HS Icon Electric Furnaces in  Flag Slovakia

2021
Exports | Imports
: $6.01M | $19.5M, World Rnk 44 / 151
Flag Rnk 548 / 1196 | World Rnk 48 / 211
Flag Rnk 477 / 1207

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $907k | $5.36M, France |  Italy

2021
ECONOMIC COMPLEXITY of Slovakia
: 1.31, Rnk 16 / 131

2021
PRODUCT COMPLEXITY IN Electric Furnaces
: 1.59, Rnk 39 / 1029

Exports In 2021, Slovakia exported $6.01M in Electric Furnaces, making it the 44th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 548th most exported product in Slovakia. The main destination of Electric Furnaces exports from Slovakia are: France ($1.67M), Denmark ($1.48M), Germany ($499k), Hungary ($455k), and Austria ($388k).

The fastest growing export markets for Electric Furnaces of Slovakia between 2020 and 2021 were France ($907k), China ($363k), and Austria ($231k).

Imports In 2021, Slovakia imported $19.5M in Electric Furnaces, becoming the 48th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 477th most imported product in Slovakia. Slovakia imports Electric Furnaces primarily from: Italy ($7.22M), Czechia ($4.17M), Germany ($4.06M), France ($682k), and China ($616k).

The fastest growing import markets in Electric Furnaces for Slovakia between 2020 and 2021 were Italy ($5.36M), Czechia ($1.68M), and France ($407k).

Tariffs In 2002, the average tariff for Slovakia in Electric Furnaces was 2.97%. The countries with the highest import tariffs for Electric Furnaces were Angola (Most Favoured Nation duty rate treatment, 2.97%), Burundi (Most Favoured Nation duty rate treatment, 2.97%), Benin (Most Favoured Nation duty rate treatment, 2.97%), Burkina Faso (Most Favoured Nation duty rate treatment, 2.97%), and Botswana (Most Favoured Nation duty rate treatment, 2.97%).

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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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

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EXPORTS (2021): $6.01M

IMPORTS (2021): $19.5M

NET TRADE (2021): -$13.5M

In 2021, Slovakia exported $6.01M in Electric Furnaces. The main destinations of Slovakia exports on Electric Furnaces were France ($1.67M), Denmark ($1.48M), Germany ($499k), Hungary ($455k), and Austria ($388k).

In 2021, Slovakia imported $19.5M in Electric Furnaces, mainly from Italy ($7.22M), Czechia ($4.17M), Germany ($4.06M), France ($682k), and China ($616k).

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THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Slovakia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Slovakia WERE (2020 - 2021):

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Market Concentration

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In 2021, Slovakia's main exporting competitors in Electric Furnaces were:

In 2021, Slovakia's main importing competitors in Electric Furnaces were:

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