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2023
Flag → Flag
Exports $649MRnk 23 / 197
2023
Flag → Flag
Top Product $525MCars
2023
Flag → Flag
Exports $26.9MRnk 104 / 182
2023
Flag → Flag
Top Product $17.1MUnsaturated Acyclic Monocarboxylic Acids
2023
Flag
Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$133BCURRENT US$
Rnk 61 / 195
2013-2023
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GDP GROWTH34.1%CURRENT US$
Rnk 104 / 195
2023
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 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC $24,491CURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP PC GROWTH33.7%CURRENT US$
Rnk 71 / 195
2023
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GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Slovakia-Saudi Arabia Trade: In 2023, Slovakia exported $649M to Saudi Arabia. The main products that Slovakia exported to Saudi Arabia were Cars ($525M), Fairground Amusements ($30.8M), and Lifting Machinery ($10M). Over the past 5 years the exports of Slovakia to Saudi Arabia have increased at an annualized rate of 26.5%, from $200M in 2018 to $649M in 2023.

In 2023, Slovakia did not export any services to Saudi Arabia.

Saudi Arabia-Slovakia Trade: In 2023, Saudi Arabia exported $26.9M to Slovakia. The main products that Saudi Arabia exported to Slovakia were Unsaturated Acyclic Monocarboxylic Acids ($17.1M), Propylene Polymers ($2.29M), and Ethylene Polymers ($1.82M). Over the past 5 years the exports of Saudi Arabia to Slovakia have increased at an annualized rate of 17.7%,  from $11.9M in 2018 to $26.9M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovakia exported $649M to Saudi Arabia. The main products exported from Slovakia to Saudi Arabia were Cars ($525M), Fairground Amusements ($30.8M), and Lifting Machinery ($10M). During the last 5 years the exports of Slovakia to Saudi Arabia have increased at an annualized rate of 26.5%, from $200M in 2018 to $649M in 2023.

In 2018, Saudi Arabia exported $26.9M to Slovakia. The main products exported from Saudi Arabia to Slovakia were Unsaturated Acyclic Monocarboxylic Acids ($17.1M), Propylene Polymers ($2.29M), and Ethylene Polymers ($1.82M). During the last 5 years the exports of Saudi Arabia to Slovakia have increased at an annualized rate of 17.7%, from $11.9M in 2023 to $26.9M in 2018.

Exports from Slovakia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Slovakia (Flag) (2023)

Latest Data

Trade between Slovakia (Flag) and Saudi Arabia (Flag)

Slovakia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Slovakia
Top DestinationGermany$21.5B
Saudi Arabia
Top DestinationChina$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Slovakia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Slovakia (Flag) (2023)

Comparative Advantage Slovakia - Saudi Arabia

Flow
Scale

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

During 2023, Slovakia had a large net trade with Saudi Arabia in the exports of Transportation ($527M), Machines ($44.9M), and Miscellaneous ($39.8M).

During 2018, Saudi Arabia had a large net trade with Slovakia in the exports of Chemical Products ($19.3M), Plastics and Rubbers ($5.75M), and Metals ($1.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Saudi Arabia+$132MCars
Top Product Potential Saudi Arabia Slovakia+$5.17MPropylene Polymers

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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Economic Complexity

Competitive Landscape

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

Product Space of Slovakia (Flag) and Saudi Arabia (Flag) (2023)

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