Estonia (EST) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

About

Estonia-Slovakia Trade: In 2022, Estonia exported $47.4M to Slovakia. The main products that Estonia exported to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). Over the past 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.37%, from $50.8M in 2017 to $47.4M in 2022.

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

Slovakia-Estonia Trade: In 2022, Slovakia exported $180M to Estonia. The main products that Slovakia exported to Estonia were Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). Over the past 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 1.96%, from $160M in 2017 to $180M in 2022.

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $47.4M to Slovakia. The main products exported from Estonia to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). During the last 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.37%, from $50.8M in 2017 to $47.4M in 2022.

In 2017, Slovakia exported $180M to Estonia. The main products exported from Slovakia to Estonia were Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). During the last 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 1.96%, from $160M in 2022 to $180M in 2017.

Exports from Estonia () to Slovakia () (2022)

Exports from Slovakia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Slovakia ()

Estonia Exports

Date

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Estonia than Slovakia included Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

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

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

Comparative Advantage Estonia - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Slovakia in the exports of Wood Products ($10.6M), Machines ($6.29M), and Metals ($4.86M).

During 2017, Slovakia had a large net trade with Estonia in the exports of Transportation ($89.8M), Machines ($43.7M), and Metals ($18.6M).

Bilateral Service Trade

Svk Year

Est Year

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Estonia () to Slovakia () (2022)

Exports from Slovakia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Slovakia ()

Estonia Exports

Slovakia Exports

Market Competitiveness

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

Comparative Advantage Estonia - Slovakia

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Keep Exploring