2023
Flag  
GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
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GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
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 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC 
$24,491CURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195
2023
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GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Slovakia-Estonia Trade: In 2023, Slovakia exported $175M to Estonia. The main products that Slovakia exported to Estonia were Cars ($74.8M), Planes, Helicopters, and/or Spacecraft ($15.5M), and Hot-Rolled Iron ($8.56M). Over the past 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 5.35%, from $135M in 2018 to $175M in 2023.

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

Estonia-Slovakia Trade: In 2023, Estonia exported $50.3M to Slovakia. The main products that Estonia exported to Slovakia were Inedible Fats and Oils ($5.5M), Motor vehicles; parts and accessories (8701 to 8705) ($3.87M), and Cheese ($2.67M). Over the past 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.52%,  from $54.3M in 2018 to $50.3M in 2023.

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

Comparison In 2023,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35),  and 39 in total exports ($107B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovakia exported $175M to Estonia. The main products exported from Slovakia to Estonia were Cars ($74.8M), Planes, Helicopters, and/or Spacecraft ($15.5M), and Hot-Rolled Iron ($8.56M). During the last 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 5.35%, from $135M in 2018 to $175M in 2023.

In 2018, Estonia exported $50.3M to Slovakia. The main products exported from Estonia to Slovakia were Inedible Fats and Oils ($5.5M), Motor vehicles; parts and accessories (8701 to 8705) ($3.87M), and Cheese ($2.67M). During the last 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.52%, from $54.3M in 2023 to $50.3M in 2018.

Exports from Slovakia (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Slovakia (Flag) (2023)

Latest Data

Trade between Slovakia (Flag) and Estonia (Flag)

Slovakia Exports

Estonia Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$21.5B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Slovakia than Estonia included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

In 2023, countries that imported more from Estonia than Slovakia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Slovakia (Flag) (2023)

Comparative Advantage Slovakia - Estonia

Flow
Scale

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

During 2023, Slovakia had a large net trade with Estonia in the exports of Transportation ($98.5M), Machines ($32.8M), and Metals ($15.8M).

During 2018, Estonia had a large net trade with Slovakia in the exports of Transportation ($8.46M), Wood Products ($5.88M), and Animal and Vegetable Bi-Products ($5.53M).

Bilateral Service Trade

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Slovakia (Flag) and Estonia (Flag) (2023)

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