2023
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GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
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GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
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 GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
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GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
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GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195
2023
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GDP PC
$24,491CURRENT US$
Rnk 51 / 196
2013-2023
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GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195

About

Turkey-Slovakia Trade: In 2023, Turkey exported $995M to Slovakia. The main products that Turkey exported to Slovakia were Cars ($59.7M), Motor vehicles; parts and accessories (8701 to 8705) ($50M), and Aluminium Plating ($38.3M). Over the past 5 years the exports of Turkey to Slovakia have increased at an annualized rate of 5.72%, from $753M in 2018 to $995M in 2023.

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

Slovakia-Turkey In N/A, Slovakia did not export any products to Turkey.

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 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $995M to Slovakia. The main products exported from Turkey to Slovakia were Cars ($59.7M), Motor vehicles; parts and accessories (8701 to 8705) ($50M), and Aluminium Plating ($38.3M). During the last 5 years the exports of Turkey to Slovakia have increased at an annualized rate of 5.72%, from $753M in 2018 to $995M in 2023.

Slovakia does not register exports to Turkey. The main products exported from Slovakia to Turkey were Cars ($407M), Rubber Tires ($124M), and Motor vehicles; parts and accessories (8701 to 8705) ($100M).

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

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

Latest Data

Trade between Turkey (Flag) and Slovakia (Flag)

Turkey Exports

Slovakia Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Slovakia
Top Destination
Germany$21.5B

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 2023, countries that imported more from Turkey than Slovakia included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

In 2023, countries that imported more from Slovakia than Turkey included Czechia ($11.1B), Hungary ($7.34B), and Austria ($4.21B).

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

Comparative Advantage Turkey - Slovakia

Flow
Scale

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

During 2023, Turkey had a large net trade with Slovakia in the exports of Metals ($197M), Textiles ($177M), and Transportation ($167M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Slovakia+$42.7MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia Turkey+$185MCars

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

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.

Services Exports from Turkey (Flag) to Slovakia (Flag) (2009)

Services Exports from Slovakia (Flag) to Turkey (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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