2022
Exports
$1.76BWorld Rnk 23 / 222
Flag Rnk 8 / 1203
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$2.24BWorld Rnk 19 / 225
Flag Rnk 7 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $1.76B in Insulated Wire, making it the 23rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 8th most exported product in Slovakia. The main destination of Insulated Wire exports from Slovakia are: Germany ($508M), Czechia ($428M), Poland ($151M), Hungary ($144M), and Austria ($64.9M).

The fastest growing export markets for Insulated Wire of Slovakia between 2021 and 2022 were Netherlands ($11.8M), Hungary ($9.06M), and Slovakia ($8.52M).

Imports In 2022, Slovakia imported $2.24B in Insulated Wire, becoming the 19th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 7th most imported product in Slovakia. Slovakia imports Insulated Wire primarily from: Serbia ($314M), Romania ($278M), Germany ($193M), Czechia ($192M), and Poland ($132M).

The fastest growing import markets in Insulated Wire for Slovakia between 2021 and 2022 were Serbia ($129M), Egypt ($35.4M), and China ($27.4M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Insulated Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.76B
IMPORTS (2022)$2.24B
NET TRADE (2022)-$487M

In 2022, Slovakia exported $1.76B in Insulated Wire. The main destinations of Slovakia exports on Insulated Wire were Germany ($508M), Czechia ($428M), Poland ($151M), Hungary ($144M), and Austria ($64.9M).

In 2022, Slovakia imported $2.24B in Insulated Wire, mainly from Serbia ($314M), Romania ($278M), Germany ($193M), Czechia ($192M), and Poland ($132M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Netherlands$11.8M (26.2%)
Hungary$9.06M (6.73%)
Slovakia$8.52M (56.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Slovakia WERE (2021 - 2022):
Austria-$23.7M (-26.7%)
Japan-$8.78M (-61.3%)
Czechia-$4.88M (-1.13%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Slovakia's main exporting competitors in Insulated Wire were:
In 2022, Slovakia's main importing competitors in Insulated Wire were:

Explore Visualizations

Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $51.1M
TOP IMPORT POTENTIALChina+ $63M

Insulated Wire’s highest export potential is Poland. With an export gap of $51.1M.   Insulated Wire’s highest import potential is China with an import gap of $63M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with