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2022
Flag → Flag
Exports $621kRnk 151 / 203
2022
Flag → Flag
Top Product $157kCentrifuges
2022
Flag → Flag
Exports $201kRnk 61 / 149
2022
Flag → Flag
Top Product $45.2kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 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$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Slovakia-Nepal Trade: In 2022, Slovakia exported $621k to Nepal. The main products that Slovakia exported to Nepal were Centrifuges ($157k), Surveying Equipment ($114k), and Water and Gas Generators ($41k). Over the past 5 years the exports of Slovakia to Nepal have decreased at an annualized rate of 25.8%, from $2.75M in 2017 to $621k in 2022.

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

Nepal-Slovakia Trade: In 2022, Nepal exported $201k to Slovakia. The main products that Nepal exported to Slovakia were Non-Knit Women's Suits ($45.2k), Packing Bags ($32.2k), and Percussion ($26.9k). Over the past 5 years the exports of Nepal to Slovakia have decreased at an annualized rate of 7.43%,  from $320k in 2017 to $201k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $621k to Nepal. The main products exported from Slovakia to Nepal were Centrifuges ($157k), Surveying Equipment ($114k), and Water and Gas Generators ($41k). During the last 5 years the exports of Slovakia to Nepal have decreased at an annualized rate of 25.8%, from $2.75M in 2017 to $621k in 2022.

In 2017, Nepal exported $201k to Slovakia. The main products exported from Nepal to Slovakia were Non-Knit Women's Suits ($45.2k), Packing Bags ($32.2k), and Percussion ($26.9k). During the last 5 years the exports of Nepal to Slovakia have decreased at an annualized rate of 7.43%, from $320k in 2022 to $201k in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Nepal (Flag)

Slovakia Exports

Market Competitiveness

Color
Slovakia
Top DestinationGermany$22.2B
Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Slovakia included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

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

Comparative Advantage Slovakia - Nepal

Flow
Scale

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

During 2022, Slovakia had a large net trade with Nepal in the exports of Machines ($282k), Instruments ($141k), and Transportation ($78.1k).

During 2017, Nepal had a large net trade with Slovakia in the exports of Textiles ($111k), Instruments ($27.1k), and Animal Hides ($14.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Nepal+$267kCentrifuges
Top Product Potential Nepal Slovakia+$124kNon-Knit Women's Suits

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 Nepal. This means that a dot/product with the flag of Slovakia indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Slovakia.

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

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