HS Icon Electric Soldering Equipment in  Flag Slovakia

2021
Exports | Imports
: $64.5M | $116M, World Rnk 26 / 196
Flag Rnk 191 / 1196 | World Rnk 31 / 220
Flag Rnk 167 / 1207

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $5.75M | $10.5M, Italy |  Czechia

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

2021
PRODUCT COMPLEXITY IN Electric Soldering Equipment
: 1.78, Rnk 17 / 1029

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).

Tariffs In 2002, the average tariff for Slovakia in Electric Soldering Equipment was 3.76%. The countries with the highest import tariffs for Electric Soldering Equipment were Angola (Most Favoured Nation duty rate treatment, 3.76%), Burundi (Most Favoured Nation duty rate treatment, 3.76%), Benin (Most Favoured Nation duty rate treatment, 3.76%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.76%), and Botswana (Most Favoured Nation duty rate treatment, 3.76%).

Subnational Monthly Trade

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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

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

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

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Market Concentration

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

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

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