2018
Exports
$21.8MWorld Rnk 28 / 174
Flag Rnk 346 / 1203
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2018
Imports
$54.7MWorld Rnk 39 / 218
Flag Rnk 297 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2018, Slovakia exported $21.8M in Woodworking machines, making it the 28th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 346th most exported product in Slovakia. The main destination of Woodworking machines exports from Slovakia are: Hungary ($4.27M), France ($4.12M), Germany ($3.38M), Belgium ($2.28M), and Czechia ($1.2M).

The fastest growing export markets for Woodworking machines of Slovakia between 2021 and 2022 were Hungary ($1.92M), France ($1.75M), and Belgium ($1.72M).

Imports In 2022, Slovakia imported $54.7M in Woodworking machines, becoming the 39th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 297th most imported product in Slovakia. Slovakia imports Woodworking machines primarily from: Germany ($15.9M), Czechia ($10.2M), Italy ($9.5M), Austria ($5.52M), and Poland ($4.69M).

The fastest growing import markets in Woodworking machines for Slovakia between 2021 and 2022 were Croatia ($683k), Japan ($583k), and United States ($338k).

Latest Trends

Oct 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 Woodworking machines. 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)$21.8M
IMPORTS (2022)$54.7M
NET TRADE (2022)-$32.9M

In 2022, Slovakia exported $21.8M in Woodworking machines. The main destinations of Slovakia exports on Woodworking machines were Hungary ($4.27M), France ($4.12M), Germany ($3.38M), Belgium ($2.28M), and Czechia ($1.2M).

In 2022, Slovakia imported $54.7M in Woodworking machines, mainly from Germany ($15.9M), Czechia ($10.2M), Italy ($9.5M), Austria ($5.52M), and Poland ($4.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Hungary$1.92M (82%)
France$1.75M (74%)
Belgium$1.72M (310%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Slovakia WERE (2021 - 2022):
Czechia-$2.11M (-63.8%)
Ukraine-$1.48M (-87.2%)
Poland-$617k (-60.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Slovakia's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.53M
TOP IMPORT POTENTIALAustria+ $2.82M

Woodworking machines’s highest export potential is Germany. With an export gap of $1.53M.   Woodworking machines’s highest import potential is Austria with an import gap of $2.82M.

See methodology.

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