2023
Exports
$479MWorld Rnk 1 / 84
Flag Rnk 31 / 1200
2023
PRODUCT COMPLEXITY IN Railway Freight Cars
-0.044Rnk 574 / 1025
2023
Imports
$151MWorld Rnk 7 / 143
Flag Rnk 132 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $479M in Railway Freight Cars, making it the 1st largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 31st most exported product in Slovakia. The main destination of Railway Freight Cars exports from Slovakia are: Germany ($255M), Austria ($52.1M), Hungary ($44.5M), Poland ($34.5M), and Czechia ($33.2M).

The fastest growing export markets for Railway Freight Cars of Slovakia between 2022 and 2023 were Germany ($67.1M), Hungary ($31.1M), and Ukraine ($7.71M).

Imports In 2023, Slovakia imported $151M in Railway Freight Cars, becoming the 7th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 132nd most imported product in Slovakia. Slovakia imports Railway Freight Cars primarily from: Serbia ($53.2M), Croatia ($31.9M), Czechia ($23M), Poland ($13.9M), and Austria ($6.96M).

The fastest growing import markets in Railway Freight Cars for Slovakia between 2022 and 2023 were Serbia ($19.5M), Croatia ($17.6M), and Czechia ($12.9M).

Latest Trends

Dec 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 Railway Freight Cars. 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 (2023)$479M
IMPORTS (2023)$151M
NET TRADE (2023)$328M

In 2023, Slovakia exported $479M in Railway Freight Cars. The main destinations of Slovakia exports on Railway Freight Cars were Germany ($255M), Austria ($52.1M), Hungary ($44.5M), Poland ($34.5M), and Czechia ($33.2M).

In 2023, Slovakia imported $151M in Railway Freight Cars, mainly from Serbia ($53.2M), Croatia ($31.9M), Czechia ($23M), Poland ($13.9M), and Austria ($6.96M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Germany$67.1M (35.8%)
Hungary$31.1M (232%)
Ukraine$7.71M (36.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY Slovakia WERE (2022 - 2023):
Poland-$31.9M (-48%)
Serbia-$13.5M (-99.2%)
Italy-$10.8M (-76%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Railway Freight Cars were:
China $376M
In 2023, Slovakia's main importing competitors in Railway Freight Cars were:

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Trade Value of Railway Freight Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $5.15M
TOP IMPORT POTENTIALRomania+ $767k

Railway Freight Cars’s highest export potential is Austria. With an export gap of $5.15M.   Railway Freight Cars’s highest import potential is Romania with an import gap of $767k.

See methodology.

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