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27 September 2024
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Key Indicators
Overview
Slovakia: Navigating Trade Dynamics in Central Europe
Nestled in the heart of Central Europe, Slovakia boasts a unique blend of historical charm and modern economic prowess. With a GDP ranking of 2024 globally in 2024, the country showcases resilience in its trade landscape.
Introduction:
Slovakia's import market is essential for its economic structure, heavily reliant on the automotive, electronics, and engineering industries. These sectors not only sustain local manufacturing capabilities but also provide substantial opportunities for global exporters.
Economic Overview:
As a small, open economy within the European Union, Slovakia has a significant industrial base, particularly in automotive manufacturing, which dominates its export and import activities. The country ranks as a high-income economy with imports crucial for supporting its manufacturing output and consumption needs. Ongoing investments in technology and renewable energy sectors suggest a shift towards more diversified import needs.
Political and Regulatory Environment:
Slovakia's stable political environment and its EU membership streamline its import regulations, providing a predictable business environment. Recent EU trade agreements and regulatory changes could further influence the import dynamics, particularly in terms of reduced trade barriers and enhanced market access.
Opportunities and Challenges for Exporters:
Exporters can find lucrative opportunities in supplying raw materials and components for automotive and electronics manufacturing. However, challenges include competition from other EU suppliers and regulatory compliance with EU standards.
Positives:
1. Strategic Location: Slovakia's central European location positions it as a gateway for trade between Western and Eastern Europe. Access to major European markets enhances its attractiveness for businesses seeking regional distribution.
2. Industrial Base: Slovakia has developed a robust industrial sector, particularly in automotive manufacturing. Home to major automobile plants, the country's skilled workforce and production capabilities contribute significantly to its export strength.
3. Eurozone Membership: As part of the Eurozone, Slovakia enjoys a stable currency and reduced currency exchange risks, fostering a favorable environment for international trade.
Negatives:
1. Landlocked Geography: Being landlocked limits direct access to seaports, potentially increasing transportation costs and time for imports and exports.
2. Infrastructure Challenges: While improvements have been made, some infrastructure, especially in rural areas, may still require further development to optimize trade efficiency.
3. Economic Dependency: Slovakia's economy has a significant reliance on the automotive industry, exposing it to fluctuations in the global automotive market.
Slovakia import export data, including buyer and supplier names, is available on the Volza Platform.
Slovakia import export data, including buyer and supplier names, is available on the Volza Platform.
Imports:
In September 2023, Slovakia ranked 24th in global imports, with imports valued at 86.42 billion, representing a -1% growth from September 2022.From September 2023 to September 2024, the country's imports amounted to US$269.1 billion, showing a 23% growth from the preceding year.
In 2024, imports totaled 86.42 billion, marking a -25% YOY growth from 2023. Sources of these imports were Germany, Czechia, China, Poland, Rep. of Korea, Hungary, Viet Nam, Russian Federa. Imported products were Electrical machinery and equipment, Vehicles and Parts, Machinery and equipment other than railway or tramway. Suppliers were TESCO INTERNATIONAL, ESPACK EUROLOGISTICA SRO, and TESCO INTERNATIONAL CLOTHING BRAND SRO. Importers in Slovakia were Germany: 14.7%, Czechia: 10.1%, and Other Europe.
Top 10 Import Products:
- Parts of motor vehicles (HS code: 8708) - Core to automotive production.
- Crude petroleum (HS code: 2709) - Essential for energy and processing.
- Computers (HS code: 8471) - IT and technology sector demands.
- Medicaments (HS code: 3004) - Healthcare and pharmaceutical industries.
- Mobile phones (HS code: 8517) - Consumer electronics market.
- Electrical machinery (HS code: 8501) - Various industrial applications.
- Iron and steel (HS code: 7208) - Engineering and construction.
- Plastics (HS code: 3901) - Manufacturing and packaging.
- Furniture (HS code: 9403) - Retail and commercial use.
- Clothing (HS code: 6204) - Consumer retail sector.
