2023
Exports
$5.12MWorld Rnk 27 / 158
Flag Rnk 565 / 1200
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$10.4MWorld Rnk 38 / 213
Flag Rnk 588 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $5.12M in Metalworking Machines, making it the 27th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 565th most exported product in Slovakia. The main destination of Metalworking Machines exports from Slovakia are: Germany ($3.76M), United States ($375k), Israel ($178k), India ($138k), and Italy ($122k).

The fastest growing export markets for Metalworking Machines of Slovakia between 2022 and 2023 were Germany ($1.31M), United States ($375k), and Israel ($178k).

Imports In 2023, Slovakia imported $10.4M in Metalworking Machines, becoming the 38th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 588th most imported product in Slovakia. Slovakia imports Metalworking Machines primarily from: Germany ($4.43M), Czechia ($2.59M), Switzerland ($727k), Austria ($556k), and Italy ($549k).

The fastest growing import markets in Metalworking Machines for Slovakia between 2022 and 2023 were Germany ($1.81M), Austria ($542k), and Czechia ($260k).

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 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 (2023)$5.12M
IMPORTS (2023)$10.4M
NET TRADE (2023)-$5.25M

In 2023, Slovakia exported $5.12M in Metalworking Machines. The main destinations of Slovakia exports on Metalworking Machines were Germany ($3.76M), United States ($375k), Israel ($178k), India ($138k), and Italy ($122k).

In 2023, Slovakia imported $10.4M in Metalworking Machines, mainly from Germany ($4.43M), Czechia ($2.59M), Switzerland ($727k), Austria ($556k), and Italy ($549k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Germany$1.31M (53.5%)
United States$375k (1%)
Israel$178k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Slovakia WERE (2022 - 2023):
Malaysia-$718k (-100%)
Czechia-$684k (-89.6%)
Hungary-$340k (-77.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Metalworking Machines were:
In 2023, 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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