2022
Exports
$571MWorld Rnk 42 / 217
Flag Rnk 31 / 1203
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$1.66BWorld Rnk 39 / 224
Flag Rnk 9 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $571M in Packaged Medicaments, making it the 42nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 31st most exported product in Slovakia. The main destination of Packaged Medicaments exports from Slovakia are: Czechia ($263M), Germany ($82M), Latvia ($31M), Austria ($24.2M), and Netherlands ($23.1M).

The fastest growing export markets for Packaged Medicaments of Slovakia between 2021 and 2022 were Czechia ($88.5M), Germany ($7.15M), and Netherlands ($6.73M).

Imports In 2022, Slovakia imported $1.66B in Packaged Medicaments, becoming the 39th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 9th most imported product in Slovakia. Slovakia imports Packaged Medicaments primarily from: Czechia ($325M), Germany ($218M), Switzerland ($174M), Austria ($131M), and Slovenia ($112M).

The fastest growing import markets in Packaged Medicaments for Slovakia between 2021 and 2022 were Slovenia ($39.4M), Belgium ($32.2M), and Switzerland ($26M).

Latest Trends

Aug 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 Packaged Medicaments. 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)$571M
IMPORTS (2022)$1.66B
NET TRADE (2022)-$1.09B

In 2022, Slovakia exported $571M in Packaged Medicaments. The main destinations of Slovakia exports on Packaged Medicaments were Czechia ($263M), Germany ($82M), Latvia ($31M), Austria ($24.2M), and Netherlands ($23.1M).

In 2022, Slovakia imported $1.66B in Packaged Medicaments, mainly from Czechia ($325M), Germany ($218M), Switzerland ($174M), Austria ($131M), and Slovenia ($112M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Czechia$88.5M (50.8%)
Germany$7.15M (9.55%)
Netherlands$6.73M (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Slovakia WERE (2021 - 2022):
Brazil-$8.94M (-62.5%)
United Kingdom-$7.22M (-46.3%)
Slovenia-$3.76M (-85.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Packaged Medicaments were:
In 2022, Slovakia's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $56.3M
TOP IMPORT POTENTIALGermany+ $90.2M

Packaged Medicaments’s highest export potential is Germany. With an export gap of $56.3M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $90.2M.

See methodology.

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