Slovakia (SVK) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Slovakia-Greece Trade: In 2022, Slovakia exported $333M to Greece. The main products that Slovakia exported to Greece were Cars ($104M), Video Displays ($54M), and Coated Flat-Rolled Iron ($17.1M). Over the past 5 years the exports of Slovakia to Greece have increased at an annualized rate of 7.37%, from $234M in 2017 to $333M in 2022.

In 2020, Slovakia exported services to Greece worth $15.5M, with Travel ($9.59M), Other business services ($2.51M), and Transportation ($1.94M) being the largest in terms of value.

Greece-Slovakia Trade: In 2022, Greece exported $228M to Slovakia. The main products that Greece exported to Slovakia were Aluminium Plating ($29.1M), Razor Blades ($26.8M), and Aluminium Oxide ($24.7M). Over the past 5 years the exports of Greece to Slovakia have increased at an annualized rate of 14.5%, from $116M in 2017 to $228M in 2022.

In 2020, Greece exported services to Slovakia worth $22.7M, with Other business services ($8M), Travel ($6.17M), and Transportation ($3.88M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $333M to Greece. The main products exported from Slovakia to Greece were Cars ($104M), Video Displays ($54M), and Coated Flat-Rolled Iron ($17.1M). During the last 5 years the exports of Slovakia to Greece have increased at an annualized rate of 7.37%, from $234M in 2017 to $333M in 2022.

In 2017, Greece exported $228M to Slovakia. The main products exported from Greece to Slovakia were Aluminium Plating ($29.1M), Razor Blades ($26.8M), and Aluminium Oxide ($24.7M). During the last 5 years the exports of Greece to Slovakia have increased at an annualized rate of 14.5%, from $116M in 2022 to $228M in 2017.

Exports from Slovakia () to Greece () (2022)

Exports from Greece () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Greece ()

Slovakia Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Greece
Top DestinationItaly$5.82B

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

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

In 2022, countries that imported more from Greece than Slovakia included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

Difference in imports from Greece () and Slovakia () (2022)

Comparative Advantage Slovakia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Greece in the exports of Machines ($116M), Transportation ($110M), and Metals ($24.4M).

During 2017, Greece had a large net trade with Slovakia in the exports of Metals ($84.1M), Chemical Products ($39.1M), and Plastics and Rubbers ($18.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Greece+$51.1MCars

Top Product Potential Greece Slovakia+$8.26MPackaged Medicaments

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

Grc Year

Svk Year

In 2020, Slovakia exported services to Greece worth $15.5M, with Travel ($9.59M), Other business services ($2.51M), and Transportation ($1.94M) being the largest in terms of value.

In 2020, Greece exported services to Slovakia worth $22.7M, with Other business services ($8M), Travel ($6.17M), and Transportation ($3.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia () to Greece () (2020)

Services Exports from Greece () to Slovakia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Greece () (2022)

Exports from Greece () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Greece ()

Slovakia Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Slovakia () (2022)

Comparative Advantage Slovakia - Greece

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Slovakia () to Greece () (2020)

Services Exports from Greece () to Slovakia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Greece () (2022)

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