2023
Exports
$33.5BWorld Rnk 10 / 210
Flag Rnk 1 / 1200
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$3.72BWorld Rnk 43 / 225
Flag Rnk 3 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $33.5B in Cars, making it the 10th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Slovakia. The main destination of Cars exports from Slovakia are: Germany ($6.83B), United States ($4.42B), United Kingdom ($3.62B), France ($2.89B), and China ($2.07B).

The fastest growing export markets for Cars of Slovakia between 2022 and 2023 were United Kingdom ($1.01B), Germany ($405M), and Italy ($397M).

Imports In 2023, Slovakia imported $3.72B in Cars, becoming the 43rd largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Slovakia. Slovakia imports Cars primarily from: Czechia ($1.02B), Germany ($673M), South Korea ($243M), Spain ($222M), and Japan ($217M).

The fastest growing import markets in Cars for Slovakia between 2022 and 2023 were Czechia ($224M), China ($188M), and Germany ($85.5M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$33.5B
IMPORTS (2023)$3.72B
NET TRADE (2023)$29.8B

In 2023, Slovakia exported $33.5B in Cars. The main destinations of Slovakia exports on Cars were Germany ($6.83B), United States ($4.42B), United Kingdom ($3.62B), France ($2.89B), and China ($2.07B).

In 2023, Slovakia imported $3.72B in Cars, mainly from Czechia ($1.02B), Germany ($673M), South Korea ($243M), Spain ($222M), and Japan ($217M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
United Kingdom$1.01B (38.6%)
Germany$405M (6.3%)
Italy$397M (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Slovakia WERE (2022 - 2023):
South Korea-$360M (-71.7%)
United States-$42.9M (-0.96%)
Australia-$39.8M (-11.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Slovakia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.02B
TOP IMPORT POTENTIALGermany+ $204M

Cars’s highest export potential is United States. With an export gap of $1.02B.   Cars’s highest import potential is Germany with an import gap of $204M.

See methodology.

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