2022
Exports
$12.5MWorld Rnk 39 / 159
Flag Rnk 445 / 1203
falsefalse France
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$21.5MWorld Rnk 45 / 209
Flag Rnk 471 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $12.5M in Electric Furnaces, making it the 39th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 445th most exported product in Slovakia. The main destination of Electric Furnaces exports from Slovakia are: France ($3.6M), China ($2.15M), Denmark ($1.56M), United Kingdom ($1.01M), and Germany ($874k).

Imports In 2022, Slovakia imported $21.5M in Electric Furnaces, becoming the 45th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 471st most imported product in Slovakia. Slovakia imports Electric Furnaces primarily from: Germany ($6.76M), Czechia ($3.58M), Italy ($2.61M), China ($2.23M), and United States ($1.22M).

The fastest growing import markets in Electric Furnaces for Slovakia between 2021 and 2022 were Germany ($2.7M), China ($1.61M), and South Korea ($832k).

Latest Trends

Aug 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 Electric Furnaces. 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)$12.5M
IMPORTS (2022)$21.5M
NET TRADE (2022)-$8.96M

In 2022, Slovakia exported $12.5M in Electric Furnaces. The main destinations of Slovakia exports on Electric Furnaces were France ($3.6M), China ($2.15M), Denmark ($1.56M), United Kingdom ($1.01M), and Germany ($874k).

In 2022, Slovakia imported $21.5M in Electric Furnaces, mainly from Germany ($6.76M), Czechia ($3.58M), Italy ($2.61M), China ($2.23M), and United States ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Slovakia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.42M
TOP IMPORT POTENTIALChina+ $1.15M

Electric Furnaces’s highest export potential is China. With an export gap of $1.42M.   Electric Furnaces’s highest import potential is China with an import gap of $1.15M.

See methodology.

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