Exports

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Market Competitiveness

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Measure

Slovakia
Top Destination
: Germany, $19.2B

Denmark
Top Destination
: Germany, $13.7B

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 2019, countries that imported more from Slovakia than Denmark were Czechia ($8.74B), Germany ($19.2B), and Hungary ($5.37B).

In 2019, countries that imported more from Denmark than Slovakia were Sweden ($9.45B), United States ($11.3B), and Norway ($5.72B).

Comparative Advantage Slovakia - Denmark

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Flow

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

During 2020, Slovakia had a large net trade with Denmark in the exports of Transportation ($299M), Machines ($172M), and Metals ($88.1M).

During 2020, Denmark had a large net trade with Slovakia in the exports of Machines ($73.9M), Chemical Products ($41.1M), and Plastics and Rubbers ($40.5M).

Bilateral Service Trade

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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.

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