Import and export of Slovak commodities
Did you know that main import partners of Slovakia are Germany, China and Russia?
During last
decades the Slovak import and export of certain commodities have territorially changed.
In
2019 Slovakia was ranked as 60 economy in the world in terms of GDP.
Slovakia has the number 38 in total exports, the number 48 economy in terms of
GDP per capita and the number 15 most complex economy according to the Economic
Complexity Index (ECI).
Many data models have shown that Slovakia has many advantages for business in agricultural trade and food processing sectors. Our team of consultants will explain you how Slovak entrepreneurs can benefit from the liberalization of the agro-food trade connected with the enlargement of the European Union.
Export of Slovak commodities
The top exports of Slovakia are Cars ($23.8B), Vehicle Parts ($5.22B), Video Displays ($4.56B), Broadcasting Equipment ($3.5B), and Rubber Tires ($1.73B).
Slovakia is country which exports commodities mainly to countries such as Germany ($19.7B), The Czech Republic ($9.47B), Poland ($6.41B), France ($6.23B), and Hungary ($5.6B).
Import of Slovak commodities
The top imports of Slovakia are Vehicle Parts ($9.02B), Cars ($3.31B), Broadcasting Equipment ($2.32B), Crude Petroleum ($2.24B), and Petroleum Gas ($1.82B).
Slovakia is country which imports commodities mainly from countries such as Germany ($15.2B), The Czech Republic ($14.7B), Poland ($6.61B), Hungary ($5.88B), and Russia ($4.53B).
The top Slovak import commodities are: machinery and transport equipment, intermediate manufactured goods, fuels and chemicals.
Total annual exports of $92.4 billion locate Slovakia the
world’s 39th largest product exporter. Top annual imports of $87.2
billion put Slovakia in 41st place.
During the last two decades, Slovak economy has become more complex.
According to data from commodity.com Slovakia´s five top commodity exports are the following:
Commodity | Amount (Annual) |
Iron and steel | $4.3 billion |
Oil and Mineral Fuels | $3.6 billion |
Rubber | $2.7 billion |
Aluminium | $1.5 billion |
Wood | $1.1 billion |
Source: Available on the Internet: https://commodity.com/data/slovakia/
If you need to be oriented in the foreign trade statistics for a relevant month, our professionals are here for you and tell you how to analyse the data after the end of reference month on the Internet website of the Statistical Office of the Slovak Republic.