Slovakia (SVK) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

Slovakia-Italy In 2022, Slovakia exported $5.15B to Italy. The main products that Slovakia exported to Italy are Cars ($1.19B), Video Displays ($433M), and Motor vehicles; parts and accessories (8701 to 8705) ($255M). During the last 27 years the exports of Slovakia to Italy have increased at an annualized rate of 8.59%, from $556M in 1995 to $5.15B in 2022.

In 2020, Slovakia exported services to Italy worth $288M, with Transportation ($185M), Other business services ($35.8M), and Travel ($35.3M) being the largest in terms of value.

Italy-Slovakia In 2022, Italy exported $4.13B to Slovakia. The main products that Italy exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($292M), Packaged Medicaments ($89.7M), and Other Plastic Products ($85.5M). During the last 27 years the exports of Italy to Slovakia have increased at an annualized rate of 7.91%, from $529M in 1995 to $4.13B in 2022.

In 2020, Italy exported services to Slovakia worth $389M, with Travel ($158M), Transportation ($97M), and Other business services ($87.7M) 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $5.15B to Italy. The main products exported from Slovakia to Italy were Cars ($1.19B), Video Displays ($433M), and Motor vehicles; parts and accessories (8701 to 8705) ($255M). During the last 27 years the exports of Slovakia to Italy have increased at an annualized rate of 8.59%, from $556M in 1995 to $5.15B in 2022.

In 2022, Italy exported $4.13B to Slovakia. The main products exported from Italy to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($292M), Packaged Medicaments ($89.7M), and Other Plastic Products ($85.5M). During the last 27 years the exports of Italy to Slovakia have increased at an annualized rate of 7.91%, from $529M in 1995 to $4.13B in 2022.

Exports from Slovakia () to Italy () (2022)

Exports from Italy () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Italy ()

Slovakia Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from Slovakia than Italy were Czechia ($12.6B), Hungary ($9.79B), and Ukraine ($1.55B).

In 2021, countries that imported more from Italy than Slovakia were United States ($68.2B), France ($63.8B), and Germany ($78.5B).

Difference in imports from Italy () and Slovakia () (2022)

Comparative Advantage Slovakia - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Italy in the exports of Machines ($1.65B), Transportation ($1.5B), and Metals ($606M).

During 2022, Italy had a large net trade with Slovakia in the exports of Machines ($1.15B), Metals ($959M), and Transportation ($425M).

Service Trade

Bilateral Service Trade

Ita Year

Svk Year

In 2020, Slovakia exported services to Italy worth $288M, with Transportation ($185M), Other business services ($35.8M), and Travel ($35.3M) being the largest in terms of value.

In 2020, Italy exported services to Slovakia worth $389M, with Travel ($158M), Transportation ($97M), and Other business services ($87.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia () to Italy () (2020)

Services Exports from Italy () to Slovakia () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Italy () (2022)

Exports from Italy () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Italy ()

Slovakia Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Slovakia () (2022)

Comparative Advantage Slovakia - Italy

Service Trade

Bilateral Service Trade

Services Exports from Slovakia () to Italy () (2020)

Services Exports from Italy () to Slovakia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Italy () (2022)

Keep Exploring