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2022
Flag → Flag
Exports $803MRnk 63 / 219
2022
Flag → Flag
Top Product $41.1MAluminium Plating
2022
Flag → Flag
Exports $1.05BRnk 19 / 203
2022
Flag → Flag
Top Product $176MCars
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

About

Turkey-Slovakia Trade: In 2022, Turkey exported $803M to Slovakia. The main products that Turkey exported to Slovakia were Aluminium Plating ($41.1M), Cars ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($31.4M). Over the past 5 years the exports of Turkey to Slovakia have increased at an annualized rate of 11.8%, from $459M in 2017 to $803M in 2022.

In 2009, Turkey exported services to Slovakia worth $0, with being the largest in terms of value.

Slovakia-Turkey Trade: In 2022, Slovakia exported $1.05B to Turkey. The main products that Slovakia exported to Turkey were Cars ($176M), Rubber Tires ($115M), and Central Heating Boilers ($64.9M). Over the past 5 years the exports of Slovakia to Turkey have increased at an annualized rate of 3.05%,  from $903M in 2017 to $1.05B in 2022.

In 2020, Slovakia exported services to Turkey worth $41.9M, with Transportation ($27.3M), Computer and information services ($10.5M), and Other business services ($3.08M) being the largest in terms of value.

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $803M to Slovakia. The main products exported from Turkey to Slovakia were Aluminium Plating ($41.1M), Cars ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($31.4M). During the last 5 years the exports of Turkey to Slovakia have increased at an annualized rate of 11.8%, from $459M in 2017 to $803M in 2022.

In 2017, Slovakia exported $1.05B to Turkey. The main products exported from Slovakia to Turkey were Cars ($176M), Rubber Tires ($115M), and Central Heating Boilers ($64.9M). During the last 5 years the exports of Slovakia to Turkey have increased at an annualized rate of 3.05%, from $903M in 2022 to $1.05B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Slovakia (Flag)

Turkey Exports

Slovakia Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Turkey than Slovakia included Iraq ($13.7B), United States ($17.1B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Slovakia than Turkey included Czechia ($12.6B), Hungary ($9.79B), and Austria ($5.81B).

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

Comparative Advantage Turkey - Slovakia

Flow
Scale

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

During 2022, Turkey had a large net trade with Slovakia in the exports of Metals ($213M), Textiles ($150M), and Machines ($114M).

During 2017, Slovakia had a large net trade with Turkey in the exports of Machines ($347M), Transportation ($252M), and Plastics and Rubbers ($155M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Slovakia+$42.7MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia Turkey+N/AN/A

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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Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Slovakia worth $0, with being the largest in terms of value.

In 2020, Slovakia exported services to Turkey worth $41.9M, with Transportation ($27.3M), Computer and information services ($10.5M), and Other business services ($3.08M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Slovakia (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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