This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/12/2019
Overview
 2016201720182019 (Estimated)
Total Market Size7,340,2297,821,49711,401,54610,500,000
Total Local Production5,000,0004,500,0006,830,0006,000,000
Total Exports2,559,0103,770,0573,534,4203,500,000
Total Imports4,899,2397,091,5548,105,9668,000,000
Imports from the U.S.15,79582,97053,86860,000
Exchange Rate: 1 USD1.10691.12971.18101.14
USD thousands (total market size = (total local production + imports) - exports)
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 codeITEM20162017
27Mineral Fuel, Oil Etc.; Bitumin Subst; Mineral Wax83,365,270.0053,868,018.00
2701Coal; Briquettes, Ovoids Etc. Mfr From Coal75,253,497.0043,549,564.00
2713Petroleum Coke, Petroleum Bitumen & Other Residues7,262,415.009,543,094.00
2710Oil (Not Crude) From Petrol & Bitum Mineral Etc.818,499.00604,875.00
2715Bit Mix Fr Nat Asph, Nat Bit,Pet Bit,Min Tar Or Pt26,915.00168,700.00
2712Petroleum Jelly; Mineral Waxes & Similar Products3,944.001,786.00
Opportunities
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.


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