2022
Exports
$2.57BWorld Rnk 45 / 214
Flag Rnk 6 / 1203
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$1.42BWorld Rnk 96 / 225
Flag Rnk 11 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $2.57B in Refined Petroleum, making it the 45th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most exported product in Slovakia. The main destination of Refined Petroleum exports from Slovakia are: Czechia ($781M), Hungary ($670M), Poland ($337M), Austria ($321M), and Ukraine ($253M).

The fastest growing export markets for Refined Petroleum of Slovakia between 2021 and 2022 were Hungary ($317M), Ukraine ($252M), and Czechia ($121M).

Imports In 2022, Slovakia imported $1.42B in Refined Petroleum, becoming the 96th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most imported product in Slovakia. Slovakia imports Refined Petroleum primarily from: Czechia ($747M), Austria ($218M), Germany ($147M), Hungary ($117M), and Poland ($62.3M).

The fastest growing import markets in Refined Petroleum for Slovakia between 2021 and 2022 were Czechia ($269M), Germany ($89.1M), and Hungary ($57.8M).

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 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 (2022)$2.57B
IMPORTS (2022)$1.42B
NET TRADE (2022)$1.16B

In 2022, Slovakia exported $2.57B in Refined Petroleum. The main destinations of Slovakia exports on Refined Petroleum were Czechia ($781M), Hungary ($670M), Poland ($337M), Austria ($321M), and Ukraine ($253M).

In 2022, Slovakia imported $1.42B in Refined Petroleum, mainly from Czechia ($747M), Austria ($218M), Germany ($147M), Hungary ($117M), and Poland ($62.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Hungary$317M (89.7%)
Ukraine$252M (17.5k%)
Czechia$121M (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Slovakia WERE (2021 - 2022):
Switzerland-$1.95M (-99.6%)
Belgium-$1.73M (-99.8%)
Bulgaria-$707k (-56.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Refined Petroleum were:
In 2022, 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
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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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