Slovakia

Compare Slovakia →

SK · SVK · BACI 703 · latest data 2024

Exports

$107.9B USD, nominal · 2024

= $107,860 M24.8% over 5 yrs (up)

Imports

$109.8B USD, nominal · 2024

= $109,791 M23.9% over 5 yrs (up)

Trade balancedeficit

−$1.9B USD, nominal · 2024

= −$1,932 M

Total trade

$217.7B USD, nominal · 2024

= $217,651 M24.3% over 5 yrs (up)

World position: #38 of 225 exporters · top 25% · #38 of 225 importers · top 25% · 2024
World export share since 1995: +0.3 pp

Trade timeline

Slovakia's exports grew from $9.6B in 1995 to $107.9B in 2024; the 2024 balance was −$1.9B.

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Exports, imports, trade balance and total trade of Slovakia per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$9,618 M	$9,590 M	$28 M	$19,207 M
1996	$9,693 M	$11,979 M	−$2,286 M	$21,672 M
1997	$10,028 M	$12,664 M	−$2,635 M	$22,692 M
1998	$11,433 M	$13,985 M	−$2,552 M	$25,418 M
1999	$11,102 M	$12,044 M	−$942 M	$23,146 M
2000	$12,219 M	$13,494 M	−$1,275 M	$25,714 M
2001	$13,528 M	$15,509 M	−$1,981 M	$29,037 M
2002	$16,462 M	$17,662 M	−$1,201 M	$34,124 M
2003	$23,043 M	$23,696 M	−$652 M	$46,739 M
2004	$27,852 M	$28,981 M	−$1,129 M	$56,832 M
2005	$31,459 M	$33,813 M	−$2,354 M	$65,272 M
2006	$41,334 M	$44,162 M	−$2,829 M	$85,496 M
2007	$55,134 M	$58,547 M	−$3,414 M	$113,681 M
2008	$65,590 M	$72,582 M	−$6,992 M	$138,172 M
2009	$51,785 M	$52,511 M	−$726 M	$104,296 M
2010	$61,485 M	$63,739 M	−$2,255 M	$125,224 M
2011	$73,460 M	$75,986 M	−$2,525 M	$149,446 M
2012	$73,478 M	$73,959 M	−$480 M	$147,437 M
2013	$78,056 M	$80,617 M	−$2,561 M	$158,672 M
2014	$78,439 M	$81,096 M	−$2,656 M	$159,535 M
2015	$69,465 M	$74,663 M	−$5,199 M	$144,128 M
2016	$73,612 M	$74,261 M	−$649 M	$147,873 M
2017	$78,650 M	$81,590 M	−$2,941 M	$160,240 M
2018	$86,981 M	$90,405 M	−$3,424 M	$177,385 M
2019	$86,439 M	$88,617 M	−$2,178 M	$175,056 M
2020	$78,497 M	$82,425 M	−$3,928 M	$160,922 M
2021	$97,008 M	$101,655 M	−$4,647 M	$198,662 M
2022	$102,895 M	$111,117 M	−$8,222 M	$214,012 M
2023	$107,425 M	$110,346 M	−$2,921 M	$217,771 M
2024	$107,860 M	$109,791 M	−$1,931 M	$217,651 M

30 rows

World share & rank

World export share moved from 0.2% in 1995 to 0.5% in 2024; export rank #49 → #38.

