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Pricing

2022
Flag → Flag
Exports $6.87MRnk 104 / 203
2022
Flag → Flag
Top Product $4.17MBall Bearings
2022
Flag → Flag
Exports $9.52MRnk 54 / 127
2022
Flag → Flag
Top Product $3.19MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Slovakia-Iran Trade: In 2022, Slovakia exported $6.87M to Iran. The main products that Slovakia exported to Iran were Ball Bearings ($4.17M), Air Pumps ($1.67M), and Packaged Medicaments ($293k). Over the past 5 years the exports of Slovakia to Iran have decreased at an annualized rate of 22.2%, from $24.1M in 2017 to $6.87M in 2022.

In 2009, Slovakia exported services to Iran worth $1.44k, with Government services, n.i.e. ($1.44k) being the largest in terms of value.

Iran-Slovakia Trade: In 2022, Iran exported $9.52M to Slovakia. The main products that Iran exported to Slovakia were Packaged Medicaments ($3.19M), Styrene Polymers ($1.61M), and Ethylene Polymers ($1.3M). Over the past 5 years the exports of Iran to Slovakia have decreased at an annualized rate of 5.71%,  from $12.8M in 2017 to $9.52M in 2022.

In 2022, Iran did not export any services to Slovakia.

Comparison: In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $6.87M to Iran. The main products exported from Slovakia to Iran were Ball Bearings ($4.17M), Air Pumps ($1.67M), and Packaged Medicaments ($293k). During the last 5 years the exports of Slovakia to Iran have decreased at an annualized rate of 22.2%, from $24.1M in 2017 to $6.87M in 2022.

In 2017, Iran exported $9.52M to Slovakia. The main products exported from Iran to Slovakia were Packaged Medicaments ($3.19M), Styrene Polymers ($1.61M), and Ethylene Polymers ($1.3M). During the last 5 years the exports of Iran to Slovakia have decreased at an annualized rate of 5.71%, from $12.8M in 2022 to $9.52M in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Iran (Flag)

Slovakia Exports

Market Competitiveness

Color
Slovakia
Top DestinationGermany$22.2B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Slovakia than Iran included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

In 2022, countries that imported more from Iran than Slovakia included China ($5.72B), Turkey ($3.17B), and Pakistan ($762M).

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

Comparative Advantage Slovakia - Iran

Flow
Scale

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

During 2022, Slovakia had a large net trade with Iran in the exports of Machines ($6.02M), Chemical Products ($420k), and Mineral Products ($191k).

During 2017, Iran had a large net trade with Slovakia in the exports of Chemical Products ($3.48M), Plastics and Rubbers ($2.92M), and Vegetable Products ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Iran+$2.53MAir Pumps
Top Product Potential Iran Slovakia+$2.04MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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