2022
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GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
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GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
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 GDP
$38.1BCURRENT US$
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2012-2022
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GDP GROWTH
65.5%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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2022
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GDP PC
$28,333CURRENT US$
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2012-2022
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GDP PC GROWTH
62.8%CURRENT US$
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About

Slovakia-Estonia In 2022, Slovakia exported $180M to Estonia. The main products that Slovakia exported to Estonia are Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). During the last 27 years the exports of Slovakia to Estonia have increased at an annualized rate of 14.2%, from $4.92M in 1995 to $180M in 2022.

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 In 2022, Estonia exported $47.4M to Slovakia. The main products that Estonia exported to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). During the last 27 years the exports of Estonia to Slovakia have increased at an annualized rate of 12.9%, from $1.79M in 1995 to $47.4M in 2022.

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 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.3),  and 41 in total exports ($110B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $180M to Estonia. The main products exported from Slovakia to Estonia were Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). During the last 27 years the exports of Slovakia to Estonia have increased at an annualized rate of 14.2%, from $4.92M in 1995 to $180M in 2022.

In 2022, Estonia exported $47.4M to Slovakia. The main products exported from Estonia to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). During the last 27 years the exports of Estonia to Slovakia have increased at an annualized rate of 12.9%, from $1.79M in 1995 to $47.4M in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Estonia (Flag)

Slovakia Exports

Estonia Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Estonia
Top Destination
Finland$3B

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 2021, countries that imported more from Slovakia than Estonia were Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

In 2021, countries that imported more from Estonia than Slovakia were Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

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

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 2022, Slovakia had a large net trade with Estonia in the exports of Transportation ($89.8M), Machines ($43.7M), and Metals ($18.6M).

During 2022, Estonia had a large net trade with Slovakia in the exports of Wood Products ($10.6M), Machines ($6.29M), and Metals ($4.86M).

Service Trade

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)

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

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

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