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2022
Flag → Flag
Exports $313MRnk 34 / 203
2022
Flag → Flag
Top Product $103MCars
2022
Flag → Flag
Exports $564MRnk 22 / 208
2022
Flag → Flag
Top Product $86.6MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Slovakia-Portugal Trade: In 2022, Slovakia exported $313M to Portugal. The main products that Slovakia exported to Portugal were Cars ($103M), Video Displays ($42.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.4M). Over the past 5 years the exports of Slovakia to Portugal have increased at an annualized rate of 2.01%, from $284M in 2017 to $313M in 2022.

In 2020, Slovakia exported services to Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

Portugal-Slovakia Trade: In 2022, Portugal exported $564M to Slovakia. The main products that Portugal exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($86.6M), Revolution Counters ($73.1M), and Radio Receivers ($67.5M). Over the past 5 years the exports of Portugal to Slovakia have increased at an annualized rate of 8.17%,  from $325M in 2017 to $564M in 2022.

In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $313M to Portugal. The main products exported from Slovakia to Portugal were Cars ($103M), Video Displays ($42.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.4M). During the last 5 years the exports of Slovakia to Portugal have increased at an annualized rate of 2.01%, from $284M in 2017 to $313M in 2022.

In 2017, Portugal exported $564M to Slovakia. The main products exported from Portugal to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($86.6M), Revolution Counters ($73.1M), and Radio Receivers ($67.5M). During the last 5 years the exports of Portugal to Slovakia have increased at an annualized rate of 8.17%, from $325M in 2022 to $564M in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Portugal (Flag)

Slovakia Exports

Portugal Exports

Market Competitiveness

Color
Slovakia
Top DestinationGermany$22.2B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Slovakia included Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

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

Comparative Advantage Slovakia - Portugal

Flow
Scale

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

During 2022, Slovakia had a large net trade with Portugal in the exports of Transportation ($133M), Machines ($89.3M), and Metals ($26.1M).

During 2017, Portugal had a large net trade with Slovakia in the exports of Transportation ($128M), Machines ($114M), and Plastics and Rubbers ($82.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Portugal+$71.8MCars
Top Product Potential Portugal Slovakia+$27.6MMotor vehicles; parts and accessories (8701 to 8705)

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 Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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