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2023
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Exports $116MRnk 107 / 221
2023
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Top Product $17.5MFerroalloys
2023
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Exports $490MRnk 27 / 197
2023
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Top Product $281MCars
2023
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Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
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Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
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GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP$133BCURRENT US$
Rnk 61 / 195
2013-2023
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GDP GROWTH34.1%CURRENT US$
Rnk 104 / 195
2023
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GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
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GDP PC$24,491CURRENT US$
Rnk 51 / 196
2013-2023
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GDP PC GROWTH33.7%CURRENT US$
Rnk 71 / 195

About

Brazil-Slovakia Trade: In 2023, Brazil exported $116M to Slovakia. The main products that Brazil exported to Slovakia were Ferroalloys ($17.5M), Iron Ore ($14M), and Raw Tin ($9.53M). Over the past 5 years the exports of Brazil to Slovakia have increased at an annualized rate of 1.05%, from $111M in 2018 to $116M in 2023.

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

Slovakia-Brazil Trade: In 2023, Slovakia exported $490M to Brazil. The main products that Slovakia exported to Brazil were Cars ($281M), Motor vehicles; parts and accessories (8701 to 8705) ($33.3M), and Air Conditioners ($29.7M). Over the past 5 years the exports of Slovakia to Brazil have increased at an annualized rate of 25.8%,  from $155M in 2018 to $490M in 2023.

In 2020, Slovakia exported services to Brazil worth $6.17M, with Computer and information services ($3.88M), Transportation ($800k), and Communications services ($685k) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $1.97M and imported $39.9M from Slovakia, resulting in a negative trade balance of $37.9M. Between December 2023 and December 2024 the exports of Brazil have increased by $791k (67.2%) from $1.18M to $1.97M, while imports increased by $6.89M (20.9%) from $33M to $39.9M.

Trade In December 2024, the top exports of Brazil to Slovakia were Tanned Equine and Bovine Hides ($1.07M), Air Pumps ($385k), Thermostats ($161k), Motor vehicles; parts and accessories (8701... ($79.8k), and Shaped Wood ($23.3k). In December 2024 the top imports of Brazil from Slovakia were Cars ($10.3M), Motor vehicles; parts and accessories (8701... ($3.36M), Electrical Lighting and Signalling Equipment ($1.29M), Transmissions ($1.21M), and Ball Bearings ($960k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($1.54M), Minas Gerais ($200k), Santa Catarina ($155k), Rio Grande do Sul ($75.3k), and Paraná ($1.93k), while imports destinations were mainly Rio de Janeiro ($15.3M), Espírito Santo ($9.44M), São Paulo ($5.46M), Paraná ($5.01M), and Santa Catarina ($2.2M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Slovakia was explained primarily by an increase in product exports in Tanned Equine and Bovine Hides ($340k or 46.3%), Other Rubber Products ($13.7k or 4.32k%), and Aircraft parts for spacecraft, UAVs, and... ($10.6k or 3.97k%). In December 2024, the increase in Brazil's year-by-year imports  from Slovakia was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($1.08M or 47.6%), Transmissions ($516k or 74.9%), and Medical Instruments ($319k or 1.26k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$791k(67.2%)
IMPORT GROWTH (December 2023 - December 2024)$6.89M(20.9%)
MAIN EXPORTER (December 2024)São Paulo$1.54M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Slovakia and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovakia and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $116M to Slovakia. The main products exported from Brazil to Slovakia were Ferroalloys ($17.5M), Iron Ore ($14M), and Raw Tin ($9.53M). During the last 5 years the exports of Brazil to Slovakia have increased at an annualized rate of 1.05%, from $111M in 2018 to $116M in 2023.

In 2018, Slovakia exported $490M to Brazil. The main products exported from Slovakia to Brazil were Cars ($281M), Motor vehicles; parts and accessories (8701 to 8705) ($33.3M), and Air Conditioners ($29.7M). During the last 5 years the exports of Slovakia to Brazil have increased at an annualized rate of 25.8%, from $155M in 2023 to $490M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from Brazil than Slovakia included China ($106B), United States ($37B), and Argentina ($17.2B).

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

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

Comparative Advantage Brazil - Slovakia

Flow
Scale

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

During 2023, Brazil had a large net trade with Slovakia in the exports of Metals ($30.2M), Machines ($17.6M), and Mineral Products ($17.5M).

During 2018, Slovakia had a large net trade with Brazil in the exports of Transportation ($316M), Machines ($129M), and Plastics and Rubbers ($10.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Slovakia+$15.7MIron Ore
Top Product Potential Slovakia Brazil+$91.5MCars

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

In 2020, Slovakia exported services to Brazil worth $6.17M, with Computer and information services ($3.88M), Transportation ($800k), and Communications services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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