2023
Exports
$11.7MWorld Rnk 18 / 161
Flag Rnk 434 / 1200
2023
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.42Rnk 59 / 1025
2023
Imports
$19.6MWorld Rnk 18 / 218
Flag Rnk 482 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $11.7M in Soldering and Welding Machinery, making it the 18th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 434th most exported product in Slovakia. The main destination of Soldering and Welding Machinery exports from Slovakia are: Italy ($3.34M), Czechia ($2.97M), Austria ($1.01M), China ($667k), and France ($632k).

The fastest growing export markets for Soldering and Welding Machinery of Slovakia between 2022 and 2023 were Italy ($3.26M), Czechia ($2.4M), and North Macedonia ($534k).

Imports In 2023, Slovakia imported $19.6M in Soldering and Welding Machinery, becoming the 18th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 482nd most imported product in Slovakia. Slovakia imports Soldering and Welding Machinery primarily from: South Korea ($7.99M), Germany ($3.18M), Japan ($2.86M), Czechia ($1.96M), and France ($1.28M).

The fastest growing import markets in Soldering and Welding Machinery for Slovakia between 2022 and 2023 were South Korea ($7.21M), Japan ($2.4M), and Germany ($1.66M).

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 Soldering and Welding 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)$11.7M
IMPORTS (2023)$19.6M
NET TRADE (2023)-$7.9M

In 2023, Slovakia exported $11.7M in Soldering and Welding Machinery. The main destinations of Slovakia exports on Soldering and Welding Machinery were Italy ($3.34M), Czechia ($2.97M), Austria ($1.01M), China ($667k), and France ($632k).

In 2023, Slovakia imported $19.6M in Soldering and Welding Machinery, mainly from South Korea ($7.99M), Germany ($3.18M), Japan ($2.86M), Czechia ($1.96M), and France ($1.28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Italy$3.26M (4.22k%)
Czechia$2.4M (418%)
North Macedonia$534k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Slovakia WERE (2022 - 2023):
Turkey-$410k (-98.8%)
Belgium-$384k (-85.5%)
Spain-$309k (-96.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Soldering and Welding Machinery were:
In 2023, Slovakia's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $289k
TOP IMPORT POTENTIALAustria+ $424k

Soldering and Welding Machinery’s highest export potential is China. With an export gap of $289k.   Soldering and Welding Machinery’s highest import potential is Austria with an import gap of $424k.

See methodology.

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