2023
Exports
$260MWorld Rnk 25 / 226
Flag Rnk 66 / 1200
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$694MWorld Rnk 18 / 226
Flag Rnk 27 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $260M in Iron Fasteners, making it the 25th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 66th most exported product in Slovakia. The main destination of Iron Fasteners exports from Slovakia are: Germany ($74.1M), Italy ($25.1M), Austria ($22.3M), Hungary ($17.3M), and Czechia ($16.5M).

The fastest growing export markets for Iron Fasteners of Slovakia between 2022 and 2023 were Germany ($15.5M), Austria ($5M), and Norway ($2.29M).

Imports In 2023, Slovakia imported $694M in Iron Fasteners, becoming the 18th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 27th most imported product in Slovakia. Slovakia imports Iron Fasteners primarily from: Germany ($205M), South Korea ($76.6M), Chinese Taipei ($64.2M), Czechia ($61.9M), and Poland ($48.2M).

The fastest growing import markets in Iron Fasteners for Slovakia between 2022 and 2023 were Germany ($31.6M), Poland ($13.8M), and Czechia ($11.1M).

Latest Trends

Dec 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 Iron Fasteners. 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 (2023)$260M
IMPORTS (2023)$694M
NET TRADE (2023)-$433M

In 2023, Slovakia exported $260M in Iron Fasteners. The main destinations of Slovakia exports on Iron Fasteners were Germany ($74.1M), Italy ($25.1M), Austria ($22.3M), Hungary ($17.3M), and Czechia ($16.5M).

In 2023, Slovakia imported $694M in Iron Fasteners, mainly from Germany ($205M), South Korea ($76.6M), Chinese Taipei ($64.2M), Czechia ($61.9M), and Poland ($48.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Germany$15.5M (26.5%)
Austria$5M (28.9%)
Norway$2.29M (555%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Slovakia WERE (2022 - 2023):
France-$2.71M (-24.3%)
Russia-$1.83M (-89%)
Portugal-$1.04M (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $16.6M
TOP IMPORT POTENTIALChina+ $20.1M

Iron Fasteners’s highest export potential is Germany. With an export gap of $16.6M.   Iron Fasteners’s highest import potential is China with an import gap of $20.1M.

See methodology.

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