Slovakia / India

Slovakia-India Trade: In 2022, Slovakia exported $159M to India. The main products that Slovakia exported to India were Cars ($30.7M), Rubberworking Machinery ($11.3M), and Ball Bearings ($7.53M). Over the past 5 years the exports of Slovakia to India have increased at an annualized rate of 16.3%, from $74.8M in 2017 to $159M in 2022.

In 2020, Slovakia exported services to India worth $8.11M, with Travel ($2.51M), Other business services ($2.51M), and Computer and information services ($1.94M) being the largest in terms of value.

India-Slovakia Trade: In 2022, India exported $410M to Slovakia. The main products that India exported to Slovakia were Iron Ore ($76.8M), Motor vehicles; parts and accessories (8701 to 8705) ($31M), and Footwear Parts ($25.4M). Over the past 5 years the exports of India to Slovakia have increased at an annualized rate of 12.3%,  from $230M in 2017 to $410M in 2022.

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

Comparison: In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).