2022
Exports
$5.67BWorld Rnk 19 / 226
Flag Rnk 2 / 1203
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$10BWorld Rnk 11 / 225
Flag Rnk 1 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $5.67B in Motor vehicles; parts and accessories (8701 to 8705), making it the 19th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most exported product in Slovakia. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Slovakia are: Germany ($2.16B), Czechia ($757M), France ($323M), Hungary ($267M), and Italy ($255M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Slovakia between 2021 and 2022 were Italy ($131M), United Kingdom ($37.2M), and Czechia ($33.3M).

Imports In 2022, Slovakia imported $10B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 11th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 1st most imported product in Slovakia. Slovakia imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($2.74B), Czechia ($1.6B), Poland ($1.12B), South Korea ($978M), and Hungary ($887M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Slovakia between 2021 and 2022 were South Korea ($125M), Hungary ($101M), and Poland ($65.2M).

COMPANIES In 2023, leading companies such as Robert Bosch (177) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Slovakia to the United States.

Latest Trends

Sep 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 Motor vehicles; parts and accessories (8701 to 8705). 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)$5.67B
IMPORTS (2022)$10B
NET TRADE (2022)-$4.33B

In 2022, Slovakia exported $5.67B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Slovakia exports on Motor vehicles; parts and accessories (8701 to 8705) were Germany ($2.16B), Czechia ($757M), France ($323M), Hungary ($267M), and Italy ($255M).

In 2022, Slovakia imported $10B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($2.74B), Czechia ($1.6B), Poland ($1.12B), South Korea ($978M), and Hungary ($887M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Italy$131M (106%)
United Kingdom$37.2M (18.6%)
Czechia$33.3M (4.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Slovakia WERE (2021 - 2022):
Germany-$268M (-11%)
Austria-$70.5M (-30.1%)
France-$68.8M (-17.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Slovakia's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $191M
TOP IMPORT POTENTIALChina+ $211M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Poland. With an export gap of $191M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $211M.

See methodology.

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