Greece (GRC) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Greece-Slovakia Trade: In 2022, Greece exported $228M to Slovakia. The main products that Greece exported to Slovakia were Aluminium Plating ($29.1M), Razor Blades ($26.8M), and Aluminium Oxide ($24.7M). Over the past 5 years the exports of Greece to Slovakia have increased at an annualized rate of 14.5%, from $116M in 2017 to $228M in 2022.

In 2020, Greece exported services to Slovakia worth $22.7M, with Other business services ($8M), Travel ($6.17M), and Transportation ($3.88M) being the largest in terms of value.

Slovakia-Greece Trade: In 2022, Slovakia exported $333M to Greece. The main products that Slovakia exported to Greece were Cars ($104M), Video Displays ($54M), and Coated Flat-Rolled Iron ($17.1M). Over the past 5 years the exports of Slovakia to Greece have increased at an annualized rate of 7.37%, from $234M in 2017 to $333M in 2022.

In 2020, Slovakia exported services to Greece worth $15.5M, with Travel ($9.59M), Other business services ($2.51M), and Transportation ($1.94M) being the largest in terms of value.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $228M to Slovakia. The main products exported from Greece to Slovakia were Aluminium Plating ($29.1M), Razor Blades ($26.8M), and Aluminium Oxide ($24.7M). During the last 5 years the exports of Greece to Slovakia have increased at an annualized rate of 14.5%, from $116M in 2017 to $228M in 2022.

In 2017, Slovakia exported $333M to Greece. The main products exported from Slovakia to Greece were Cars ($104M), Video Displays ($54M), and Coated Flat-Rolled Iron ($17.1M). During the last 5 years the exports of Slovakia to Greece have increased at an annualized rate of 7.37%, from $234M in 2022 to $333M in 2017.

Exports from Greece () to Slovakia () (2022)

Exports from Slovakia () to Greece () (2022)

Latest Data

Trade between Greece () and Slovakia ()

Greece Exports

Date

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Greece than Slovakia included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

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

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

Comparative Advantage Greece - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Slovakia in the exports of Metals ($84.1M), Chemical Products ($39.1M), and Plastics and Rubbers ($18.2M).

During 2017, Slovakia had a large net trade with Greece in the exports of Machines ($116M), Transportation ($110M), and Metals ($24.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Slovakia+$8.26MPackaged Medicaments

Top Product Potential Slovakia Greece+$51.1MCars

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

Svk Year

Grc Year

In 2020, Greece exported services to Slovakia worth $22.7M, with Other business services ($8M), Travel ($6.17M), and Transportation ($3.88M) being the largest in terms of value.

In 2020, Slovakia exported services to Greece worth $15.5M, with Travel ($9.59M), Other business services ($2.51M), and Transportation ($1.94M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Slovakia () (2022)

Exports from Slovakia () to Greece () (2022)

Latest Data

Trade between Greece () and Slovakia ()

Greece Exports

Slovakia Exports

Market Competitiveness

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

Comparative Advantage Greece - Slovakia

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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