2022
Exports
$56.3MWorld Rnk 27 / 201
Flag Rnk 218 / 1203
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$113MWorld Rnk 31 / 220
Flag Rnk 176 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $56.3M in Electric Soldering Equipment, making it the 27th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 218th most exported product in Slovakia. The main destination of Electric Soldering Equipment exports from Slovakia are: Germany ($11.5M), Italy ($9.18M), United States ($7.27M), Spain ($4.16M), and France ($3.3M).

The fastest growing export markets for Electric Soldering Equipment of Slovakia between 2021 and 2022 were United States ($3.89M), Spain ($2.43M), and Ukraine ($1.7M).

Imports In 2022, Slovakia imported $113M 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 176th most imported product in Slovakia. Slovakia imports Electric Soldering Equipment primarily from: Germany ($37.3M), Czechia ($16.6M), South Korea ($8.03M), Mexico ($7.8M), and Netherlands ($6.04M).

The fastest growing import markets in Electric Soldering Equipment for Slovakia between 2021 and 2022 were Germany ($6.32M), Netherlands ($4.12M), and United States ($2.51M).

Latest Trends

May 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 (2022)$56.3M
IMPORTS (2022)$113M
NET TRADE (2022)-$56.9M

In 2022, Slovakia exported $56.3M in Electric Soldering Equipment. The main destinations of Slovakia exports on Electric Soldering Equipment were Germany ($11.5M), Italy ($9.18M), United States ($7.27M), Spain ($4.16M), and France ($3.3M).

In 2022, Slovakia imported $113M in Electric Soldering Equipment, mainly from Germany ($37.3M), Czechia ($16.6M), South Korea ($8.03M), Mexico ($7.8M), and Netherlands ($6.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
United States$3.89M (115%)
Spain$2.43M (141%)
Ukraine$1.7M (2.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Slovakia WERE (2021 - 2022):
Germany-$3.77M (-24.7%)
Italy-$3.77M (-29.1%)
Czechia-$3.19M (-61%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Electric Soldering Equipment were:
In 2022, 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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