HS Icon Motor vehicles; parts and accessories (8701 to 8705) in  Flag Slovakia

2021
Exports | Imports
: $5.66B | $9.64B, World Rnk 19 / 225
Flag Rnk 2 / 1196 | World Rnk 9 / 225
Flag Rnk 1 / 1207

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $220M | $295M, Germany |  Germany

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

2021
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
: 1.01, Rnk 169 / 1029

Exports In 2021, Slovakia exported $5.66B 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 ($2.43B), Czechia ($722M), France ($396M), Hungary ($245M), and Spain ($236M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Slovakia between 2020 and 2021 were Germany ($220M), Czechia ($110M), and France ($72.5M).

Imports In 2021, Slovakia imported $9.64B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 9th 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 ($2.84B), Czechia ($1.53B), Poland ($1.06B), South Korea ($853M), and Hungary ($782M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Slovakia between 2020 and 2021 were Germany ($295M), Czechia ($256M), and South Korea ($164M).

Tariffs In 2017, the average tariff for Slovakia in Motor vehicles; parts and accessories (8701 to 8705) was 3.52%. The countries with the highest import tariffs for Motor vehicles; parts and accessories (8701 to 8705) were Western Sahara (Most Favoured Nation duty rate treatment, 3.81%), Gabon (Most Favoured Nation duty rate treatment, 3.81%), Libya (Most Favoured Nation duty rate treatment, 3.81%), Mayotte (Most Favoured Nation duty rate treatment, 3.81%), and Reunion (Most Favoured Nation duty rate treatment, 3.81%).

Subnational Monthly Trade

#permalink to section
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 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.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $5.66B

IMPORTS (2021): $9.64B

NET TRADE (2021): -$3.98B

In 2021, Slovakia exported $5.66B 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 ($2.43B), Czechia ($722M), France ($396M), Hungary ($245M), and Spain ($236M).

In 2021, Slovakia imported $9.64B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($2.84B), Czechia ($1.53B), Poland ($1.06B), South Korea ($853M), and Hungary ($782M).

Explore Visualizations

Flow

THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Slovakia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Slovakia WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Slovakia's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

In 2021, Slovakia's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations