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
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%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
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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About

Slovakia-Belgium In 2022, Slovakia exported $1.53B to Belgium. The main products that Slovakia exported to Belgium are Cars ($410M), Rubber Tires ($88.3M), and Motor vehicles; parts and accessories (8701 to 8705) ($72.3M). During the last 23 years the exports of Slovakia to Belgium have increased at an annualized rate of 9.02%, from $210M in 1999 to $1.53B in 2022.

In 2020, Slovakia exported services to Belgium worth $249M, with Transportation ($118M), Other business services ($89.5M), and Construction services ($14.3M) being the largest in terms of value.

Belgium-Slovakia In 2022, Belgium exported $1.3B to Slovakia. The main products that Belgium exported to Slovakia were Cars ($170M), Vaccines, blood, antisera, toxins and cultures ($97.3M), and Packaged Medicaments ($83M). During the last 23 years the exports of Belgium to Slovakia have increased at an annualized rate of 8.29%, from $208M in 1999 to $1.3B in 2022.

In 2020, Belgium exported services to Slovakia worth $291M, with Other business services ($120M), Computer and information services ($61.7M), and Transportation ($38.8M) 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovakia exported $1.53B to Belgium. The main products exported from Slovakia to Belgium were Cars ($410M), Rubber Tires ($88.3M), and Motor vehicles; parts and accessories (8701 to 8705) ($72.3M). During the last 23 years the exports of Slovakia to Belgium have increased at an annualized rate of 9.02%, from $210M in 1999 to $1.53B in 2022.

In 2022, Belgium exported $1.3B to Slovakia. The main products exported from Belgium to Slovakia were Cars ($170M), Vaccines, blood, antisera, toxins and cultures ($97.3M), and Packaged Medicaments ($83M). During the last 23 years the exports of Belgium to Slovakia have increased at an annualized rate of 8.29%, from $208M in 1999 to $1.3B in 2022.

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

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

Latest Data

Trade between Slovakia (Flag) and Belgium (Flag)

Slovakia Exports

Belgium Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Belgium
Top Destination
Germany$91.9B

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

In 2021, countries that imported more from Slovakia than Belgium were Czechia ($12.6B), Hungary ($9.79B), and Austria ($5.81B).

In 2021, countries that imported more from Belgium than Slovakia were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Slovakia - Belgium

Flow
Scale

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

During 2022, Slovakia had a large net trade with Belgium in the exports of Transportation ($550M), Machines ($442M), and Metals ($181M).

During 2022, Belgium had a large net trade with Slovakia in the exports of Transportation ($281M), Chemical Products ($269M), and Machines ($210M).

Service Trade

Bilateral Service Trade

In 2020, Slovakia exported services to Belgium worth $249M, with Transportation ($118M), Other business services ($89.5M), and Construction services ($14.3M) being the largest in terms of value.

In 2020, Belgium exported services to Slovakia worth $291M, with Other business services ($120M), Computer and information services ($61.7M), and Transportation ($38.8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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