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2022
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Exports $320MRnk 75 / 211
2022
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Top Product $55.2MCars
2022
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Exports $335MRnk 31 / 203
2022
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Top Product $211MCars
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$115BCURRENT US$
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2012-2022
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GDP GROWTH22%CURRENT US$
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2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH21.5%CURRENT US$
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About

Japan-Slovakia Trade: In 2022, Japan exported $320M to Slovakia. The main products that Japan exported to Slovakia were Cars ($55.2M), Electrical Ignitions ($16.1M), and Integrated Circuits ($10.2M). Over the past 5 years the exports of Japan to Slovakia have decreased at an annualized rate of 2.74%, from $368M in 2017 to $320M in 2022.

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

Slovakia-Japan Trade: In 2022, Slovakia exported $335M to Japan. The main products that Slovakia exported to Japan were Cars ($211M), Transmissions ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.5M). Over the past 5 years the exports of Slovakia to Japan have increased at an annualized rate of 13.9%,  from $175M in 2017 to $335M in 2022.

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 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥1.9B and imported ¥7.54B from Slovakia, resulting in a negative trade balance of ¥5.64B. Between August 2023 and August 2024 the exports of Japan have increased by ¥314M (19.8%) from ¥1.58B to ¥1.9B, while imports decreased by ¥-298M (-3.8%) from ¥7.83B to ¥7.54B.

Trade In August 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 August 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 August 2024 the exports of Japan were mainly from Chiba (¥575M), Hyōgo (¥357M), Osaka (¥289M), Hiroshima (¥192M), and Yamaguchi (¥181M), while imports destinations were mainly Aichi (¥5.6B), Tokyo (¥736M), Chiba (¥348M), Hiroshima (¥224M), and Kanagawa (¥174M).

Growth In August 2024, the increase in Japan's year-by-year exports to Slovakia was explained primarily by an increase in product exports in Cars (¥217M or 113%), Ball Bearings (¥45.3M or 298%), and Integrated Circuits (¥38.5M or 270%). In August 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 (August 2023 - August 2024)¥314M(19.8%)
IMPORT GROWTH (August 2023 - August 2024)¥-298M(-3.8%)
MAIN EXPORTER (August 2024)Chiba¥575M

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 2022, Japan exported $320M to Slovakia. The main products exported from Japan to Slovakia were Cars ($55.2M), Electrical Ignitions ($16.1M), and Integrated Circuits ($10.2M). During the last 5 years the exports of Japan to Slovakia have decreased at an annualized rate of 2.74%, from $368M in 2017 to $320M in 2022.

In 2017, Slovakia exported $335M to Japan. The main products exported from Slovakia to Japan were Cars ($211M), Transmissions ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.5M). During the last 5 years the exports of Slovakia to Japan have increased at an annualized rate of 13.9%, from $175M in 2022 to $335M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Slovakia
Top DestinationGermany$22.2B

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 2022, countries that imported more from Japan than Slovakia included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Slovakia than Japan included Czechia ($12.6B), Hungary ($9.79B), and Austria ($5.81B).

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

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 2022, Japan had a large net trade with Slovakia in the exports of Machines ($135M), Transportation ($81.2M), and Instruments ($30.4M).

During 2017, Slovakia had a large net trade with Japan in the exports of Transportation ($223M), Machines ($73.3M), and Miscellaneous ($7.44M).

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) (2022)

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