2023
Exports
$150MWorld Rnk 21 / 151
Flag Rnk 104 / 1200
2023
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 247 / 1025
2023
Imports
$392MWorld Rnk 13 / 199
Flag Rnk 53 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $150M in Locomotive Parts, making it the 21st largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 104th most exported product in Slovakia. The main destination of Locomotive Parts exports from Slovakia are: Czechia ($44.1M), Croatia ($18M), Germany ($17.8M), France ($11.2M), and Serbia ($10M).

The fastest growing export markets for Locomotive Parts of Slovakia between 2022 and 2023 were France ($7.47M), Ukraine ($5.31M), and Poland ($4.22M).

Imports In 2023, Slovakia imported $392M in Locomotive Parts, becoming the 13th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 53rd most imported product in Slovakia. Slovakia imports Locomotive Parts primarily from: Czechia ($200M), Germany ($41.7M), Ukraine ($29.8M), Hungary ($25.6M), and Bulgaria ($23.8M).

The fastest growing import markets in Locomotive Parts for Slovakia between 2022 and 2023 were Bulgaria ($14.9M), Germany ($11.4M), and Ukraine ($7.38M).

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 Locomotive 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 (2023)$150M
IMPORTS (2023)$392M
NET TRADE (2023)-$243M

In 2023, Slovakia exported $150M in Locomotive Parts. The main destinations of Slovakia exports on Locomotive Parts were Czechia ($44.1M), Croatia ($18M), Germany ($17.8M), France ($11.2M), and Serbia ($10M).

In 2023, Slovakia imported $392M in Locomotive Parts, mainly from Czechia ($200M), Germany ($41.7M), Ukraine ($29.8M), Hungary ($25.6M), and Bulgaria ($23.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
France$7.47M (198%)
Ukraine$5.31M (167%)
Poland$4.22M (78.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Slovakia WERE (2022 - 2023):
Croatia-$51.2M (-74%)
Germany-$6.3M (-26.1%)
Bulgaria-$4.07M (-70.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $8.22M
TOP IMPORT POTENTIALAustria+ $9.28M

Locomotive Parts’s highest export potential is Germany. With an export gap of $8.22M.   Locomotive Parts’s highest import potential is Austria with an import gap of $9.28M.

See methodology.

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