2023
Flag  
GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$24,491CURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP PC GROWTH
33.7%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Slovakia-Netherlands Trade: In 2023, Slovakia exported $2.01B to Netherlands. The main products that Slovakia exported to Netherlands were Cars ($538M), Video Displays ($150M), and Electrical Transformers ($66.5M). Over the past 5 years the exports of Slovakia to Netherlands have increased at an annualized rate of 0.088%, from $2B in 2018 to $2.01B in 2023.

In 2020, Slovakia exported services to Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

Netherlands-Slovakia Trade: In 2023, Netherlands exported $1.8B to Slovakia. The main products that Netherlands exported to Slovakia were Tractors ($115M), Motor vehicles; parts and accessories (8701 to 8705) ($99.6M), and Low-voltage Protection Equipment ($51.1M). Over the past 5 years the exports of Netherlands to Slovakia have increased at an annualized rate of 4.32%,  from $1.46B in 2018 to $1.8B in 2023.

In 2020, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

Comparison: In 2023,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovakia exported $2.01B to Netherlands. The main products exported from Slovakia to Netherlands were Cars ($538M), Video Displays ($150M), and Electrical Transformers ($66.5M). During the last 5 years the exports of Slovakia to Netherlands have increased at an annualized rate of 0.088%, from $2B in 2018 to $2.01B in 2023.

In 2018, Netherlands exported $1.8B to Slovakia. The main products exported from Netherlands to Slovakia were Tractors ($115M), Motor vehicles; parts and accessories (8701 to 8705) ($99.6M), and Low-voltage Protection Equipment ($51.1M). During the last 5 years the exports of Netherlands to Slovakia have increased at an annualized rate of 4.32%, from $1.46B in 2023 to $1.8B in 2018.

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

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

Latest Data

Trade between Slovakia (Flag) and Netherlands (Flag)

Slovakia Exports

Netherlands Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$21.5B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Slovakia than Netherlands included Czechia ($11.1B), Ukraine ($2.34B), and Hungary ($7.34B).

In 2023, countries that imported more from Netherlands than Slovakia included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

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

Comparative Advantage Slovakia - Netherlands

Flow
Scale

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

During 2023, Slovakia had a large net trade with Netherlands in the exports of Machines ($750M), Transportation ($624M), and Metals ($104M).

During 2018, Netherlands had a large net trade with Slovakia in the exports of Machines ($408M), Transportation ($270M), and Chemical Products ($226M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Netherlands+$226MCars
Top Product Potential Netherlands Slovakia+$53.2MTelephones

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 Netherlands worth $575M, with Other business services ($272M), Transportation ($116M), and Communications services ($95.4M) being the largest in terms of value.

In 2020, Netherlands exported services to Slovakia worth $339M, with Other business services ($102M), Transportation ($95.7M), and Royalties and license fees ($47.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Slovakia indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Slovakia.

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

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