Slovakia - Mineral Fuel, Oil, Bituminous Substances, HS Code 27 Slovakia - Mineral Fuel, Oil, Bitumin
2016 | 2017 | 2018 | 2019 (Estimated) | |
Total Market Size | 7,340,229 | 7,821,497 | 11,401,546 | 10,500,000 |
Total Local Production | 5,000,000 | 4,500,000 | 6,830,000 | 6,000,000 |
Total Exports | 2,559,010 | 3,770,057 | 3,534,420 | 3,500,000 |
Total Imports | 4,899,239 | 7,091,554 | 8,105,966 | 8,000,000 |
Imports from the U.S. | 15,795 | 82,970 | 53,868 | 60,000 |
Exchange Rate: 1 USD | 1.1069 | 1.1297 | 1.1810 | 1.14 |
Data Sources:
Total Local Production: Statistical Office of the Slovak Republic
Total Exports: Global Trade Atlas
Total Imports: Global Trade Atlas
Imports from U.S.: Global Trade Atlas
Exchange Rate: European Central Bank
Leading Sub-Sectors
The following specific items were the leading exports from the United States to Slovakia covered by this Leading Sector, ranked in USD from 2017 to 2018:
HS code | ITEM | 2016 | 2017 |
27 | Mineral Fuel, Oil Etc.; Bitumin Subst; Mineral Wax | 83,365,270.00 | 53,868,018.00 |
2701 | Coal; Briquettes, Ovoids Etc. Mfr From Coal | 75,253,497.00 | 43,549,564.00 |
2713 | Petroleum Coke, Petroleum Bitumen & Other Residues | 7,262,415.00 | 9,543,094.00 |
2710 | Oil (Not Crude) From Petrol & Bitum Mineral Etc. | 818,499.00 | 604,875.00 |
2715 | Bit Mix Fr Nat Asph, Nat Bit,Pet Bit,Min Tar Or Pt | 26,915.00 | 168,700.00 |
2712 | Petroleum Jelly; Mineral Waxes & Similar Products | 3,944.00 | 1,786.00 |
Black coal and briquettes made from black coal are used primarily for production of iron and steel. There are three main producers of iron and steel in Slovakia - U.S. Steel Kosice, Zeleziarne Podbrezova, and Indo-Spanish joint venture ArcelorMittal Gonvarri. There is also growing import demand for petroleum coke, petroleum bitumen, bituminous coal, and petroleum jelly, which are used by the chemical industry and other industries for further reprocessing and the production of final goods.
Web Resources
Statistical Office of the Slovak Republic
Ministry of Economy of the Slovak Republic
Slovak Customs Office Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.