2023
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GDP
$336BCURRENT US$
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2013-2023
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GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
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 GDP
$133BCURRENT US$
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2013-2023
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GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
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GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
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GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
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GDP PC
$24,491CURRENT US$
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2013-2023
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GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195

About

Chile-Slovakia Trade: In 2023, Chile exported $10.6M to Slovakia. The main products that Chile exported to Slovakia were N/A. Over the past 5 years the exports of Chile to Slovakia have increased at an annualized rate of 19.1%, from $4.44M in 2018 to $10.6M in 2023.

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

Slovakia-Chile Trade: In 2023, Slovakia exported $69.4M to Chile. The main products that Slovakia exported to Chile were Cars ($32.2M), Dental Products ($6.21M), and Centrifuges ($4.25M). Over the past 5 years the exports of Slovakia to Chile have increased at an annualized rate of 4.5%,  from $55.7M in 2018 to $69.4M in 2023.

In 2020, Slovakia exported services to Chile worth $343k, with Transportation ($114k), Communications services ($114k), and Other business services ($114k) being the largest in terms of value.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). 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, Chile exported $10.6M to Slovakia. There were not main exports from Chile to Slovakia in 2023. During the last 5 years the exports of Chile to Slovakia have increased at an annualized rate of 19.1%, from $4.44M in 2018 to $10.6M in 2023.

In 2018, Slovakia exported $69.4M to Chile. The main products exported from Slovakia to Chile were Cars ($32.2M), Dental Products ($6.21M), and Centrifuges ($4.25M). During the last 5 years the exports of Slovakia to Chile have increased at an annualized rate of 4.5%, from $55.7M in 2023 to $69.4M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Slovakia
Top Destination
Germany$21.5B

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

In 2023, countries that imported more from Chile than Slovakia included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

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

Comparative Advantage Chile - Slovakia

Flow
Scale

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

During 2023, Chile had a large net trade with Slovakia in the exports of Vegetable Products ($6.31M), Chemical Products ($2.61M), and Animal Products ($734k).

During 2018, Slovakia had a large net trade with Chile in the exports of Transportation ($32.8M), Machines ($20.3M), and Chemical Products ($6.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Slovakia+$971kPackaged Medicaments
Top Product Potential Slovakia Chile+$36MCars

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 Chile worth $343k, with Transportation ($114k), Communications services ($114k), and Other business services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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