Slovak Republic: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Key figures

What the numbers say

In 2023, Slovak Republic's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 0.02 percentage points on 2022 (from 0.17% to 0.19%).

Across the 29 yearly changes before that (1994 to 2022), the average change was −0.01 percentage points and a typical year strayed about 0.17 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.62 percentage points in 1994 and the biggest yearly fall was 0.37 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 0.00689 percentage points a year. A straight line explains 66% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Slovak Republic had the 161st highest value of the 197 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Slovak Republic in the 2023 ranking

• Congo, Dem. Rep. — 158th of 197: 0.22%
• Antigua and Barbuda — 159th of 197: 0.2%
• Cuba — 160th of 197: 0.2%
• Croatia — 162nd of 197: 0.17%
• St. Kitts and Nevis — 163rd of 197: 0.17%
• Eritrea — 164th of 197: 0.16%

What this measures

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 31 values

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in nearby economies

• Albania — 0.14% (2023)
• Armenia — 0.41% (2023)
• Austria — 0.72% (2023)
• Azerbaijan — 3.67% (2023)
• Belarus — 0.48% (2023)
• Belgium — 1.12% (2023)
• Bosnia and Herzegovina — 0.14% (2023)

More private sector & trade data for Slovak Republic

• Merchandise trade (% of GDP) — 160.52% (2025)
• Merchandise imports (current US$) — US$122.6 billion (2025)
• Commercial service imports (current US$) — US$14.32 billion (2025)
• Merchandise exports (current US$) — US$125.44 billion (2025)
• Commercial service exports (current US$) — US$14.64 billion (2025)
• Agricultural raw materials imports (% of merchandise imports) — 0.93% (2025)
• Food imports (% of merchandise imports) — 7.24% (2025)
• Fuel imports (% of merchandise imports) — 7.26% (2025)
• Manufactures imports (% of merchandise imports) — 81.79% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Slovak Republic's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?

0.19% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is down 0.14 percentage points from 0.33% in 1993. The highest value was 0.95% in 1994 and the lowest 0.11% in 2014.

How does Slovak Republic rank?

161st highest of 197 economies with data for 2023.

Is the latest change in merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) unusual for Slovak Republic?

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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