2022
Flag  
GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Slovakia-Netherlands Trade: In 2022, Slovakia exported $2.18B to Netherlands. The main products that Slovakia exported to Netherlands were Cars ($408M), Video Displays ($221M), and Lifting Machinery ($95.9M). Over the past 5 years the exports of Slovakia to Netherlands have increased at an annualized rate of 68%, from $163M in 2017 to $2.18B in 2022.

In 2020, Slovakia exported services to Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

Netherlands-Slovakia Trade: In 2022, Netherlands exported $1.55B to Slovakia. The main products that Netherlands exported to Slovakia were Broadcasting Equipment ($78.1M), Tractors ($68.2M), and Office Machine Parts ($46.6M). Over the past 5 years the exports of Netherlands to Slovakia have increased at an annualized rate of 53.2%,  from $184M in 2017 to $1.55B in 2022.

In 2020, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

Comparison: In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $2.18B to Netherlands. The main products exported from Slovakia to Netherlands were Cars ($408M), Video Displays ($221M), and Lifting Machinery ($95.9M). During the last 5 years the exports of Slovakia to Netherlands have increased at an annualized rate of 68%, from $163M in 2017 to $2.18B in 2022.

In 2017, Netherlands exported $1.55B to Slovakia. The main products exported from Netherlands to Slovakia were Broadcasting Equipment ($78.1M), Tractors ($68.2M), and Office Machine Parts ($46.6M). During the last 22 years the exports of Netherlands to Slovakia have increased at an annualized rate of 53.2%, from $184M in 1995 to $1.55B in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Netherlands (Flag)

Slovakia Exports

Netherlands Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Slovakia than Netherlands included Czechia ($12.6B), Hungary ($9.79B), and Ukraine ($1.55B).

In 2022, countries that imported more from Netherlands than Slovakia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Slovakia - Netherlands

Flow
Scale

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

During 2022, Slovakia had a large net trade with Netherlands in the exports of Machines ($978M), Transportation ($484M), and Metals ($170M).

During 2017, Netherlands had a large net trade with Slovakia in the exports of Machines ($501M), Chemical Products ($245M), and Transportation ($188M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Netherlands+$226MCars
Top Product Potential Netherlands Slovakia+$53.2MTelephones

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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Bilateral Service Trade

In 2020, Slovakia exported services to Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

In 2020, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Slovakia indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Slovakia.

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

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