Cyprus (CYP) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Cyprus-Slovakia Trade: In 2023, Cyprus exported $9.67M to Slovakia. The main products that Cyprus exported to Slovakia were Packaged Medicaments ($6M), Cheese ($1.39M), and Other Electrical Machinery ($743k). Over the past 5 years the exports of Cyprus to Slovakia have decreased at an annualized rate of 25%, from $40.9M in 2018 to $9.67M in 2023.

In 2020, Cyprus exported services to Slovakia worth $11.4M, with Financial services ($10.3M) and Travel ($1.14M) being the largest in terms of value.

Slovakia-Cyprus Trade: In 2023, Slovakia exported $75.9M to Cyprus. The main products that Slovakia exported to Cyprus were Cars ($42.4M), Delivery Trucks ($14.6M), and Air Conditioners ($1.99M). Over the past 5 years the exports of Slovakia to Cyprus have increased at an annualized rate of 2.04%, from $68.6M in 2018 to $75.9M in 2023.

In 2020, Slovakia exported services to Cyprus worth $46.4M, with Transportation ($21.9M), Other business services ($11.4M), and Computer and information services ($7.88M) being the largest in terms of value.

Comparison In 2023, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $9.67M to Slovakia. The main products exported from Cyprus to Slovakia were Packaged Medicaments ($6M), Cheese ($1.39M), and Other Electrical Machinery ($743k). During the last 5 years the exports of Cyprus to Slovakia have decreased at an annualized rate of 25%, from $40.9M in 2018 to $9.67M in 2023.

In 2018, Slovakia exported $75.9M to Cyprus. The main products exported from Slovakia to Cyprus were Cars ($42.4M), Delivery Trucks ($14.6M), and Air Conditioners ($1.99M). During the last 5 years the exports of Slovakia to Cyprus have increased at an annualized rate of 2.04%, from $68.6M in 2023 to $75.9M in 2018.

Exports from Cyprus () to Slovakia () (2023)

Exports from Slovakia () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and Slovakia ()

Cyprus Exports

Date

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from Cyprus than Slovakia included Libya ($775M), Bermuda ($403M), and Lebanon ($438M).

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

Difference in imports from Slovakia () and Cyprus () (2023)

Comparative Advantage Cyprus - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cyprus had a large net trade with Slovakia in the exports of Chemical Products ($6.04M), Animal Products ($1.44M), and Machines ($878k).

During 2018, Slovakia had a large net trade with Cyprus in the exports of Transportation ($57.3M), Machines ($4.39M), and Foodstuffs ($4.25M).

Bilateral Service Trade

Svk Year

Cyp Year

In 2020, Cyprus exported services to Slovakia worth $11.4M, with Financial services ($10.3M) and Travel ($1.14M) being the largest in terms of value.

In 2020, Slovakia exported services to Cyprus worth $46.4M, with Transportation ($21.9M), Other business services ($11.4M), and Computer and information services ($7.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Slovakia () (2020)

Services Exports from Slovakia () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Slovakia () (2023)

Exports from Slovakia () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and Slovakia ()

Cyprus Exports

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Cyprus () (2023)

Comparative Advantage Cyprus - Slovakia

Bilateral Service Trade

Services Exports from Cyprus () to Slovakia () (2020)

Services Exports from Slovakia () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Slovakia () (2023)

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