Slovakia (SVK) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Slovakia-New Zealand Trade: In 2023, Slovakia exported $84.9M to New Zealand. The main products that Slovakia exported to New Zealand were Cars ($61.5M), Rubber Tires ($1.78M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.51M). Over the past 5 years the exports of Slovakia to New Zealand have increased at an annualized rate of 10.6%, from $51.2M in 2018 to $84.9M in 2023.

In 2020, Slovakia exported services to New Zealand worth $2.17M, with Travel ($1.6M), Computer and information services ($228k), and Transportation ($114k) being the largest in terms of value.

New Zealand-Slovakia Trade: In 2023, New Zealand exported $8.15M to Slovakia. The main products that New Zealand exported to Slovakia were Tanned Equine and Bovine Hides ($2.51M), Other Electrical Machinery ($1.13M), and Wine ($714k). Over the past 5 years the exports of New Zealand to Slovakia have increased at an annualized rate of 2.48%, from $6.87M in 2018 to $8.15M in 2023.

In 2018, New Zealand exported services to Slovakia worth $18.6M, with Travel ($18.6M) being the largest in terms of value.

Comparison: In 2023, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovakia exported $84.9M to New Zealand. The main products exported from Slovakia to New Zealand were Cars ($61.5M), Rubber Tires ($1.78M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.51M). During the last 5 years the exports of Slovakia to New Zealand have increased at an annualized rate of 10.6%, from $51.2M in 2018 to $84.9M in 2023.

In 2018, New Zealand exported $8.15M to Slovakia. The main products exported from New Zealand to Slovakia were Tanned Equine and Bovine Hides ($2.51M), Other Electrical Machinery ($1.13M), and Wine ($714k). During the last 5 years the exports of New Zealand to Slovakia have increased at an annualized rate of 2.48%, from $6.87M in 2023 to $8.15M in 2018.

Exports from Slovakia () to New Zealand () (2023)

Exports from New Zealand () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and New Zealand ()

Slovakia Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$21.5B

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Slovakia than New Zealand included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

In 2023, countries that imported more from New Zealand than Slovakia included China ($12.3B), Australia ($5.2B), and Japan ($2.62B).

Difference in imports from New Zealand () and Slovakia () (2023)

Comparative Advantage Slovakia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovakia had a large net trade with New Zealand in the exports of Transportation ($63.2M), Machines ($11.3M), and Plastics and Rubbers ($2.95M).

During 2018, New Zealand had a large net trade with Slovakia in the exports of Machines ($2.82M), Animal Hides ($2.52M), and Foodstuffs ($740k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia New Zealand+$25MCars

Top Product Potential New Zealand Slovakia+$511kOther Fruits

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

Nzl Year

Svk Year

In 2020, Slovakia exported services to New Zealand worth $2.17M, with Travel ($1.6M), Computer and information services ($228k), and Transportation ($114k) being the largest in terms of value.

In 2018, New Zealand exported services to Slovakia worth $18.6M, with Travel ($18.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia () to New Zealand () (2020)

Services Exports from New Zealand () to Slovakia () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to New Zealand () (2023)

Exports from New Zealand () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and New Zealand ()

Slovakia Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Slovakia () (2023)

Comparative Advantage Slovakia - New Zealand

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Slovakia () to New Zealand () (2020)

Services Exports from New Zealand () to Slovakia () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and New Zealand () (2023)

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