Slovakia’s Main Export Products

Slovakia is the European country bordered by Poland, the Czech Republic, Hungary, Austria and Ukraine. The original Czechoslovakia separated peacefully in 1993 to form two countries, the Czech Republic and Slovakia or Slovak Republic. Fraught with many problems, the country had difficulty economically but due to the acceptance into the European Union in 2004, trade has improved for Slovakia as member states may trade freely with one another.

According to various governments’ published statistics (Slovak, American, and Canadian), Germany purchases the largest amount of Slovakia’s available exports representing roughly twenty four percent of total exports in 2006. Other countries that purchase Slovakia exports are:

The total dollar value of 2006 exports was $41.5 billion including vehicles, iron and steel, machinery, energy equipment, plastics and fiber optics. Other exports were electric and electronic equipment, mineral fuels and oil.

The automobile sector is the largest export-oriented sector in the country. According to several leading business magazines, Slovakia recently announced that it had doubled its 2007 production of cars. This feat makes the country the world’s number one producer per capita. And one might wonder what type of cars are indicative of Slovakia but they do not have their own models but rather permit factories from Volkswagen, Kia and Peugeot to conduct operations in Slovakia.

Germany imports a diverse array of products from Slovakia. Some of the higher dollar valued products are milk and cream products, cereal preparations, tobacco, alcoholic beverages, petroleum oils and gases, organic compounds and chemicals, medicine, plastics, rubber tires, piston engines, motors, telecommunications equipment, machinery, paper and paperboard, yarns, pottery, iron, steel, nails and base metals.

United States typically purchases synthetic cloth and fabrics, unmanufactured leathers, photo chemicals, shingles, molding and wallboard, iron and steel, finished metals, generators and transformers, electric parts, industrial engines and pumps, pulp and paper machinery, computer accessories, semiconductors, telephone equipment, passenger cars, footwear, furniture, glassware and porcelain, and kitchen appliances. The greatest dollar value in imported goods to the US for some years now has been cars.

Canada mainly buys iron and steel products, passenger cars, organic chemicals, machinery, furniture, bedding and footwear (shoes and stockings) from Slovakia. The highest dollar valued goods are cars, automotive parts, natural gas, paper, oils, wood and furniture which includes bedding, mattresses, cushions and other stuffed furnishings.