2022
Exports
$96.3MWorld Rnk 39 / 216
Flag Rnk 164 / 1203
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$241MWorld Rnk 43 / 224
Flag Rnk 97 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $96.3M in Other Electrical Machinery, making it the 39th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 164th most exported product in Slovakia. The main destination of Other Electrical Machinery exports from Slovakia are: Czechia ($18.1M), Germany ($11.6M), Denmark ($8.4M), United States ($7.52M), and Poland ($7.03M).

The fastest growing export markets for Other Electrical Machinery of Slovakia between 2021 and 2022 were China ($3.3M), Denmark ($1.77M), and Argentina ($1.63M).

Imports In 2022, Slovakia imported $241M in Other Electrical Machinery, becoming the 43rd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 97th most imported product in Slovakia. Slovakia imports Other Electrical Machinery primarily from: Germany ($64.2M), Czechia ($27.9M), Poland ($23M), Spain ($22.7M), and China ($22.5M).

The fastest growing import markets in Other Electrical Machinery for Slovakia between 2021 and 2022 were Poland ($16.2M), Germany ($16.2M), and Spain ($13.8M).

Latest Trends

Oct 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 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 (2022)$96.3M
IMPORTS (2022)$241M
NET TRADE (2022)-$144M

In 2022, Slovakia exported $96.3M in Other Electrical Machinery. The main destinations of Slovakia exports on Other Electrical Machinery were Czechia ($18.1M), Germany ($11.6M), Denmark ($8.4M), United States ($7.52M), and Poland ($7.03M).

In 2022, Slovakia imported $241M in Other Electrical Machinery, mainly from Germany ($64.2M), Czechia ($27.9M), Poland ($23M), Spain ($22.7M), and China ($22.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
China$3.3M (330%)
Denmark$1.77M (26.7%)
Argentina$1.63M (49.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Slovakia WERE (2021 - 2022):
Poland-$6.69M (-48.7%)
Germany-$6.56M (-36.1%)
Bulgaria-$3.37M (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Other Electrical Machinery were:
In 2022, 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
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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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