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World export and import share in percent, and world ranks, of Slovakia per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.19%	0.19%	#49	#51
1996	0.18%	0.22%	#51	#48
1997	0.18%	0.23%	#51	#49
1998	0.21%	0.25%	#47	#48
1999	0.19%	0.21%	#51	#48
2000	0.19%	0.21%	#54	#51
2001	0.21%	0.25%	#51	#49
2002	0.25%	0.27%	#48	#45
2003	0.30%	0.31%	#48	#45
2004	0.30%	0.31%	#48	#45
2005	0.30%	0.32%	#49	#45
2006	0.34%	0.37%	#49	#44
2007	0.39%	0.42%	#47	#44
2008	0.41%	0.45%	#49	#42
2009	0.42%	0.42%	#45	#43
2010	0.41%	0.42%	#47	#44
2011	0.41%	0.42%	#50	#40
2012	0.41%	0.41%	#51	#42
2013	0.43%	0.44%	#46	#37
2014	0.43%	0.44%	#41	#39
2015	0.43%	0.47%	#39	#39
2016	0.47%	0.47%	#38	#39
2017	0.45%	0.47%	#39	#39
2018	0.46%	0.47%	#40	#40
2019	0.47%	0.48%	#39	#39
2020	0.46%	0.48%	#38	#38
2021	0.45%	0.47%	#39	#38
2022	0.43%	0.46%	#41	#38
2023	0.48%	0.49%	#38	#38
2024	0.47%	0.48%	#38	#38

30 rows

Trading partners

Germany was Slovakia's top trading partner in 2024, at 17.9% of total trade; the top five partners covered 49.2%.

Year

Top partner share: 17.9%
Top-5 share: 49.2%
Partners: 224
Partner HHI (0–1): 0.070

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Germany $21.7B

Czechia $10.3B

Hungary $8.7B

United States $6.3B

Poland $6.2B

United Kingdom $5.8B

France $5.0B

Italy $4.6B

Austria $4.5B

China $4.1B

Romania $2.8B

Spain $2.5B

South Korea $663M

Russia $236M

Vietnam $48M

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Top partners of Slovakia in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$21,657 M	$17,364 M	$39,021 M	$4,293 M
#2	Czechia	$10,333 M	$14,757 M	$25,089 M	−$4,424 M
#3	Hungary	$8,694 M	$6,781 M	$15,475 M	$1,912 M
#4	Poland	$6,183 M	$8,608 M	$14,792 M	−$2,425 M
#5	China	$4,067 M	$8,655 M	$12,722 M	−$4,589 M
#6	Italy	$4,590 M	$3,924 M	$8,514 M	$666 M
#7	United States	$6,337 M	$1,735 M	$8,072 M	$4,601 M
#8	France	$5,009 M	$3,042 M	$8,052 M	$1,967 M
#9	Austria	$4,484 M	$3,395 M	$7,879 M	$1,089 M
#10	United Kingdom	$5,818 M	$1,810 M	$7,628 M	$4,008 M
#11	South Korea	$663 M	$5,921 M	$6,584 M	−$5,258 M
#12	Romania	$2,836 M	$2,168 M	$5,004 M	$668 M
#13	Russia	$236 M	$4,719 M	$4,956 M	−$4,483 M
#14	Vietnam	$48 M	$4,727 M	$4,775 M	−$4,678 M
#15	Spain	$2,527 M	$2,199 M	$4,726 M	$328 M

15 rows

Products & sectors

Product composition of Slovakia's trade in 2024.

Year

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Concentration & risk

Slovakia's export partners diversified over 1995–2024 — HHI 0.157 → 0.076, a diversified export base across 202 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Slovakia per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.157	0.140	161	168
1996	0.148	0.130	157	168
1997	0.134	0.116	160	162
1998	0.148	0.128	166	155
1999	0.139	0.124	165	156
2000	0.121	0.126	182	181
2001	0.124	0.121	184	187
2002	0.136	0.107	184	196
2003	0.157	0.111	189	187
2004	0.120	0.105	190	206
2005	0.105	0.101	183	205
2006	0.090	0.098	188	211
2007	0.079	0.091	188	204
2008	0.078	0.086	187	215
2009	0.081	0.083	187	206
2010	0.080	0.085	192	209
2011	0.083	0.091	192	209
2012	0.084	0.091	193	205
2013	0.081	0.087	193	213
2014	0.084	0.084	198	210
2015	0.082	0.085	202	216
2016	0.081	0.083	202	219
2017	0.078	0.082	195	220
2018	0.076	0.083	201	217
2019	0.084	0.080	201	218
2020	0.082	0.085	195	217
2021	0.080	0.082	198	218
2022	0.078	0.078	202	220
2023	0.076	0.075	197	221
2024	0.076	0.071	202	223

30 rows

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