2023
Exports
$2.18BWorld Rnk 51 / 214
Flag Rnk 5 / 1200
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$1.21BWorld Rnk 99 / 226
Flag Rnk 13 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $2.18B in Refined Petroleum, making it the 51st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Slovakia. The main destination of Refined Petroleum exports from Slovakia are: Czechia ($775M), Hungary ($563M), Ukraine ($358M), Austria ($179M), and Poland ($122M).

The fastest growing export markets for Refined Petroleum of Slovakia between 2022 and 2023 were Ukraine ($120M), Hungary ($57.3M), and Germany ($42.2M).

Imports In 2023, Slovakia imported $1.21B in Refined Petroleum, becoming the 99th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 13th most imported product in Slovakia. Slovakia imports Refined Petroleum primarily from: Czechia ($545M), Austria ($264M), Germany ($172M), Hungary ($98.7M), and Poland ($27.9M).

The fastest growing import markets in Refined Petroleum for Slovakia between 2022 and 2023 were Austria ($26.2M), Germany ($20.4M), and Sweden ($5.01M).

Latest Trends

Dec 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 Refined Petroleum. 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)$2.18B
IMPORTS (2023)$1.21B
NET TRADE (2023)$976M

In 2023, Slovakia exported $2.18B in Refined Petroleum. The main destinations of Slovakia exports on Refined Petroleum were Czechia ($775M), Hungary ($563M), Ukraine ($358M), Austria ($179M), and Poland ($122M).

In 2023, Slovakia imported $1.21B in Refined Petroleum, mainly from Czechia ($545M), Austria ($264M), Germany ($172M), Hungary ($98.7M), and Poland ($27.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Ukraine$120M (50.8%)
Hungary$57.3M (11.3%)
Germany$42.2M (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Slovakia WERE (2022 - 2023):
Poland-$226M (-65%)
Austria-$185M (-50.8%)
Serbia-$63.5M (-65.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Refined Petroleum were:
In 2023, Slovakia's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $110M
TOP IMPORT POTENTIALGermany+ $38.3M

Refined Petroleum’s highest export potential is Austria. With an export gap of $110M.   Refined Petroleum’s highest import potential is Germany with an import gap of $38.3M.

See methodology.

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