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2022
Flag → Flag
Exports $4.23BRnk 9 / 203
2022
Flag → Flag
Top Product $2.7BCars
2022
Flag → Flag
Exports $700MRnk 93 / 219
2022
Flag → Flag
Top Product $68.4MCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Slovakia-United States Trade: In 2022, Slovakia exported $4.23B to United States. The main products that Slovakia exported to United States were Cars ($2.7B), Rubber Tires ($264M), and Transmissions ($80.4M). Over the past 5 years the exports of Slovakia to United States have increased at an annualized rate of 10.1%, from $2.61B in 2017 to $4.23B in 2022.

In 2020, Slovakia exported services to United States worth $481M, with Computer and information services ($198M), Communications services ($163M), and Other business services ($90M) being the largest in terms of value.

United States-Slovakia Trade: In 2022, United States exported $700M to Slovakia. The main products that United States exported to Slovakia were Coal Briquettes ($68.4M), Cars ($61M), and Iron Ore ($42.1M). Over the past 5 years the exports of United States to Slovakia have increased at an annualized rate of 0.5%,  from $683M in 2017 to $700M in 2022.

In 2017, United States exported services to Slovakia worth $329M, with Travel ($151M), Royalties and license fees ($52M), and Financial services ($40M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $4.23B to United States. The main products exported from Slovakia to United States were Cars ($2.7B), Rubber Tires ($264M), and Transmissions ($80.4M). During the last 5 years the exports of Slovakia to United States have increased at an annualized rate of 10.1%, from $2.61B in 2017 to $4.23B in 2022.

In 2017, United States exported $700M to Slovakia. The main products exported from United States to Slovakia were Coal Briquettes ($68.4M), Cars ($61M), and Iron Ore ($42.1M). During the last 5 years the exports of United States to Slovakia have increased at an annualized rate of 0.5%, from $683M in 2022 to $700M in 2017.

Exports from Slovakia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Slovakia (Flag) (2022)

Latest Data

Trade between Slovakia (Flag) and United States (Flag)

Slovakia Exports

United States Exports

Market Competitiveness

Color
Slovakia
Top DestinationGermany$22.2B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Slovakia than United States included Czechia ($12.6B), Hungary ($9.79B), and Romania ($2.68B).

In 2022, countries that imported more from United States than Slovakia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Slovakia (Flag) (2022)

Comparative Advantage Slovakia - United States

Flow
Scale

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

During 2022, Slovakia had a large net trade with United States in the exports of Transportation ($2.77B), Machines ($790M), and Plastics and Rubbers ($302M).

During 2017, United States had a large net trade with Slovakia in the exports of Machines ($186M), Mineral Products ($128M), and Chemical Products ($89.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia United States+$1.02BCars
Top Product Potential United States Slovakia+$71.3MCars

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 United States. This means that a dot/product with the flag of Slovakia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Slovakia.

Product Space of Slovakia (Flag) and United States (Flag) (2022)

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