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2022
Flag → Flag
Exports $410MRnk 99 / 217
2022
Flag → Flag
Top Product $76.8MIron Ore
2022
Flag → Flag
Exports $159MRnk 48 / 203
2022
Flag → Flag
Top Product $30.7MCars
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

India-Slovakia Trade: In 2022, India exported $410M to Slovakia. The main products that India exported to Slovakia were Iron Ore ($76.8M), Motor vehicles; parts and accessories (8701 to 8705) ($31M), and Footwear Parts ($25.4M). Over the past 5 years the exports of India to Slovakia have increased at an annualized rate of 12.3%, from $230M in 2017 to $410M in 2022.

In 2022, India did not export any services to Slovakia.

Slovakia-India Trade: In 2022, Slovakia exported $159M to India. The main products that Slovakia exported to India were Cars ($30.7M), Rubberworking Machinery ($11.3M), and Ball Bearings ($7.53M). Over the past 5 years the exports of Slovakia to India have increased at an annualized rate of 16.3%,  from $74.8M in 2017 to $159M in 2022.

In 2020, Slovakia exported services to India worth $8.11M, with Travel ($2.51M), Other business services ($2.51M), and Computer and information services ($1.94M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Latest Trends

N/A

About

Overview In N/A, India exported $N/A and imported $N/A from Slovakia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Slovakia were . In N/A the top imports of India from Slovakia were .

Growth In N/A, the N/A in India's year-by-year exports to Slovakia was explained primarily by an decrease in product exports in . In N/A, the N/A in India's year-by-year imports  from Slovakia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Slovakia and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovakia and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $410M to Slovakia. The main products exported from India to Slovakia were Iron Ore ($76.8M), Motor vehicles; parts and accessories (8701 to 8705) ($31M), and Footwear Parts ($25.4M). During the last 5 years the exports of India to Slovakia have increased at an annualized rate of 12.3%, from $230M in 2017 to $410M in 2022.

In 2017, Slovakia exported $159M to India. The main products exported from Slovakia to India were Cars ($30.7M), Rubberworking Machinery ($11.3M), and Ball Bearings ($7.53M). During the last 5 years the exports of Slovakia to India have increased at an annualized rate of 16.3%, from $74.8M in 2022 to $159M in 2017.

Exports from India (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from India than Slovakia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Difference in imports from Slovakia (Flag) and India (Flag) (2022)

Comparative Advantage India - Slovakia

Flow
Scale

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

During 2022, India had a large net trade with Slovakia in the exports of Mineral Products ($77.1M), Machines ($72.8M), and Textiles ($44M).

During 2017, Slovakia had a large net trade with India in the exports of Machines ($82.5M), Transportation ($34.4M), and Metals ($12M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Slovakia+$50.6MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia India+$40MCars

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 India worth $8.11M, with Travel ($2.51M), Other business services ($2.51M), and Computer and information services ($1.94M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Slovakia (Flag) (2022)

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