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2023
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Exports $680MRnk 61 / 211
2023
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Top Product $217MCars
2023
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Exports $580MRnk 26 / 197
2023
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Top Product $397MCars
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
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GDP$4.2TCURRENT US$
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2013-2023
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GDP GROWTH-19.3%CURRENT US$
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2023
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 GDP$133BCURRENT US$
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2013-2023
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GDP GROWTH34.1%CURRENT US$
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2023
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GDP PC $33,767CURRENT US$
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2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
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2023
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GDP PC$24,491CURRENT US$
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2013-2023
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GDP PC GROWTH33.7%CURRENT US$
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About

Japan-Slovakia Trade: In 2023, Japan exported $680M to Slovakia. The main products that Japan exported to Slovakia were Cars ($217M), Low-voltage Protection Equipment ($34.5M), and Video Displays ($24.5M). Over the past 5 years the exports of Japan to Slovakia have increased at an annualized rate of 4.85%, from $537M in 2018 to $680M in 2023.

In 2023, Japan did not export any services to Slovakia.

Slovakia-Japan Trade: In 2023, Slovakia exported $580M to Japan. The main products that Slovakia exported to Japan were Cars ($397M), Electrical Transformers ($36M), and Motor vehicles; parts and accessories (8701 to 8705) ($17M). Over the past 5 years the exports of Slovakia to Japan have increased at an annualized rate of 18.3%,  from $251M in 2018 to $580M in 2023.

In 2020, Slovakia exported services to Japan worth $105M, with Computer and information services ($97M), Travel ($5.48M), and Other business services ($1.14M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.39B and imported ¥6.94B from Slovakia, resulting in a negative trade balance of ¥5.56B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-329M (-19.2%) from ¥1.72B to ¥1.39B, while imports decreased by ¥-1.24B (-15.2%) from ¥8.19B to ¥6.94B.

Trade In November 2024, the top exports of Japan to Slovakia were Cars (¥410M), Commodities not elsewhere specified (¥226M), Air Pumps (¥100M), Rubberworking Machinery (¥85M), and Semiconductor Devices (¥61.2M). In November 2024 the top imports of Japan from Slovakia were Cars (¥1.8B), Electrical Transformers (¥370M), Motor vehicles; parts and accessories (8701... (¥193M), Transmissions (¥138M), and Engine Parts (¥85.2M).

Origins In November 2024 the exports of Japan were mainly from Chiba (¥541M), Yamaguchi (¥222M), Hyōgo (¥150M), Osaka (¥117M), and Tokyo (¥104M), while imports destinations were mainly Aichi (¥4.89B), Tokyo (¥871M), Chiba (¥388M), Yamaguchi (¥264M), and Kanagawa (¥159M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Slovakia was explained primarily by an decrease in product exports in Commodities not elsewhere specified (¥-60.7M or -21.2%), Machinery Having Individual Functions (¥-50.2M or -97.5%), and Machinery parts, not containing electrical connectors,... (¥-49.3M or -99.4%). In November 2024, the decrease in Japan's year-by-year imports  from Slovakia was explained primarily by an decrease in product imports  in Cars (¥-920M or -33.8%), Machinery Having Individual Functions (¥-134M or -97.7%), and Harvesting Machinery (¥-94.6M or -99%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-329M(-19.2%)
IMPORT GROWTH (November 2023 - November 2024)¥-1.24B(-15.2%)
MAIN EXPORTER (November 2024)Chiba¥541M

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

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

For full datasets download visit Bulk Download page.

Explore Slovakia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $680M to Slovakia. The main products exported from Japan to Slovakia were Cars ($217M), Low-voltage Protection Equipment ($34.5M), and Video Displays ($24.5M). During the last 5 years the exports of Japan to Slovakia have increased at an annualized rate of 4.85%, from $537M in 2018 to $680M in 2023.

In 2018, Slovakia exported $580M to Japan. The main products exported from Slovakia to Japan were Cars ($397M), Electrical Transformers ($36M), and Motor vehicles; parts and accessories (8701 to 8705) ($17M). During the last 5 years the exports of Slovakia to Japan have increased at an annualized rate of 18.3%, from $251M in 2023 to $580M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from Japan than Slovakia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Slovakia than Japan included Czechia ($11.1B), Hungary ($7.34B), and Romania ($2.62B).

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

Comparative Advantage Japan - Slovakia

Flow
Scale

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

During 2023, Japan had a large net trade with Slovakia in the exports of Machines ($278M), Transportation ($247M), and Instruments ($47.4M).

During 2018, Slovakia had a large net trade with Japan in the exports of Transportation ($415M), Machines ($118M), and Miscellaneous ($9.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Slovakia+$81.6MCars
Top Product Potential Slovakia Japan+$166MCars

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 Japan worth $105M, with Computer and information services ($97M), Travel ($5.48M), and Other business services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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