2022
Exports
$10.5MWorld Rnk 22 / 194
Flag Rnk 473 / 1203
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$11.6MWorld Rnk 29 / 217
Flag Rnk 585 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $10.5M in Wood Ornaments, making it the 22nd largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 473rd most exported product in Slovakia. The main destination of Wood Ornaments exports from Slovakia are: Germany ($3.31M), Austria ($2.06M), Hungary ($1.22M), Czechia ($1.13M), and Poland ($853k).

The fastest growing export markets for Wood Ornaments of Slovakia between 2021 and 2022 were Germany ($1.1M), Austria ($990k), and Hungary ($306k).

Imports In 2022, Slovakia imported $11.6M in Wood Ornaments, becoming the 29th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 585th most imported product in Slovakia. Slovakia imports Wood Ornaments primarily from: Germany ($1.93M), Czechia ($1.68M), Netherlands ($1.56M), China ($1.53M), and Hungary ($1.51M).

The fastest growing import markets in Wood Ornaments for Slovakia between 2021 and 2022 were Czechia ($861k), Germany ($842k), and Netherlands ($700k).

Latest Trends

Sep 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 Wood Ornaments. 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)$10.5M
IMPORTS (2022)$11.6M
NET TRADE (2022)-$1.06M

In 2022, Slovakia exported $10.5M in Wood Ornaments. The main destinations of Slovakia exports on Wood Ornaments were Germany ($3.31M), Austria ($2.06M), Hungary ($1.22M), Czechia ($1.13M), and Poland ($853k).

In 2022, Slovakia imported $11.6M in Wood Ornaments, mainly from Germany ($1.93M), Czechia ($1.68M), Netherlands ($1.56M), China ($1.53M), and Hungary ($1.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Germany$1.1M (49.4%)
Austria$990k (92.5%)
Hungary$306k (33.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Slovakia WERE (2021 - 2022):
Belgium-$771k (-99.6%)
Poland-$70.4k (-7.63%)
France-$24.1k (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Slovakia's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $380k
TOP IMPORT POTENTIALChina+ $898k

Wood Ornaments’s highest export potential is Poland. With an export gap of $380k.   Wood Ornaments’s highest import potential is China with an import gap of $898k.

See methodology.

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