2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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 GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
13%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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2022
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GDP PC
$106,149CURRENT US$
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2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
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About

Slovakia-Norway In 2022, Slovakia exported $318M to Norway. The main products that Slovakia exported to Norway are Cars ($62.5M), Rubber Tires ($25.2M), and Electrical Transformers ($20M). During the last 27 years the exports of Slovakia to Norway have increased at an annualized rate of 10.8%, from $20.2M in 1995 to $318M in 2022.

In 2020, Slovakia exported services to Norway worth $22M, with Transportation ($11M), Other business services ($7.2M), and Travel ($2.17M) being the largest in terms of value.

Norway-Slovakia In 2022, Norway exported $161M to Slovakia. The main products that Norway exported to Slovakia were Raw Aluminium ($47.6M), Ferroalloys ($24.3M), and Newsprint ($24M). During the last 27 years the exports of Norway to Slovakia have increased at an annualized rate of 7.81%, from $21.2M in 1995 to $161M in 2022.

In 2009, Norway exported services to Slovakia worth $19.3M, with Communications services ($9.43M), Travel ($8.15M), and Government services, n.i.e. ($1.28M) 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, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $318M to Norway. The main products exported from Slovakia to Norway were Cars ($62.5M), Rubber Tires ($25.2M), and Electrical Transformers ($20M). During the last 27 years the exports of Slovakia to Norway have increased at an annualized rate of 10.8%, from $20.2M in 1995 to $318M in 2022.

In 2022, Norway exported $161M to Slovakia. The main products exported from Norway to Slovakia were Raw Aluminium ($47.6M), Ferroalloys ($24.3M), and Newsprint ($24M). During the last 27 years the exports of Norway to Slovakia have increased at an annualized rate of 7.81%, from $21.2M in 1995 to $161M in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Norway (Flag)

Slovakia Exports

Norway Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Slovakia than Norway were Czechia ($12.6B), Hungary ($9.79B), and Austria ($5.81B).

In 2021, countries that imported more from Norway than Slovakia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Slovakia - Norway

Flow
Scale

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

During 2022, Slovakia had a large net trade with Norway in the exports of Machines ($96.6M), Transportation ($87.4M), and Metals ($37.7M).

During 2022, Norway had a large net trade with Slovakia in the exports of Metals ($89.9M), Paper Goods ($24.1M), and Transportation ($17.5M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Norway worth $22M, with Transportation ($11M), Other business services ($7.2M), and Travel ($2.17M) being the largest in terms of value.

In 2009, Norway exported services to Slovakia worth $19.3M, with Communications services ($9.43M), Travel ($8.15M), and Government services, n.i.e. ($1.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Norway (Flag) to Slovakia (Flag) (2009)

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

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

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