Trade Trend

In 2023, Slovakia's total export value is 117.30Billion USD, total import value is 113.61Billion USD, Surplus is 3.69Billion USD, and foreign trade dependency is 1.739. In 2023，Slovakia's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(33.13Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(6.96Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(4.86Billion USD), top export destinations are Germany(24.55Billion USD), Czech Republic(14.21Billion USD), Poland(8.67Billion USD). In 2023, Slovakia's top import products are Motor vehicles; parts and accessories, of heading no. 8701 to 8705(15.54Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(5.41Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(3.84Billion USD), top import origins are Germany(21.65Billion USD), Czech Republic(20.59Billion USD), Poland(9.46Billion USD).

Comparing to 2022, Slovakia's total export value increased 8.92Billion USD(8.23%) in 2023, this could result from its export increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(7.06Billion USD or 27.07%), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(1.56Billion USD or 28.81%), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(1.03Billion USD or 26.79%) and export increases to countries/economics such as Germany(1.87Billion USD or 8.26%), United States(1.61Billion USD or 44.22%), Czech Republic(1.07Billion USD or 8.16%). Comparing to 2022, Slovakia's total import value increased 1.14Billion USD(1.01%) in 2023, this could result from its import increases of products such as Motor vehicles; parts and accessories, of heading no. 8701 to 8705(2.97Billion USD or 23.65%), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(877.65Million USD or 29.61%), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(517.43Million USD or 10.57%), and its import increases from countries/economies such as Germany(1.71Billion USD or 8.56%), Czech Republic(1.12Billion USD or 5.75%), Italy(374.60Million USD or 9.62%).

Cumulated to first 7 months of 2024, Slovakia's total export value is 39.61Billion USD, total import value is 36.80Billion USD, and tradesurplus is 2.81Billion USD. Cumulated to first 7 months of 2024, Slovakia's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(9.34Billion USD), Commodities not specified according to kind(7.59Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(1.97Billion USD), and top export destinations are None(7.58Billion USD), Germany(6.26Billion USD), Czech Republic(3.39Billion USD). Cumulated to first 7 months of 2024, Slovakia's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(9.34Billion USD), Commodities not specified according to kind(7.59Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(1.97Billion USD), and top import origins areNone(7.41Billion USD), Germany(5.14Billion USD), Czech Republic(4.64Billion USD).