HS Icon Insulated Wire in  Flag Slovakia

2020
Exports | Imports
: $1.34B | $1.53B, World Rnk 24 / 224
Flag Rnk 6 / 1191 | World Rnk 20 / 225
Flag Rnk 5 / 1206

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $34.3M | $25.5M, Czechia |  Tunisia

2020
ECONOMIC COMPLEXITY of Slovakia
: 1.31, Rnk 18 / 127

2020
PRODUCT COMPLEXITY  IN Insulated Wire
: -0.66, Rnk 739 / 1029

Exports In 2020, Slovakia exported $1.34B in Insulated Wire, making it the 24th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 6th most exported product in Slovakia. The main destination of Insulated Wire exports from Slovakia are: Germany ($393M), Czechia ($334M), Poland ($99.9M), Hungary ($88.6M), and Austria ($73.1M).

The fastest growing export markets for Insulated Wire of Slovakia between 2019 and 2020 were Czechia ($34.3M), Indonesia ($32.9M), and United Arab Emirates ($23.1M).

Imports In 2020, Slovakia imported $1.53B in Insulated Wire, becoming the 20th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 5th most imported product in Slovakia. Slovakia imports Insulated Wire primarily from: Romania ($261M), Czechia ($159M), Germany ($144M), Serbia ($141M), and Poland ($90.3M).

The fastest growing import markets in Insulated Wire for Slovakia between 2019 and 2020 were Tunisia ($25.5M), South Korea ($15.4M), and Poland ($14.1M).

Tariffs In 2002, the average tariff for Slovakia in Insulated Wire was 3.63%. The countries with the highest import tariffs for Insulated Wire were Angola (Most Favoured Nation duty rate treatement, 3.63%), Burundi (Most Favoured Nation duty rate treatement, 3.63%), Benin (Most Favoured Nation duty rate treatement, 3.63%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.63%), and Botswana (Most Favoured Nation duty rate treatement, 3.63%).

Subnational Monthly Trade

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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.

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Historical Data

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EXPORTS (2020): $1.34B

IMPORTS (2020): $1.53B

NET TRADE (2020): -$188M

In 2020, Slovakia exported $1.34B in Insulated Wire. The main destinations of Slovakia exports on Insulated Wire were Germany ($393M), Czechia ($334M), Poland ($99.9M), Hungary ($88.6M), and Austria ($73.1M).

In 2020, Slovakia imported $1.53B in Insulated Wire, mainly from Romania ($261M), Czechia ($159M), Germany ($144M), Serbia ($141M), and Poland ($90.3M).

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Flow

THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Slovakia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Slovakia WERE (2019 - 2020):

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Market Concentration

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In 2020, Slovakia's main exporting competitors in Insulated Wire were:

In 2020, Slovakia's main importing competitors in Insulated Wire were:

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