2022
Exports
$26.9BWorld Rnk 10 / 210
Flag Rnk 1 / 1203
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$3.29BWorld Rnk 40 / 224
Flag Rnk 4 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $26.9B 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 ($6.73B), France ($2.8B), United States ($2.7B), China ($2.34B), and United Kingdom ($2.22B).

The fastest growing export markets for Cars of Slovakia between 2021 and 2022 were United Kingdom ($323M), United States ($269M), and China ($161M).

Imports In 2022, Slovakia imported $3.29B in Cars, becoming the 40th largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Slovakia. Slovakia imports Cars primarily from: Czechia ($889M), Germany ($829M), Spain ($224M), Hungary ($207M), and Austria ($202M).

The fastest growing import markets in Cars for Slovakia between 2021 and 2022 were Czechia ($117M), Hungary ($54.2M), and South Korea ($27.2M).

Latest Trends

Oct 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 (2022)$26.9B
IMPORTS (2022)$3.29B
NET TRADE (2022)$23.6B

In 2022, Slovakia exported $26.9B in Cars. The main destinations of Slovakia exports on Cars were Germany ($6.73B), France ($2.8B), United States ($2.7B), China ($2.34B), and United Kingdom ($2.22B).

In 2022, Slovakia imported $3.29B in Cars, mainly from Czechia ($889M), Germany ($829M), Spain ($224M), Hungary ($207M), and Austria ($202M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
United Kingdom$323M (17%)
United States$269M (11%)
China$161M (7.37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Slovakia WERE (2021 - 2022):
Russia-$654M (-84.1%)
France-$286M (-9.26%)
Egypt-$196M (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Cars were:
In 2022, 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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