Slovakia (SVK) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Slovakia-Malaysia Trade: In 2022, Slovakia exported $38.3M to Malaysia. The main products that Slovakia exported to Malaysia were Motor vehicles; parts and accessories (8701 to 8705) ($4.27M), Broadcasting Equipment ($3.82M), and Rubber Tires ($3.44M). Over the past 5 years the exports of Slovakia to Malaysia have increased at an annualized rate of 2.97%, from $33.1M in 2017 to $38.3M in 2022.

In 2020, Slovakia exported services to Malaysia worth $1.83M, with Transportation ($914k), Other business services ($457k), and Communications services ($228k) being the largest in terms of value.

Malaysia-Slovakia Trade: In 2022, Malaysia exported $616M to Slovakia. The main products that Malaysia exported to Slovakia were Broadcasting Equipment ($315M), Broadcasting Accessories ($88.1M), and Rubber ($56.8M). Over the past 5 years the exports of Malaysia to Slovakia have increased at an annualized rate of 13.9%, from $282M in 2017 to $616M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $38.3M to Malaysia. The main products exported from Slovakia to Malaysia were Motor vehicles; parts and accessories (8701 to 8705) ($4.27M), Broadcasting Equipment ($3.82M), and Rubber Tires ($3.44M). During the last 5 years the exports of Slovakia to Malaysia have increased at an annualized rate of 2.97%, from $33.1M in 2017 to $38.3M in 2022.

In 2017, Malaysia exported $616M to Slovakia. The main products exported from Malaysia to Slovakia were Broadcasting Equipment ($315M), Broadcasting Accessories ($88.1M), and Rubber ($56.8M). During the last 5 years the exports of Malaysia to Slovakia have increased at an annualized rate of 13.9%, from $282M in 2022 to $616M in 2017.

Exports from Slovakia () to Malaysia () (2022)

Exports from Malaysia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Malaysia ()

Slovakia Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Malaysia
Top DestinationSingapore$53.8B

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

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

In 2022, countries that imported more from Malaysia than Slovakia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Slovakia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Malaysia in the exports of Machines ($17.8M), Transportation ($5.66M), and Plastics and Rubbers ($4.57M).

During 2017, Malaysia had a large net trade with Slovakia in the exports of Machines ($501M), Plastics and Rubbers ($63.8M), and Metals ($11.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Malaysia+$8.39MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Malaysia Slovakia+$32.2MIntegrated Circuits

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Malaysia () (2022)

Exports from Malaysia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Malaysia ()

Slovakia Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Slovakia - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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