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
$471BCURRENT US$
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2012-2022
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GDP GROWTH
15.1%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH
21.5%CURRENT US$
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2022
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GDP PC
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
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About

Slovakia-Austria In 2022, Slovakia exported $5.81B to Austria. The main products that Slovakia exported to Austria are Cars ($467M), Refined Petroleum ($321M), and Raw Copper ($258M). During the last 27 years the exports of Slovakia to Austria have increased at an annualized rate of 9.72%, from $475M in 1995 to $5.81B in 2022.

In 2020, Slovakia exported services to Austria worth $656M, with Transportation ($364M), Other business services ($104M), and Computer and information services ($93.1M) being the largest in terms of value.

Austria-Slovakia In 2022, Austria exported $7.4B to Slovakia. The main products that Austria exported to Slovakia were Broadcasting Equipment ($2.9B), Computers ($315M), and Motor vehicles; parts and accessories (8701 to 8705) ($313M). During the last 27 years the exports of Austria to Slovakia have increased at an annualized rate of 10%, from $564M in 1995 to $7.4B in 2022.

In 2020, Austria exported services to Slovakia worth $891M, with Transportation ($264M), Travel ($232M), and Other business services ($200M) being the largest in terms of value.

Comparison In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.3), and 41 in total exports ($110B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $5.81B to Austria. The main products exported from Slovakia to Austria were Cars ($467M), Refined Petroleum ($321M), and Raw Copper ($258M). During the last 27 years the exports of Slovakia to Austria have increased at an annualized rate of 9.72%, from $475M in 1995 to $5.81B in 2022.

In 2022, Austria exported $7.4B to Slovakia. The main products exported from Austria to Slovakia were Broadcasting Equipment ($2.9B), Computers ($315M), and Motor vehicles; parts and accessories (8701 to 8705) ($313M). During the last 27 years the exports of Austria to Slovakia have increased at an annualized rate of 10%, from $564M in 1995 to $7.4B in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Austria (Flag)

Slovakia Exports

Austria Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Austria
Top Destination
Germany$57.7B

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

In 2021, countries that imported more from Slovakia than Austria were Czechia ($12.6B), Ukraine ($1.55B), and Poland ($8.05B).

In 2021, countries that imported more from Austria than Slovakia were Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

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

Comparative Advantage Slovakia - Austria

Flow
Scale

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

During 2022, Slovakia had a large net trade with Austria in the exports of Metals ($1.23B), Machines ($1.19B), and Transportation ($741M).

During 2022, Austria had a large net trade with Slovakia in the exports of Machines ($4.32B), Metals ($673M), and Transportation ($636M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Austria worth $656M, with Transportation ($364M), Other business services ($104M), and Computer and information services ($93.1M) being the largest in terms of value.

In 2020, Austria exported services to Slovakia worth $891M, with Transportation ($264M), Travel ($232M), and Other business services ($200M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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