2023
Exports
$9.99MWorld Rnk 52 / 199
Flag Rnk 459 / 1200
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$325MWorld Rnk 18 / 223
Flag Rnk 66 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $9.99M in Navigation Equipment, making it the 52nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 459th most exported product in Slovakia. The main destination of Navigation Equipment exports from Slovakia are: Poland ($2.46M), Germany ($1.26M), Ukraine ($1.03M), Turkey ($726k), and Czechia ($649k).

The fastest growing export markets for Navigation Equipment of Slovakia between 2022 and 2023 were Poland ($1.09M), Germany ($240k), and United States ($213k).

Imports In 2023, Slovakia imported $325M in Navigation Equipment, becoming the 18th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 66th most imported product in Slovakia. Slovakia imports Navigation Equipment primarily from: Poland ($131M), Germany ($63.1M), Hungary ($49.6M), South Korea ($31.8M), and Singapore ($13.1M).

The fastest growing import markets in Navigation Equipment for Slovakia between 2022 and 2023 were Poland ($126M), Germany ($8.04M), and South Korea ($6.63M).

Latest Trends

Jan 2025

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 Navigation Equipment. 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)$9.99M
IMPORTS (2023)$325M
NET TRADE (2023)-$315M

In 2023, Slovakia exported $9.99M in Navigation Equipment. The main destinations of Slovakia exports on Navigation Equipment were Poland ($2.46M), Germany ($1.26M), Ukraine ($1.03M), Turkey ($726k), and Czechia ($649k).

In 2023, Slovakia imported $325M in Navigation Equipment, mainly from Poland ($131M), Germany ($63.1M), Hungary ($49.6M), South Korea ($31.8M), and Singapore ($13.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Poland$1.09M (80.1%)
Germany$240k (23.6%)
United States$213k (5.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Slovakia WERE (2022 - 2023):
Turkey-$3.71M (-83.6%)
Bahrain-$699k (-100%)
China-$513k (-80.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Navigation Equipment were:
In 2023, Slovakia's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.39M
TOP IMPORT POTENTIALGermany+ $5.75M

Navigation Equipment’s highest export potential is Germany. With an export gap of $1.39M.   Navigation Equipment’s highest import potential is Germany with an import gap of $5.75M.

See methodology.

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