2022
Exports
$13.7MWorld Rnk 33 / 158
Flag Rnk 435 / 1203
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$17.5MWorld Rnk 57 / 213
Flag Rnk 521 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $13.7M in Industrial Furnaces, making it the 33rd largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 435th most exported product in Slovakia. The main destination of Industrial Furnaces exports from Slovakia are: Germany ($5.61M), United Kingdom ($1.58M), Brazil ($1.16M), Switzerland ($1.08M), and Turkey ($558k).

The fastest growing export markets for Industrial Furnaces of Slovakia between 2021 and 2022 were Germany ($5.3M), Switzerland ($1.07M), and United Kingdom ($1.04M).

Imports In 2022, Slovakia imported $17.5M in Industrial Furnaces, becoming the 57th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 521st most imported product in Slovakia. Slovakia imports Industrial Furnaces primarily from: Czechia ($8.44M), Germany ($2.54M), Netherlands ($2.43M), Italy ($2.2M), and China ($398k).

The fastest growing import markets in Industrial Furnaces for Slovakia between 2021 and 2022 were Czechia ($4.45M), Netherlands ($802k), and Italy ($632k).

Latest Trends

Jul 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 Industrial Furnaces. 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)$13.7M
IMPORTS (2022)$17.5M
NET TRADE (2022)-$3.82M

In 2022, Slovakia exported $13.7M in Industrial Furnaces. The main destinations of Slovakia exports on Industrial Furnaces were Germany ($5.61M), United Kingdom ($1.58M), Brazil ($1.16M), Switzerland ($1.08M), and Turkey ($558k).

In 2022, Slovakia imported $17.5M in Industrial Furnaces, mainly from Czechia ($8.44M), Germany ($2.54M), Netherlands ($2.43M), Italy ($2.2M), and China ($398k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Germany$5.3M (1.7k%)
Switzerland$1.07M (25.2k%)
United Kingdom$1.04M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Slovakia WERE (2021 - 2022):
Serbia-$1.06M (-100%)
Austria-$615k (-99%)
Czechia-$522k (-62.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Slovakia's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $454k
TOP IMPORT POTENTIALItaly+ $733k

Industrial Furnaces’s highest export potential is Turkey. With an export gap of $454k.   Industrial Furnaces’s highest import potential is Italy with an import gap of $733k.

See methodology.

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