2022
Exports
$4.56MWorld Rnk 27 / 160
Flag Rnk 599 / 1203
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$8.3MWorld Rnk 41 / 212
Flag Rnk 644 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $4.56M in Metalworking Machines, making it the 27th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 599th most exported product in Slovakia. The main destination of Metalworking Machines exports from Slovakia are: Germany ($2.45M), Czechia ($718k), Malaysia ($718k), Hungary ($339k), and India ($99.5k).

The fastest growing export markets for Metalworking Machines of Slovakia between 2021 and 2022 were Germany ($1.14M), Malaysia ($718k), and Czechia ($480k).

Imports In 2022, Slovakia imported $8.3M in Metalworking Machines, becoming the 41st largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 644th most imported product in Slovakia. Slovakia imports Metalworking Machines primarily from: Germany ($2.18M), Czechia ($1.96M), Switzerland ($1.69M), Italy ($727k), and Croatia ($675k).

The fastest growing import markets in Metalworking Machines for Slovakia between 2021 and 2022 were Switzerland ($1.69M), Croatia ($673k), and Turkey ($136k).

Latest Trends

Aug 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 Machines. 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)$4.56M
IMPORTS (2022)$8.3M
NET TRADE (2022)-$3.75M

In 2022, Slovakia exported $4.56M in Metalworking Machines. The main destinations of Slovakia exports on Metalworking Machines were Germany ($2.45M), Czechia ($718k), Malaysia ($718k), Hungary ($339k), and India ($99.5k).

In 2022, Slovakia imported $8.3M in Metalworking Machines, mainly from Germany ($2.18M), Czechia ($1.96M), Switzerland ($1.69M), Italy ($727k), and Croatia ($675k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Germany$1.14M (86.6%)
Malaysia$718k (1%)
Czechia$480k (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Slovakia WERE (2021 - 2022):
Hungary-$365k (-51.9%)
Iran-$55.2k (-100%)
Austria-$54.5k (-91.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $147k
TOP IMPORT POTENTIALGermany+ $369k

Metalworking Machines’s highest export potential is India. With an export gap of $147k.   Metalworking Machines’s highest import potential is Germany with an import gap of $369k.

See methodology.

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