2022
Exports
$1.49MWorld Rnk 102 / 149
Flag Rnk 793 / 1203
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$2.63BWorld Rnk 45 / 158
Flag Rnk 6 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $1.49M in Crude Petroleum, making it the 102nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 793rd most exported product in Slovakia. The main destination of Crude Petroleum exports from Slovakia are: Austria ($1.49M), Netherlands ($2.58k), Czechia ($1.16k), and Germany ($86).

The fastest growing export markets for Crude Petroleum of Slovakia between 2021 and 2022 were Netherlands ($2.58k) and Czechia ($1.16k).

Imports In 2022, Slovakia imported $2.63B in Crude Petroleum, becoming the 45th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 6th most imported product in Slovakia. Slovakia imports Crude Petroleum primarily from: Russia ($2.48B), Hungary ($112M), Kazakhstan ($36.8M), Italy ($369k), and Czechia ($5.42k).

The fastest growing import markets in Crude Petroleum for Slovakia between 2021 and 2022 were Kazakhstan ($6.26M), Italy ($79.6k), and Netherlands ($696).

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 Crude Petroleum. 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)$1.49M
IMPORTS (2022)$2.63B
NET TRADE (2022)-$2.63B

In 2022, Slovakia exported $1.49M in Crude Petroleum. The main destinations of Slovakia exports on Crude Petroleum were Austria ($1.49M), Netherlands ($2.58k), Czechia ($1.16k), and Germany ($86).

In 2022, Slovakia imported $2.63B in Crude Petroleum, mainly from Russia ($2.48B), Hungary ($112M), Kazakhstan ($36.8M), Italy ($369k), and Czechia ($5.42k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Netherlands$2.58k (258k%)
Czechia$1.16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Slovakia WERE (2021 - 2022):
Austria-$925k (-38.4%)
Germany-$1.07k (-92.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Crude Petroleum were:
In 2022, Slovakia's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $1.04M
TOP IMPORT POTENTIALKazakhstan+ $38.1M

Crude Petroleum’s highest export potential is Austria. With an export gap of $1.04M.   Crude Petroleum’s highest import potential is Kazakhstan with an import gap of $38.1M.

See methodology.

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