2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$24,491CURRENT US$
Rnk 51 / 196
2013-2023
Flag
GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195

About

Estonia-Slovakia Trade: In 2023, Estonia exported $50.3M to Slovakia. The main products that Estonia exported to Slovakia were Inedible Fats and Oils ($5.5M), Motor vehicles; parts and accessories (8701 to 8705) ($3.87M), and Cheese ($2.67M). Over the past 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.52%, from $54.3M in 2018 to $50.3M in 2023.

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 2023, Slovakia exported $175M to Estonia. The main products that Slovakia exported to Estonia were Cars ($74.8M), Planes, Helicopters, and/or Spacecraft ($15.5M), and Hot-Rolled Iron ($8.56M). Over the past 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 5.35%,  from $135M in 2018 to $175M in 2023.

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 2023,  Estonia ranked 79 in total exports ($20B), 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
Value

In 2023, Estonia exported $50.3M to Slovakia. The main products exported from Estonia to Slovakia were Inedible Fats and Oils ($5.5M), Motor vehicles; parts and accessories (8701 to 8705) ($3.87M), and Cheese ($2.67M). During the last 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.52%, from $54.3M in 2018 to $50.3M in 2023.

In 2018, Slovakia exported $175M to Estonia. The main products exported from Slovakia to Estonia were Cars ($74.8M), Planes, Helicopters, and/or Spacecraft ($15.5M), and Hot-Rolled Iron ($8.56M). During the last 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 5.35%, from $135M in 2023 to $175M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Slovakia (Flag)

Estonia Exports

Slovakia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Slovakia
Top Destination
Germany$21.5B

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 2023, countries that imported more from Estonia than Slovakia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Slovakia

Flow
Scale

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

During 2023, Estonia had a large net trade with Slovakia in the exports of Transportation ($8.46M), Wood Products ($5.88M), and Animal and Vegetable Bi-Products ($5.53M).

During 2018, Slovakia had a large net trade with Estonia in the exports of Transportation ($98.5M), Machines ($32.8M), and Metals ($15.8M).

Bilateral Service Trade

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 (Flag) to Slovakia (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

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.

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

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