2023
Flag  
GDP
$133BCURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP GROWTH
34.1%CURRENT US$
Rnk 104 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 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
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Slovakia-Palestine Trade: In 2023, Slovakia exported $13.5M to Palestine. The main products that Slovakia exported to Palestine were Cars ($12.4M), Utility Meters ($467k), and Confectionery Sugar ($402k). Over the past 5 years the exports of Slovakia to Palestine have increased at an annualized rate of 6.71%, from $9.74M in 2018 to $13.5M in 2023.

In 2023, Slovakia did not export any services to Palestine.

Palestine-Slovakia Trade: In 2023, Palestine exported $8.05k to Slovakia. The main products that Palestine exported to Slovakia were Non-woven Textiles ($7.2k), Other Cloth Articles ($690), and Pure Olive Oil ($160). Over the past 5 years the exports of Palestine to Slovakia have decreased at an annualized rate of 32.2%,  from $56.2k in 2018 to $8.05k in 2023.

In 2023, Palestine did not export any services to Slovakia.

Comparison In 2023,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35),  and 39 in total exports ($107B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovakia exported $13.5M to Palestine. The main products exported from Slovakia to Palestine were Cars ($12.4M), Utility Meters ($467k), and Confectionery Sugar ($402k). During the last 5 years the exports of Slovakia to Palestine have increased at an annualized rate of 6.71%, from $9.74M in 2018 to $13.5M in 2023.

In 2018, Palestine exported $8.05k to Slovakia. The main products exported from Palestine to Slovakia were Non-woven Textiles ($7.2k), Other Cloth Articles ($690), and Pure Olive Oil ($160). During the last 5 years the exports of Palestine to Slovakia have decreased at an annualized rate of 32.2%, from $56.2k in 2023 to $8.05k in 2018.

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

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

Latest Data

Trade between Slovakia (Flag) and Palestine (Flag)

Slovakia Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$21.5B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Slovakia than Palestine included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

In 2023, countries that imported more from Palestine than Slovakia included Jordan ($96.6M).

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

Comparative Advantage Slovakia - Palestine

Flow
Scale

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

During 2023, Slovakia had a large net trade with Palestine in the exports of Transportation ($12.4M), Instruments ($467k), and Foodstuffs ($402k).

During 2018, Palestine had a large net trade with Slovakia in the exports of Textiles ($7.89k), Animal and Vegetable Bi-Products ($160), and Plastics and Rubbers ($4).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with