Tomáš Hart, Economic Section Ministry of Industry and TradeCelje, September 17, 2012

Slovenia and Czech Republic - similarities, trade and business and where we are right

now

Slovenia by Google Trends

Czech Republic by Google Trends

I

II

III

IV

V

VI

VII

VIII

IX

X

XI

XII

0

100

200CZ - 39

SI - 56

Competitivness – World Economic Forum

Konkurenceschopnost

World Economic Forum - Competitivness

Basic index (I-IV)Effectivity index (V-VIII)

Innovative index (XI-XII) WCI Ranking

Slovenia 5,50 4,25 4,02 4,34 56

Czech Republic 4,89 4,59 4,13 4,51 39

Germany 5,86 5,27 5,57 5,48 6

C

CZ SI31 – Technological readiness34 – Innovation35 – Business sophistication

128 – Financial market91 – Labor market78 – Market size

82 – Institutions75 – Labor market57 – Financial market

23– Higher education and training24 – Health and primary education32 – Innovation

HIGH 3 & LOW 3

CountryR&D spending as % of

GDPHi-Tech share of

export

Czech Republic 1,53 15,30

Slovenia 1,86 5,49

Germany 2,82 15,25

R&D - % of GDP, export

Import Export Bilaterální import Čistý export

2003 14 703 127 336 13 550 923 719 391 089 343 -1 152 203 617

2004 18 164 704 564 16 416 745 140 432 932 727 -1 747 959 424

2005 19 626 300 329 17 896 024 210 428 154 239 -1 730 276 119

2006 22 294 258 874 20 327 003 402 428 497 558 -1 967 255 472

2007 26 427 507 104 24 089 695 972 582 601 743 -2 337 811 132

2008 29 351 408 953 25 557 704 666 672 862 423 -3 793 704 287

2009 21 706 201 597 20 294 911 704 492 479 760 -1 411 289 893

2010 23 609 473 135 21 663 752 802 567 195 489 -1 945 720 333

2011 27 744 261 223 25 664 590 839 696 227 469 -2 079 670 384

ComTrade, USD

Slovenia‘s foreign trade - figures

• Slovenia is a net importer

• Economic crisis in 2009 - decline

• However, 2011 almost equaled 2008

Zahraniční obchod2003 2004 2005 2006 2007 2008 2009 2010 20110

5,000,000,000

10,000,000,000

15,000,000,000

20,000,000,000

25,000,000,000

30,000,000,000

35,000,000,000

ImportExport

Foreign trade – resources, agri and goods – share on FT

Import Export Slovenian import from CZ

Agro prod./foods

Resources

Other goods

Agro prod./foods

Resources

Other goods

Agro prod.

Resources

Other goods

2003 9,95% 16,85% 73,20% 7,68% 8,79% 83,53% 8,12% 29,94% 61,94%

2004 9,97% 18,86% 71,17% 6,49% 10,08% 83,43% 7,09% 34,08% 58,84%

2005 10,18% 21,31% 68,51% 6,39% 11,03% 82,58% 7,04% 29,69% 63,27%

2006 9,51% 23,23% 67,27% 6,35% 12,95% 80,71% 8,02% 22,09% 69,89%

2007 9,65% 22,93% 67,42% 6,39% 12,58% 81,03% 7,40% 18,26% 74,34%

2008 9,65% 25,01% 65,35% 6,70% 12,74% 80,57% 7,00% 19,44% 73,56%

2009 11,91% 19,79% 68,30% 7,51% 10,00% 82,48% 12,43% 11,67% 75,91%

2010 10,83% 23,75% 65,42% 7,12% 13,09% 79,79% 14,53% 13,58% 71,89%

2011 10,69% 26,91% 62,40% 7,04% 16,09% 76,87% 11,52% 18,27% 70,21%

Comtrade, vlastní výpočty

Code Name Share CA TCA Export 2011 USD Progress LFI 2003 - 2010

870322 Vehicles, with spark-ignition internal combustion: 1,000 cc - 1,500 cc4,73% 4,73% 1 205 129 094

300490 Other Medicaments (Put up in Packings for Retail Sale) 4,85% 9,58% 1 671 331 299

851220 Other Electrical Lighting or Visual Signalling Equipment 0,95% 10,53% 435 393 468

870331 Vehicles (diesel) of a cylinder capacity not exceeding 1,500 cc4,86% 15,39% 328 649 200

721921 Flat-rolled products of stainless steel, hot-rolled, > 10 mm1,00% 16,39% 303 620 248

850300 Parts, of Motors, of Generators, of Generating Sets, of Rotary Converters2,01% 18,40% 316 629 766

851660 Ovens; Cookers, Cooking Plates, Boiling Rings, Grillers, Roasters2,48% 20,88% 207 944 727

841430 Compressors of a Kind Used in Refrigerating Equipment 1,17% 22,05% 134 309 402

940190 Parts of Seats Other than Dentists' 6,71% 28,76% 353 701 936

843149 Parts of Derricks, Cranes, Graders, Levellers, Scrapers or Pile-drivers1,31% 30,06% 248 561 991

Competitive advantages

Code Name Export 2011 USD LFI 2003 - 2010

271019 Oil, not crude, from petrol &bitum minerals 2 425 807 825

271011 Light oils, from petrol and bitumen 656 408 987

271121 Natural gas 437 741 185

760110 Aluminium, not alloyed 149 232 734

840734 Reciprocating piston engines, > 1.000 cc 157 722 888

870421 Spark ignition piston engines > 1.000 cc 216 431 010

720421 Waste and scrap of stainless steel 157 170 957

854411 Winding wire of copper 113 268 651

852812 Color TV 99 467 695

721030 Zinc coated flat-roll products 89 909 997

Competitive dis-advantages