2023
Exports
$66.1MWorld Rnk 23 / 197
Flag Rnk 184 / 1200
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$130MWorld Rnk 29 / 224
Flag Rnk 150 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $66.1M in Electric Soldering Equipment, making it the 23rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 184th most exported product in Slovakia. The main destination of Electric Soldering Equipment exports from Slovakia are: Italy ($17.5M), Germany ($9.48M), France ($5.4M), Czechia ($3.46M), and Belgium ($3.45M).

The fastest growing export markets for Electric Soldering Equipment of Slovakia between 2022 and 2023 were Italy ($4.53M), France ($1.81M), and Mexico ($1.48M).

Imports In 2023, Slovakia imported $130M in Electric Soldering Equipment, becoming the 29th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 150th most imported product in Slovakia. Slovakia imports Electric Soldering Equipment primarily from: Germany ($38.9M), Czechia ($31.8M), France ($9.31M), South Korea ($7.32M), and China ($7.1M).

The fastest growing import markets in Electric Soldering Equipment for Slovakia between 2022 and 2023 were Czechia ($18M), Germany ($7.44M), and France ($7.41M).

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 Electric Soldering Equipment. 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)$66.1M
IMPORTS (2023)$130M
NET TRADE (2023)-$63.9M

In 2023, Slovakia exported $66.1M in Electric Soldering Equipment. The main destinations of Slovakia exports on Electric Soldering Equipment were Italy ($17.5M), Germany ($9.48M), France ($5.4M), Czechia ($3.46M), and Belgium ($3.45M).

In 2023, Slovakia imported $130M in Electric Soldering Equipment, mainly from Germany ($38.9M), Czechia ($31.8M), France ($9.31M), South Korea ($7.32M), and China ($7.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Italy$4.53M (34.9%)
France$1.81M (50.3%)
Mexico$1.48M (580%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Slovakia WERE (2022 - 2023):
United States-$4.79M (-66.8%)
Germany-$1.52M (-13.8%)
China-$1.24M (-44.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Slovakia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $4.36M
TOP IMPORT POTENTIALChina+ $4.33M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $4.36M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $4.33M.

See methodology.

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