Bangladesh (BGD) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Bangladesh-Slovakia Trade: In 2022, Bangladesh exported $472M to Slovakia. The main products that Bangladesh exported to Slovakia were Knit T-shirts ($86.5M), Knit Sweaters ($62.4M), and Knit Women's Suits ($54.9M). Over the past 5 years the exports of Bangladesh to Slovakia have increased at an annualized rate of 9.57%, from $299M in 2017 to $472M in 2022.

In 2022, Bangladesh did not export any services to Slovakia.

Slovakia-Bangladesh Trade: In 2022, Slovakia exported $8.44M to Bangladesh. The main products that Slovakia exported to Bangladesh were Lifting Machinery ($5.43M), Cars ($805k), and Transmissions ($479k). Over the past 5 years the exports of Slovakia to Bangladesh have increased at an annualized rate of 22.9%, from $3.01M in 2017 to $8.44M in 2022.

In 2022, Slovakia did not export any services to Bangladesh.

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $472M to Slovakia. The main products exported from Bangladesh to Slovakia were Knit T-shirts ($86.5M), Knit Sweaters ($62.4M), and Knit Women's Suits ($54.9M). During the last 5 years the exports of Bangladesh to Slovakia have increased at an annualized rate of 9.57%, from $299M in 2017 to $472M in 2022.

In 2017, Slovakia exported $8.44M to Bangladesh. The main products exported from Slovakia to Bangladesh were Lifting Machinery ($5.43M), Cars ($805k), and Transmissions ($479k). During the last 5 years the exports of Slovakia to Bangladesh have increased at an annualized rate of 22.9%, from $3.01M in 2022 to $8.44M in 2017.

Exports from Bangladesh () to Slovakia () (2022)

Exports from Slovakia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Slovakia ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Bangladesh than Slovakia included United States ($11.7B), Spain ($4.41B), and India ($2B).

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

Difference in imports from Slovakia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Slovakia in the exports of Textiles ($438M), Footwear and Headwear ($27.9M), and Animal Hides ($2.47M).

During 2017, Slovakia had a large net trade with Bangladesh in the exports of Machines ($6.59M), Transportation ($823k), and Chemical Products ($489k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Slovakia+$21.3MKnit Sweaters

Top Product Potential Slovakia Bangladesh+$3.77MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Slovakia () (2022)

Exports from Slovakia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Slovakia ()

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Slovakia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Slovakia () (2022)

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