Italy / Slovakia

Italy-Slovakia Trade: In 2022, Italy exported $4.13B to Slovakia. The main products that Italy exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($292M), Packaged Medicaments ($89.7M), and Other Plastic Products ($85.5M). Over the past 5 years the exports of Italy to Slovakia have increased at an annualized rate of 4.54%, from $3.3B in 2017 to $4.13B in 2022.

In 2020, Italy exported services to Slovakia worth $389M, with Travel ($158M), Transportation ($97M), and Other business services ($87.7M) being the largest in terms of value.

Slovakia-Italy Trade: In 2022, Slovakia exported $5.15B to Italy. The main products that Slovakia exported to Italy were Cars ($1.19B), Video Displays ($433M), and Motor vehicles; parts and accessories (8701 to 8705) ($255M). Over the past 5 years the exports of Slovakia to Italy have decreased at an annualized rate of 0.13%,  from $5.19B in 2017 to $5.15B in 2022.

In 2020, Slovakia exported services to Italy worth $288M, with Transportation ($185M), Other business services ($35.8M), and Travel ($35.3M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).