Top Buyers from Slovakia:
BIC CONSUMER PRODUCTS a division of BIC USA Inc., VSEOBECNA OBCHODNA A S, VOLKSWAGEN SLOVAKIA
Solution for Global Exporters:
Global exporters should leverage Volza’s online import data to effectively navigate Slovakia’s market. This platform provides insights into current import trends and buyer needs, helping to tailor strategies and capitalize on emerging opportunities. Visit Volza to access detailed import data and strategic support.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 31, May, 2023
Source : Volza Import Data
Slovakia
Import Data
Import Data
8,801,386 Bill of Ladings, 19,450 Buyers & 37,994 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Search Import Export Data
Reach out to the Slovakia Import market Identify verified and active business partners in Slovakia
Slovakia Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
NEW PNEUMATIC TYRES OF RUBBER, OF A KIND |   India | 30-04-2024 | |
ENGINEERING SPARE PARTS / ACCESSORIES / COMPONENT : 906254-0009 / TERMIN | India | 30-04-2024 | |
MOTOR VEHICALE SPARE PARTS / ACCESSORIES / COMPONENT : BRKT ASY RR ST CS | India | 30-04-2024 | |
NEW PNEUMATIC TYRES OF RUBBER OF A KIND | India | 30-04-2024 | |
H081459069 - H081459069 - WH AI TTR L663 | 30-04-2024 | ||
NEW PNEUMATIC TYRES OF RUBBER, OF A KIND | India | 30-04-2024 |
Top 10 Importers
Slovakia Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Slovakia. To assist you in identifying the leading importers in Slovakia, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Slovakia are companies like TESCO INTERNATIONAL, ESPACK EUROLOGISTICA SRO , and TESCO INTERNATIONAL CLOTHING BRAND SRO. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Slovakia Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 45,080 | |
2 | 34,280 | |
3 | 20,068 | |
4 | 17,585 | |
5 | 10,067 | |
6 | 7,373 | |
7 | 6,578 | |
8 | 4,352 | |
9 | 4,207 | |
10 | 3,528 |
Data Source : Volza Import Data
Top 10 Import Products
Slovakia Top 10 Import Products
As the Slovakia import data reveals, the nation's top import products for 2024 were prominently characterized by:- Lady Shoe: 42.17%
- Cotton Knitting Yarn: 31.62%
- Automobile Component: 10.12%
- Baby Pant: 8.16%
- Automotive Door: 3.70%
- Automotive Wiring Harness: 1.86%
- Compressor Valve: 0.99%
- Agricultural Vehicle Tyre: 0.99%
- Pinion Gear: 0.37%
- Split Seal: 0.02%
Slovakia Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | LADY SHOE | 17,126,638 |
2 | COTTON KNITTING YARN | 12,843,432 |
3 | Automobile Component | 4,108,511 |
4 | BABY PANT | 3,315,216 |
5 | Automotive Door | 1,502,115 |
6 | Automotive Wiring Harness | 753,445 |
7 | Compressor Valve | 404,112 |
8 | Agricultural Vehicle Tyre | 400,278 |
9 | Pinion Gear | 152,206 |
10 | Split Seal | 9,320 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Slovakia
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Slovakia Top 1 Import Trading Partners
Slovakia trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 304,412).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Slovakia had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Slovakia import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Slovakia’s major imports from India include Automobile Component, BABY PANT, COTTON KNITTING YARN, Automotive Door, Compressor Valve, Automotive Wiring Harness, LADY SHOE, Pinion Gear, Agricultural Vehicle Tyre, Split Seal, products. The provided chart below breaks down the values in percentile of Slovakia’s top 1 import partners for 2024.
Slovakia Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Slovakia Import Data Sample record
Slovakia import data covers all important shipping details that are essential for businesses to find importers in Slovakia, analyze market trends and identify potential industries. Slovakia trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Slovakia import data sample with complete number of fields available in data.
Slovakia Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 40117000
- Quantity:
- 6,776.1
- Quantity Unit:
- KGS
- Value FC:
- 19,582.93
- Value:
- HS Descirption:
- New pneumatic tyres, of rubber
- Exporter:
- BALKRISHNA INDUSTRIES LIMITED
- Importer:
- BOHNENKAMP SIA
Data Source : Volza Import Data
Slovakia Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Slovakia Top 10 Import Ports
Slovakia's global import trade operates through over 10 ports. Bratislava stands as the predominant port, handling 107,076 import shipments, which constitutes a 38.09% market share. Koper follows with an 20.08% share, accounting for 56,452 shipments, while Galanta contributes a 11.73% market share with its 32,977 shipments. For detailed import trade statistics of each port in Slovakia, refer to the provided links below. Collectively, these ports underscore the integrated nature of Slovakia's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Slovakia.
Slovakia Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Slovakia
- 8,801,386
- Date
- 30-04-2024
- Shipper Name
- BOHNENKAMP S R O OEM
- Consignee Name
- BALKRISHNA INDUSTRIES LIMITED
- Weight Unit
- KGS
- Quantity
- 6,776.1
- Shipment Origin
- India
- Port of origin
- Jnpt