Slovakia (SVK) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Slovakia-Saudi Arabia Trade: In 2022, Slovakia exported $214M to Saudi Arabia. The main products that Slovakia exported to Saudi Arabia were Cars ($161M), Lifting Machinery ($10.6M), and Rubber Tires ($8.77M). Over the past 5 years the exports of Slovakia to Saudi Arabia have increased at an annualized rate of 9.64%, from $135M in 2017 to $214M in 2022.

In 2022, Slovakia did not export any services to Saudi Arabia.

Saudi Arabia-Slovakia Trade: In 2022, Saudi Arabia exported $25.1M to Slovakia. The main products that Saudi Arabia exported to Slovakia were Unsaturated Acyclic Monocarboxylic Acids ($8.77M), Propylene Polymers ($4.66M), and Ethylene Polymers ($3.73M). Over the past 5 years the exports of Saudi Arabia to Slovakia have increased at an annualized rate of 4.28%, from $14.6M in 2017 to $25.1M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $214M to Saudi Arabia. The main products exported from Slovakia to Saudi Arabia were Cars ($161M), Lifting Machinery ($10.6M), and Rubber Tires ($8.77M). During the last 5 years the exports of Slovakia to Saudi Arabia have increased at an annualized rate of 9.64%, from $135M in 2017 to $214M in 2022.

In 2017, Saudi Arabia exported $25.1M to Slovakia. The main products exported from Saudi Arabia to Slovakia were Unsaturated Acyclic Monocarboxylic Acids ($8.77M), Propylene Polymers ($4.66M), and Ethylene Polymers ($3.73M). During the last 5 years the exports of Saudi Arabia to Slovakia have increased at an annualized rate of 4.28%, from $14.6M in 2022 to $25.1M in 2017.

Exports from Slovakia () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Saudi Arabia ()

Slovakia Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Saudi Arabia
Top DestinationChina$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Slovakia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Slovakia () (2022)

Comparative Advantage Slovakia - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Saudi Arabia in the exports of Transportation ($161M), Machines ($24.9M), and Plastics and Rubbers ($9.91M).

During 2017, Saudi Arabia had a large net trade with Slovakia in the exports of Chemical Products ($10.2M), Plastics and Rubbers ($9.94M), and Metals ($4.11M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Saudi Arabia+$132MCars

Top Product Potential Saudi Arabia Slovakia+$5.17MPropylene Polymers

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

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Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Saudi Arabia ()

Slovakia Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Slovakia () (2022)

Comparative Advantage Slovakia - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Saudi Arabia () (2022)

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