2022
Flag  
GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Slovakia-Estonia Trade: In 2022, Slovakia exported $180M to Estonia. The main products that Slovakia exported to Estonia were Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). Over the past 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 2.36%, from $160M in 2017 to $180M in 2022.

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

Estonia-Slovakia Trade: In 2022, Estonia exported $47.4M to Slovakia. The main products that Estonia exported to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). Over the past 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.37%,  from $50.8M in 2017 to $47.4M in 2022.

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

Comparison In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32),  and 41 in total exports ($110B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $180M to Estonia. The main products exported from Slovakia to Estonia were Cars ($84.8M), Broadcasting Equipment ($11.1M), and Video Displays ($7.88M). During the last 5 years the exports of Slovakia to Estonia have increased at an annualized rate of 2.36%, from $160M in 2017 to $180M in 2022.

In 2017, Estonia exported $47.4M to Slovakia. The main products exported from Estonia to Slovakia were Sawn Wood ($3.56M), Inedible Fats and Oils ($2.87M), and Veneer Sheets ($2.74M). During the last 5 years the exports of Estonia to Slovakia have decreased at an annualized rate of 1.37%, from $50.8M in 2022 to $47.4M in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Estonia (Flag)

Slovakia Exports

Estonia Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Slovakia included Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

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

Comparative Advantage Slovakia - Estonia

Flow
Scale

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

During 2022, Slovakia had a large net trade with Estonia in the exports of Transportation ($89.8M), Machines ($43.7M), and Metals ($18.6M).

During 2017, Estonia had a large net trade with Slovakia in the exports of Wood Products ($10.6M), Machines ($6.29M), and Metals ($4.86M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Estonia+N/AN/A
Top Product Potential Estonia Slovakia+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Slovakia exported services to Estonia worth $5.48M, with Travel ($3.31M), Computer and information services ($1.03M), and Other business services ($685k) being the largest in terms of value.

In 2020, Estonia exported services to Slovakia worth $16.1M, with Other business services ($9.94M), Transportation ($3.2M), and Computer and information services ($1.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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