2022
Flag  
GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186

About

Slovakia-Romania In 2022, Slovakia exported $2.68B to Romania. The main products that Slovakia exported to Romania are Broadcasting Equipment ($441M), Video Displays ($164M), and Cars ($130M). During the last 27 years the exports of Slovakia to Romania have increased at an annualized rate of 15.5%, from $54.8M in 1995 to $2.68B in 2022.

In 2020, Slovakia exported services to Romania worth $85.3M, with Transportation ($34.8M), Travel ($12.6M), and Other business services ($11M) being the largest in terms of value.

Romania-Slovakia In 2022, Romania exported $1.9B to Slovakia. The main products that Romania exported to Slovakia were Insulated Wire ($278M), Motor vehicles; parts and accessories (8701 to 8705) ($229M), and Seats ($176M). During the last 27 years the exports of Romania to Slovakia have increased at an annualized rate of 18.9%, from $17.6M in 1995 to $1.9B in 2022.

In 2020, Romania exported services to Slovakia worth $157M, with Transportation ($95.6M), Other business services ($32.8M), and Communications services ($8.57M) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $2.68B to Romania. The main products exported from Slovakia to Romania were Broadcasting Equipment ($441M), Video Displays ($164M), and Cars ($130M). During the last 27 years the exports of Slovakia to Romania have increased at an annualized rate of 15.5%, from $54.8M in 1995 to $2.68B in 2022.

In 2022, Romania exported $1.9B to Slovakia. The main products exported from Romania to Slovakia were Insulated Wire ($278M), Motor vehicles; parts and accessories (8701 to 8705) ($229M), and Seats ($176M). During the last 27 years the exports of Romania to Slovakia have increased at an annualized rate of 18.9%, from $17.6M in 1995 to $1.9B in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Romania (Flag)

Slovakia Exports

Romania Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Slovakia than Romania were Czechia ($12.6B), Poland ($8.05B), and Austria ($5.81B).

In 2021, countries that imported more from Romania than Slovakia were Italy ($9.55B), Bulgaria ($3.9B), and Turkey ($3.16B).

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

Comparative Advantage Slovakia - Romania

Flow
Scale

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

During 2022, Slovakia had a large net trade with Romania in the exports of Machines ($1.19B), Metals ($381M), and Transportation ($270M).

During 2022, Romania had a large net trade with Slovakia in the exports of Machines ($741M), Metals ($297M), and Transportation ($280M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Romania worth $85.3M, with Transportation ($34.8M), Travel ($12.6M), and Other business services ($11M) being the largest in terms of value.

In 2020, Romania exported services to Slovakia worth $157M, with Transportation ($95.6M), Other business services ($32.8M), and Communications services ($8.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Slovakia has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Slovakia.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with