Flag United States / Slovakia Flag

2021
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Exports
: $564M, Rnk 89 / 217

2021
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Top Product
: $62.6M, Cars

2021
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Exports
: $3.67B, Rnk 9 / 197

2021
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Top Product
: $2.4B, Cars

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

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

2021
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GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

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

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

2021
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GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

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

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

United States-Slovakia In 2021, United States exported $564M to Slovakia. The main products that United States exported to Slovakia are Cars ($62.6M), Iron Ore ($25.3M), and Vaccines, blood, antisera, toxins and cultures ($23.6M). During the last 26 years the exports of United States to Slovakia have increased at an annualized rate of 5.32%, from $147M in 1995 to $564M in 2021.

In 2017, United States exported services to Slovakia worth $329M, with Travel ($151M), Royalties and license fees ($52M), and Financial services ($40M) being the largest in terms of value.

Slovakia-United States In 2021, Slovakia exported $3.67B to United States. The main products that Slovakia exported to United States were Cars ($2.4B), Rubber Tires ($166M), and Transmissions ($83.8M). During the last 26 years the exports of Slovakia to United States have increased at an annualized rate of 13.5%, from $137M in 1995 to $3.67B in 2021.

In 2020, Slovakia exported services to United States worth $481M, with Computer and information services ($198M), Communications services ($163M), and Other business services ($90M) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United States exported $564M to Slovakia. The main products exported from United States to Slovakia were Cars ($62.6M), Iron Ore ($25.3M), and Vaccines, blood, antisera, toxins and cultures ($23.6M). During the last 26 years the exports of United States to Slovakia have increased at an annualized rate of 5.32%, from $147M in 1995 to $564M in 2021.

In 2021, Slovakia exported $3.67B to United States. The main products exported from Slovakia to United States were Cars ($2.4B), Rubber Tires ($166M), and Transmissions ($83.8M). During the last 26 years the exports of Slovakia to United States have increased at an annualized rate of 13.5%, from $137M in 1995 to $3.67B in 2021.

Market Competitiveness

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Color

United States
Top Destination
: Canada, $259B

Slovakia
Top Destination
: Germany, $21.8B

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

In 2021, countries that imported more from United States than Slovakia were Canada ($259B), Mexico ($247B), and China ($151B).

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

Comparative Advantage United States - Slovakia

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Flow
Scale

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

During 2021, United States had a large net trade with Slovakia in the exports of Machines ($150M), Transportation ($87.3M), and Chemical Products ($83.1M).

During 2021, Slovakia had a large net trade with United States in the exports of Transportation ($2.44B), Machines ($717M), and Plastics and Rubbers ($201M).

Bilateral Service Trade

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In 2017, United States exported services to Slovakia worth $329M, with Travel ($151M), Royalties and license fees ($52M), and Financial services ($40M) being the largest in terms of value.

In 2020, Slovakia exported services to United States worth $481M, with Computer and information services ($198M), Communications services ($163M), and Other business services ($90M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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