2022
Exports
$163MWorld Rnk 22 / 199
Flag Rnk 104 / 1203
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$121MWorld Rnk 32 / 220
Flag Rnk 169 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $163M in Metalworking Machine Parts, making it the 22nd largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 104th most exported product in Slovakia. The main destination of Metalworking Machine Parts exports from Slovakia are: Germany ($61.8M), Belgium ($26.2M), Czechia ($16.6M), Hungary ($11.7M), and Austria ($11.5M).

The fastest growing export markets for Metalworking Machine Parts of Slovakia between 2021 and 2022 were Belgium ($3.96M), France ($2.47M), and Czechia ($1.94M).

Imports In 2022, Slovakia imported $121M in Metalworking Machine Parts, becoming the 32nd largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 169th most imported product in Slovakia. Slovakia imports Metalworking Machine Parts primarily from: Germany ($48.2M), Czechia ($19.5M), Belgium ($12.3M), Italy ($8.04M), and Austria ($6.33M).

The fastest growing import markets in Metalworking Machine Parts for Slovakia between 2021 and 2022 were China ($1.94M), Portugal ($869k), and Slovenia ($796k).

Latest Trends

Oct 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 Metalworking Machine 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 (2022)$163M
IMPORTS (2022)$121M
NET TRADE (2022)$41.8M

In 2022, Slovakia exported $163M in Metalworking Machine Parts. The main destinations of Slovakia exports on Metalworking Machine Parts were Germany ($61.8M), Belgium ($26.2M), Czechia ($16.6M), Hungary ($11.7M), and Austria ($11.5M).

In 2022, Slovakia imported $121M in Metalworking Machine Parts, mainly from Germany ($48.2M), Czechia ($19.5M), Belgium ($12.3M), Italy ($8.04M), and Austria ($6.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Belgium$3.96M (17.8%)
France$2.47M (111%)
Czechia$1.94M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Slovakia WERE (2021 - 2022):
Germany-$16.7M (-21.2%)
Sweden-$2.9M (-95.4%)
Russia-$1.26M (-61.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Metalworking Machine Parts were:
In 2022, Slovakia's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $7.91M
TOP IMPORT POTENTIALAustria+ $4.02M

Metalworking Machine Parts’s highest export potential is Austria. With an export gap of $7.91M.   Metalworking Machine Parts’s highest import potential is Austria with an import gap of $4.02M.

See methodology.

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