Flag Turkey / Slovakia Flag

2021
FlagFlag
Exports
: $749M, Rnk 61 / 218

2021
FlagFlag
Top Product
: $34.2M, Cars

2021
FlagFlag
Exports
: $986M, Rnk 19 / 197

2021
FlagFlag
Top Product
: $193M, Cars

2021
Flag
Economic Complexity (ECI)
: ECI 0.61, Rnk 42 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 1.31, Rnk 16 / 131

2021
Flag  
GDP
: $815B, CURRENT US$
Rnk 19 / 182

2011-2021
Flag
GDP GROWTH
: -2.8%, CURRENT US$
Rnk 154 / 182

2021
Flag
 GDP
: $115B, CURRENT US$
Rnk 57 / 182

2011-2021
Flag
GDP GROWTH
: 15.5%, CURRENT US$
Rnk 114 / 182

2021
Flag
GDP PC 
: $9,587, CURRENT US$
Rnk 68 / 182

2011-2021
Flag
GDP PC GROWTH
: -16.1%, CURRENT US$
Rnk 155 / 182

2021
Flag
GDP PC
: $21,088, CURRENT US$
Rnk 42 / 182

2011-2021
Flag
GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 88 / 182

Turkey-Slovakia In 2021, Turkey exported $749M to Slovakia. The main products that Turkey exported to Slovakia are Cars ($34.2M), Copper Wire ($33.3M), and Knit Socks and Hosiery ($32.5M). During the last 26 years the exports of Turkey to Slovakia have increased at an annualized rate of 13.3%, from $28.9M in 1995 to $749M in 2021.

In 2009, Turkey exported services to Slovakia worth $0, with being the largest in terms of value.

Slovakia-Turkey In 2021, Slovakia exported $986M to Turkey. The main products that Slovakia exported to Turkey were Cars ($193M), Rubber Tires ($92M), and Central Heating Boilers ($55.4M). During the last 26 years the exports of Slovakia to Turkey have increased at an annualized rate of 12.3%, from $47.8M in 1995 to $986M in 2021.

In 2020, Slovakia exported services to Turkey worth $41.9M, with Transportation ($27.3M), Computer and information services ($10.5M), and Other business services ($3.08M) being the largest in terms of value.

Comparison In 2021,  Turkey ranked 42 in the Economic Complexity Index (ECI 0.61), and 28 in total exports ($234B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Turkey exported $749M to Slovakia. The main products exported from Turkey to Slovakia were Cars ($34.2M), Copper Wire ($33.3M), and Knit Socks and Hosiery ($32.5M). During the last 26 years the exports of Turkey to Slovakia have increased at an annualized rate of 13.3%, from $28.9M in 1995 to $749M in 2021.

In 2021, Slovakia exported $986M to Turkey. The main products exported from Slovakia to Turkey were Cars ($193M), Rubber Tires ($92M), and Central Heating Boilers ($55.4M). During the last 26 years the exports of Slovakia to Turkey have increased at an annualized rate of 12.3%, from $47.8M in 1995 to $986M in 2021.

Turkey Exports

#permalink to section

Slovakia Exports

#permalink to section

Market Competitiveness

#permalink to section
Color

Turkey
Top Destination
: Germany, $19.8B

Slovakia
Top Destination
: Germany, $21.8B

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

In 2021, countries that imported more from Turkey than Slovakia were Iraq ($11.1B), United States ($14.8B), and United Kingdom ($14.2B).

In 2021, countries that imported more from Slovakia than Turkey were Czechia ($11.6B), Hungary ($7.72B), and Austria ($5.72B).

Comparative Advantage Turkey - Slovakia

#permalink to section
Flow
Scale

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

During 2021, Turkey had a large net trade with Slovakia in the exports of Metals ($174M), Textiles ($158M), and Transportation ($119M).

During 2021, Slovakia had a large net trade with Turkey in the exports of Machines ($335M), Transportation ($235M), and Plastics and Rubbers ($132M).

Bilateral Service Trade

#permalink to section
Tur Year

In 2009, Turkey exported services to Slovakia worth $0, with being the largest in terms of value.

In 2020, Slovakia exported services to Turkey worth $41.9M, with Transportation ($27.3M), Computer and information services ($10.5M), and Other business services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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