2023
Exports
$148MWorld Rnk 34 / 217
Flag Rnk 105 / 1200
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.46Rnk 52 / 1025
2023
Imports
$215MWorld Rnk 42 / 225
Flag Rnk 101 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $148M in Other Electrical Machinery, making it the 34th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 105th most exported product in Slovakia. The main destination of Other Electrical Machinery exports from Slovakia are: Germany ($67.3M), Czechia ($7.54M), El Salvador ($5.84M), United States ($5.58M), and France ($5.24M).

The fastest growing export markets for Other Electrical Machinery of Slovakia between 2022 and 2023 were Germany ($27.4M), El Salvador ($5.84M), and France ($2.92M).

Imports In 2023, Slovakia imported $215M in Other Electrical Machinery, becoming the 42nd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 101st most imported product in Slovakia. Slovakia imports Other Electrical Machinery primarily from: China ($50M), Czechia ($23.2M), Germany ($20.8M), Vietnam ($15.1M), and United States ($14.7M).

The fastest growing import markets in Other Electrical Machinery for Slovakia between 2022 and 2023 were United States ($7.72M), Vietnam ($6.05M), and Latvia ($4.37M).

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 Other Electrical Machinery. 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)$148M
IMPORTS (2023)$215M
NET TRADE (2023)-$66.7M

In 2023, Slovakia exported $148M in Other Electrical Machinery. The main destinations of Slovakia exports on Other Electrical Machinery were Germany ($67.3M), Czechia ($7.54M), El Salvador ($5.84M), United States ($5.58M), and France ($5.24M).

In 2023, Slovakia imported $215M in Other Electrical Machinery, mainly from China ($50M), Czechia ($23.2M), Germany ($20.8M), Vietnam ($15.1M), and United States ($14.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Germany$27.4M (68.7%)
El Salvador$5.84M (522k%)
France$2.92M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Slovakia WERE (2022 - 2023):
United States-$4.58M (-45.1%)
Poland-$1.43M (-22.3%)
Finland-$695k (-20.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Other Electrical Machinery were:
In 2023, Slovakia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.31M
TOP IMPORT POTENTIALChina+ $13.5M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $8.31M.   Other Electrical Machinery’s highest import potential is China with an import gap of $13.5M.

See methodology.

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