2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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 GDP
$467BCURRENT US$
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2012-2022
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GDP GROWTH
58.2%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
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2022
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GDP PC
$82,808CURRENT US$
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2012-2022
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GDP PC GROWTH
49.1%CURRENT US$
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About

Slovakia-Singapore In 2022, Slovakia exported $52.2M to Singapore. The main products that Slovakia exported to Singapore are Cars ($6.1M), Cleaning Products ($4.02M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.87M). During the last 27 years the exports of Slovakia to Singapore have increased at an annualized rate of 6.28%, from $10.1M in 1995 to $52.2M in 2022.

In 2020, Slovakia exported services to Singapore worth $72.8M, with Other business services ($38.5M), Computer and information services ($30.8M), and Communications services ($2.4M) being the largest in terms of value.

Singapore-Slovakia In 2022, Singapore exported $79.1M to Slovakia. The main products that Singapore exported to Slovakia were Broadcasting Accessories ($16.2M), Navigation Equipment ($13.8M), and Synthetic Rubber ($10.1M). During the last 27 years the exports of Singapore to Slovakia have increased at an annualized rate of 8.78%, from $8.15M in 1995 to $79.1M in 2022.

In 2022, Singapore did not export any services to Slovakia.

Comparison In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $52.2M to Singapore. The main products exported from Slovakia to Singapore were Cars ($6.1M), Cleaning Products ($4.02M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.87M). During the last 27 years the exports of Slovakia to Singapore have increased at an annualized rate of 6.28%, from $10.1M in 1995 to $52.2M in 2022.

In 2022, Singapore exported $79.1M to Slovakia. The main products exported from Singapore to Slovakia were Broadcasting Accessories ($16.2M), Navigation Equipment ($13.8M), and Synthetic Rubber ($10.1M). During the last 27 years the exports of Singapore to Slovakia have increased at an annualized rate of 8.78%, from $8.15M in 1995 to $79.1M in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Singapore (Flag)

Slovakia Exports

Singapore Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Slovakia than Singapore were Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

In 2021, countries that imported more from Singapore than Slovakia were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Slovakia - Singapore

Flow
Scale

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

During 2022, Slovakia had a large net trade with Singapore in the exports of Machines ($21.4M), Transportation ($10.1M), and Chemical Products ($7.34M).

During 2022, Singapore had a large net trade with Slovakia in the exports of Machines ($53.9M), Plastics and Rubbers ($10.8M), and Chemical Products ($8.59M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Singapore worth $72.8M, with Other business services ($38.5M), Computer and information services ($30.8M), and Communications services ($2.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia (Flag) to Singapore (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 Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Slovakia.

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

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