2023
Flag  
GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$24,491CURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Slovakia-Ukraine Trade: In 2023, Slovakia exported $2.34B to Ukraine. The main products that Slovakia exported to Ukraine were Refined Petroleum ($358M), Planes, Helicopters, and/or Spacecraft ($357M), and Cars ($244M). Over the past 5 years the exports of Slovakia to Ukraine have increased at an annualized rate of 28.7%, from $663M in 2018 to $2.34B in 2023.

In 2012, Slovakia exported services to Ukraine worth $86.2M, with Services not allocated ($43.6M), Travel ($17M), and Transportation ($13.8M) being the largest in terms of value.

Ukraine-Slovakia Trade: In 2023, Ukraine exported $1.09B to Slovakia. The main products that Ukraine exported to Slovakia were Iron Ore ($500M), Poultry Meat ($99.1M), and Insulated Wire ($88.1M). Over the past 5 years the exports of Ukraine to Slovakia have increased at an annualized rate of 4.36%,  from $878M in 2018 to $1.09B in 2023.

In 2023, Ukraine did not export any services to Slovakia.

Comparison: In 2023,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). That same year, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovakia exported $2.34B to Ukraine. The main products exported from Slovakia to Ukraine were Refined Petroleum ($358M), Planes, Helicopters, and/or Spacecraft ($357M), and Cars ($244M). During the last 5 years the exports of Slovakia to Ukraine have increased at an annualized rate of 28.7%, from $663M in 2018 to $2.34B in 2023.

In 2018, Ukraine exported $1.09B to Slovakia. The main products exported from Ukraine to Slovakia were Iron Ore ($500M), Poultry Meat ($99.1M), and Insulated Wire ($88.1M). During the last 5 years the exports of Ukraine to Slovakia have increased at an annualized rate of 4.36%, from $878M in 2023 to $1.09B in 2018.

Exports from Slovakia (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Slovakia (Flag) (2023)

Latest Data

Trade between Slovakia (Flag) and Ukraine (Flag)

Slovakia Exports

Ukraine Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$21.5B
Ukraine
Top Destination
Poland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Slovakia included Turkey ($2.88B), Moldova ($1.13B), and Egypt ($1.15B).

Difference in imports from Ukraine (Flag) and Slovakia (Flag) (2023)

Comparative Advantage Slovakia - Ukraine

Flow
Scale

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

During 2023, Slovakia had a large net trade with Ukraine in the exports of Transportation ($808M), Mineral Products ($646M), and Machines ($246M).

During 2018, Ukraine had a large net trade with Slovakia in the exports of Mineral Products ($576M), Machines ($119M), and Animal Products ($101M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Ukraine+$74.8MCars
Top Product Potential Ukraine Slovakia+$21.9MInsulated Wire

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

Product Space of Slovakia (Flag) and Ukraine (Flag) (2023)

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