2022
Exports
$18.6MWorld Rnk 46 / 200
Flag Rnk 380 / 1203
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$242MWorld Rnk 23 / 220
Flag Rnk 96 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $18.6M in Navigation Equipment, making it the 46th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 380th most exported product in Slovakia. The main destination of Navigation Equipment exports from Slovakia are: Turkey ($4.43M), Ukraine ($3.6M), Czechia ($2.64M), Poland ($1.37M), and Germany ($920k).

The fastest growing export markets for Navigation Equipment of Slovakia between 2021 and 2022 were Turkey ($3.95M), Ukraine ($3.45M), and Argentina ($700k).

Imports In 2022, Slovakia imported $242M in Navigation Equipment, becoming the 23rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 96th most imported product in Slovakia. Slovakia imports Navigation Equipment primarily from: Hungary ($157M), Germany ($16.6M), South Korea ($14.3M), Singapore ($13.8M), and Czechia ($13.2M).

The fastest growing import markets in Navigation Equipment for Slovakia between 2021 and 2022 were Hungary ($119M), Singapore ($6.78M), and France ($2.85M).

Latest Trends

Jul 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 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 (2022)$18.6M
IMPORTS (2022)$242M
NET TRADE (2022)-$224M

In 2022, Slovakia exported $18.6M in Navigation Equipment. The main destinations of Slovakia exports on Navigation Equipment were Turkey ($4.43M), Ukraine ($3.6M), Czechia ($2.64M), Poland ($1.37M), and Germany ($920k).

In 2022, Slovakia imported $242M in Navigation Equipment, mainly from Hungary ($157M), Germany ($16.6M), South Korea ($14.3M), Singapore ($13.8M), and Czechia ($13.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Turkey$3.95M (824%)
Ukraine$3.45M (2.28k%)
Argentina$700k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Slovakia WERE (2021 - 2022):
Poland-$2.98M (-68.6%)
Hungary-$2.46M (-89.8%)
Czechia-$1.97M (-42.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Navigation Equipment were:
In 2022, 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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