2022
Exports
$2.91BWorld Rnk 16 / 98
Flag Rnk 5 / 1203
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$3.29BWorld Rnk 13 / 128
Flag Rnk 5 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $2.91B in Electricity, making it the 16th largest exporter of Electricity in the world. At the same year, Electricity was the 5th most exported product in Slovakia. The main destination of Electricity exports from Slovakia are: Hungary ($2.6B), Ukraine ($265M), Czechia ($43.2M), and Poland ($3.49M).

The fastest growing export markets for Electricity of Slovakia between 2021 and 2022 were Hungary ($1.31B) and Ukraine ($105M).

Imports In 2022, Slovakia imported $3.29B in Electricity, becoming the 13th largest importer of Electricity in the world. At the same year, Electricity was the 5th most imported product in Slovakia. Slovakia imports Electricity primarily from: Czechia ($1.85B), Poland ($1.22B), Ukraine ($148M), and Hungary ($69.8M).

The fastest growing import markets in Electricity for Slovakia between 2021 and 2022 were Poland ($830M), Czechia ($603M), and Ukraine ($122M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.91B
IMPORTS (2022)$3.29B
NET TRADE (2022)-$378M

In 2022, Slovakia exported $2.91B in Electricity. The main destinations of Slovakia exports on Electricity were Hungary ($2.6B), Ukraine ($265M), Czechia ($43.2M), and Poland ($3.49M).

In 2022, Slovakia imported $3.29B in Electricity, mainly from Czechia ($1.85B), Poland ($1.22B), Ukraine ($148M), and Hungary ($69.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Hungary$1.31B (102%)
Ukraine$105M (66.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Slovakia WERE (2021 - 2022):
Czechia-$11.2M (-20.6%)
North Macedonia-$4.01M (-100%)
Poland-$1.48M (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Slovakia's main exporting competitors in Electricity were:
In 2022, Slovakia's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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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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