2022
Exports
$132MWorld Rnk 31 / 186
Flag Rnk 130 / 1203
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$97.4MWorld Rnk 43 / 219
Flag Rnk 197 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $132M in Electric Motor Parts, making it the 31st largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 130th most exported product in Slovakia. The main destination of Electric Motor Parts exports from Slovakia are: Germany ($63.9M), Czechia ($26M), Italy ($13.1M), Serbia ($5.3M), and United States ($2.71M).

The fastest growing export markets for Electric Motor Parts of Slovakia between 2021 and 2022 were Germany ($8.78M), Czechia ($4.84M), and United States ($1.16M).

Imports In 2022, Slovakia imported $97.4M in Electric Motor Parts, becoming the 43rd largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 197th most imported product in Slovakia. Slovakia imports Electric Motor Parts primarily from: Italy ($26.9M), Germany ($14.6M), China ($11.8M), Hungary ($11.7M), and Thailand ($9.02M).

The fastest growing import markets in Electric Motor Parts for Slovakia between 2021 and 2022 were China ($2.99M), Switzerland ($2.71M), and Czechia ($1.8M).

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 Electric Motor Parts. 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)$132M
IMPORTS (2022)$97.4M
NET TRADE (2022)$34.3M

In 2022, Slovakia exported $132M in Electric Motor Parts. The main destinations of Slovakia exports on Electric Motor Parts were Germany ($63.9M), Czechia ($26M), Italy ($13.1M), Serbia ($5.3M), and United States ($2.71M).

In 2022, Slovakia imported $97.4M in Electric Motor Parts, mainly from Italy ($26.9M), Germany ($14.6M), China ($11.8M), Hungary ($11.7M), and Thailand ($9.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Germany$8.78M (15.9%)
Czechia$4.84M (22.9%)
United States$1.16M (74.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Slovakia WERE (2021 - 2022):
Denmark-$1.37M (-50.7%)
Japan-$1.1M (-56.3%)
Serbia-$678k (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Slovakia's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.58M
TOP IMPORT POTENTIALChina+ $6.95M

Electric Motor Parts’s highest export potential is Germany. With an export gap of $7.58M.   Electric Motor Parts’s highest import potential is China with an import gap of $6.95M.

See methodology.

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