2023
Exports
$1.52BWorld Rnk 16 / 102
Flag Rnk 8 / 1200
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$1.62BWorld Rnk 14 / 126
Flag Rnk 10 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $1.52B in Electricity, making it the 16th largest exporter of Electricity in the world. At the same year, Electricity was the 8th most exported product in Slovakia. The main destination of Electricity exports from Slovakia are: Hungary ($1.17B), Czechia ($215M), Ukraine ($92M), and Poland ($35.5M).

The fastest growing export markets for Electricity of Slovakia between 2022 and 2023 were Czechia ($81.9M), Ukraine ($30M), and Poland ($28.6M).

Imports In 2023, Slovakia imported $1.62B in Electricity, becoming the 14th largest importer of Electricity in the world. At the same year, Electricity was the 10th most imported product in Slovakia. Slovakia imports Electricity primarily from: N/A.

The fastest growing import markets in Electricity for Slovakia between 2022 and 2023 were Hungary ($54.8M).

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.52B
IMPORTS (2023)$1.62B
NET TRADE (2023)-$104M

In 2023, Slovakia exported $1.52B in Electricity. The main destinations of Slovakia exports on Electricity were Hungary ($1.17B), Czechia ($215M), Ukraine ($92M), and Poland ($35.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Czechia$81.9M (61.4%)
Ukraine$30M (48.3%)
Poland$28.6M (417%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Slovakia WERE (2022 - 2023):Hungary-$2.31B (-66.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Electricity were:
In 2023, Slovakia's main importing competitors in Electricity were:

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCzechia+ $47M
TOP IMPORT POTENTIALHungary+ $40.9M

Electricity’s highest export potential is Czechia. With an export gap of $47M.   Electricity’s highest import potential is Hungary with an import gap of $40.9M.

See methodology.

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