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Trade between Slovakia and Switzerland

In 2024, Slovakia exported $1.5 billion to Switzerland and imported $925 million. Slovakia ran a surplus of $600 million with Switzerland, compared with a surplus of $365 million in 2019. Switzerland was Slovakia’s 20th largest trading partner (1% of its trade), and Slovakia was Switzerland’s 48th (0.3%).

Summary

Slovakia → Switzerland
$1.5billion
Switzerland → Slovakia
$925million
Slovakia’s balance
$600million

Balance

Slovakia’s trade balance with Switzerland

Trade between Slovakia and Switzerland grew 8.9-fold since 1995

USD billions (current). Slovakia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.5
  • Imports 0.9
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$123 million$154 million-$31 million
1996$130 million$163 million-$33 million
1997$112 million$176 million-$64 million
1998$153 million$195 million-$42 million
1999$163 million$148 million$15 million
2000$210 million$155 million$55 million
2001$194 million$174 million$20 million
2002$189 million$206 million-$17 million
2003$246 million$248 million-$2 million
2004$253 million$267 million-$13 million
2005$280 million$292 million-$12 million
2006$358 million$352 million$6 million
2007$502 million$483 million$19 million
2008$415 million$513 million-$97 million
2009$359 million$436 million-$76 million
2010$496 million$456 million$40 million
2011$755 million$511 million$244 million
2012$943 million$449 million$494 million
2013$1.1 billion$570 million$487 million
2014$959 million$636 million$323 million
2015$852 million$551 million$301 million
2016$924 million$641 million$283 million
2017$966 million$583 million$383 million
2018$1.1 billion$593 million$532 million
2019$997 million$632 million$365 million
2020$1.1 billion$646 million$413 million
2021$1.2 billion$679 million$489 million
2022$1.1 billion$752 million$329 million
2023$1.4 billion$825 million$576 million
2024$1.5 billion$925 million$600 million

What they sell each other

What Slovakia sells to Switzerland

The top 10 headings in 2024, with their share of the total.

  1. Cars$442 million · 29%
    16 thousand tonnes · Slovakia’s destinations
  2. Cameras and broadcast equipment$196 million · 12.8%
    91 tonnes
  3. Monitors and projectors$93 million · 6.1%
    3 thousand tonnes · Slovakia’s destinations
  4. Plastic building fittings$52 million · 3.4%
    13 thousand tonnes
  5. New tires$46 million · 3%
    6 thousand tonnes · Slovakia’s destinations
  6. Computers$35 million · 2.3%
    28 tonnes · Switzerland’s sources
  7. Control panels$29 million · 1.9%
    255 tonnes
  8. Railway freight cars$28 million · 1.8%
    4 thousand tonnes
  9. Parts for cranes and excavators$22 million · 1.4%
    2 thousand tonnes
  10. Cables and wire$19 million · 1.2%
    863 tonnes · Slovakia’s destinations

What Switzerland sells to Slovakia

The top 10 headings in 2024, with their share of the total.

  1. Medicines in measured doses or retail packs$214 million · 23.1%
    655 tonnes · Switzerland’s destinations
  2. Vaccines, blood and antisera$148 million · 16%
    13 tonnes · Switzerland’s destinations
  3. Control panels$41 million · 4.4%
    453 tonnes
  4. Chocolate$25 million · 2.7%
    4 thousand tonnes
  5. Cocoa butter$23 million · 2.5%
    1 thousand tonnes
  6. Electric motors and generators$22 million · 2.4%
    321 tonnes
  7. Auto parts$22 million · 2.4%
    2 thousand tonnes · Slovakia’s sources
  8. Pet and animal feed$17 million · 1.9%
    2 thousand tonnes
  9. Transmission shafts, gears and gearboxes$17 million · 1.9%
    876 tonnes
  10. Parts for switchgear$16 million · 1.8%
    950 tonnes

How it travels

Slovakia and Switzerland traded $2.5 billion in 2024 (both directions together). They trade mostly by sea (57% of the value), but there is no estimated route for this pair.

Split by transport mode

  1. Sea$1.4 billion · 57.4%
  2. Air$1 billion · 42.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Switzerland was Slovakia’s 20th largest trading partner (1% of its trade), and Slovakia was Switzerland’s 48th (0.3%).

Switzerland in Slovakia’s trade
1.1%
Switzerland’s rank among Slovakia’s partners
20th
Slovakia in Switzerland’s trade
0.3%
Slovakia’s rank among Switzerland’s partners
48th

Compare with

Other partners of Slovakia

Other partners of Switzerland

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.