2021
Exports | Imports
$64.5M | $116MWorld Rnk 26 / 196
Flag Rnk 191 / 1196
World Rnk 31 / 220
Flag Rnk 167 / 1207
2021
ECONOMIC COMPLEXITY of Slovakia
1.31Rnk 16 / 131
2021
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.94Rnk 8 / 1024

About

Exports In 2021, Slovakia exported $64.5M in Electric Soldering Equipment, making it the 26th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 191st most exported product in Slovakia. The main destination of Electric Soldering Equipment exports from Slovakia are: Germany ($15.3M), Italy ($12.8M), Czechia ($5.25M), United States ($3.38M), and China ($3.15M).

The fastest growing export markets for Electric Soldering Equipment of Slovakia between 2020 and 2021 were Italy ($5.75M), United States ($1.06M), and China ($851k).

Imports In 2021, Slovakia imported $116M in Electric Soldering Equipment, becoming the 31st largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 167th most imported product in Slovakia. Slovakia imports Electric Soldering Equipment primarily from: Germany ($31M), Czechia ($27.6M), South Korea ($10.9M), Mexico ($6.8M), and Sweden ($6.62M).

The fastest growing import markets in Electric Soldering Equipment for Slovakia between 2020 and 2021 were Czechia ($10.5M), South Korea ($10.1M), and Sweden ($2.53M).

Latest Trends

Dec 2023

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 (2021)$64.5M
IMPORTS (2021)$116M
NET TRADE (2021)-$51.1M

In 2021, Slovakia exported $64.5M in Electric Soldering Equipment. The main destinations of Slovakia exports on Electric Soldering Equipment were Germany ($15.3M), Italy ($12.8M), Czechia ($5.25M), United States ($3.38M), and China ($3.15M).

In 2021, Slovakia imported $116M in Electric Soldering Equipment, mainly from Germany ($31M), Czechia ($27.6M), South Korea ($10.9M), Mexico ($6.8M), and Sweden ($6.62M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Slovakia WERE (2020 - 2021):
Italy$5.75M (81.5%)
United States$1.06M (45.4%)
China$851k (37.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Slovakia WERE (2020 - 2021):
Germany-$7.33M (-32.5%)
Tunisia-$4.88M (-74.6%)
Netherlands-$3.72M (-84.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Slovakia's main exporting competitors in Electric Soldering Equipment were:
China $2.74B
Japan $1.18B
In 2021, Slovakia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

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