Slovakia - Nuclear Reactors, Boilers, Equipment, Machinery, HS Code 84 Slovakia - Nuclear Reactor
Overview
| 2016 | 2017 | 2018 | 2019 (Estimated) | |
| Total Market Size | 7,216,000 | 9,553,846 | 9,587,625 | 9,200,000 |
| Total Local Production | 7,316,000 | 9,640,000 | 9,139,000 | 9,300,000 |
| Total Exports | 9,200,000 | 10,246,720 | 11,233,334 | 10,500,000 |
| Total Imports | 9,100,000 | 10,160,566 | 11,681,959 | 10,400,000 |
| Imports from the U.S. | 106,200 | 88,644 | 81,112 | 90,000 |
| 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 U.S. to Slovakia covered by this Leading Sector, ranked in USD from 2017 to 2018:HS code | ITEM | 2017 | 2018 |
| 84 | Nuclear Reactors, Boilers, Machinery Etc.; Parts | 88,640,652.00 | 81,112,877.00 |
| 8407 | Spark-Ignition Recip Or Rotary Int Comb Piston Eng | 32,784,433.00 | 21,254,662.00 |
| 8413 | Pumps For Liquids; Liquid Elevators; Parts Thereof | 12,357,160.00 | 15,243,919.00 |
| 8471 | Automatic Data Process Machines; Magn Reader Etc | 4,007,701.00 | 5,902,973.00 |
| 8483 | Transmission Shafts, Bearings, Gears Etc; Parts | 2,458,905.00 | 4,417,472.00 |
| 8412 | Engines And Motors Nesoi, And Parts Thereof | 2,004,897.00 | 4,069,727.00 |
| 8421 | Centrifuges; Filter Etc Mach For Liq Or Gases; Pts | 9,288,319.00 | 3,649,444.00 |
| 8479 | Machines Etc Having Individual Functions Nesoi, Pt | 1,936,288.00 | 3,116,676.00 |
| 8481 | Taps, Cocks, Valves Etc For Pipes, Tanks Etc, Pts | 2,298,338.00 | 2,893,246.00 |
| 8429 | Self-Propelled Bulldozers, Graders, Scrapers Etc | 794,937.00 | 2,089,090.00 |
| 8414 | Air Or Vac Pumps, Compr & Fans; Hoods & Fans; Pts | 3,133,611.00 | 1,650,853.00 |
| 8473 | Parts Etc For Typewriters & Other Office Machines | 1,694,068.00 | 1,598,509.00 |
| 8424 | Mech Appl To Disperse Liq Etc; Sand Etc Blast Mach | 522,174.00 | 1,584,853.00 |
| 8477 | Machinery For Working Rubber & Plast Etc Nesoi, Pt | 652,442.00 | 1,561,507.00 |
| 8433 | Harvest Etc Machines, Cleaning Eggs Etc Nesoi, Pts | 1,218,760.00 | 1,099,938.00 |
| 8422 | Machines, Dishwash, Clean Etc Cont & Fill, Pak Etc | 114,231.00 | 999,624.00 |
| 8466 | Parts Etc For Machine Tools Of Head 8456 To 8465 | 970,802.00 | 777,294.00 |
| 8443 | Print Mach Incl Ink-Jet Mach Ancil T Prnt Pt Nesoi | 401,588.00 | 738,422.00 |
Opportunities
Excellent opportunities exist in the energy sector, which is mostly covered by HS Code 84. Slovakia had a shortage of electricity production capacity after closing two 440 MW nuclear reactors at Nuclear Power Plant Jaslovske Bohunice in 2006 and 2008. The Slovak and U.S. governments signed a Joint Declaration Agreement concerning industrial and commercial cooperation in the nuclear energy sector in March 2012.
There is promising U.S. export potential in the renewable energy sector, specifically for thermo solar, biomass, biogas, geothermal, hydro, biofuel and alternative fuel technologies. Despite Slovakia’s extensive use of forestry waste for energy production, it is estimated that about 24% of this resource is currently being utilized. A significant amount of biomass could potentially be used to generate electricity on a large scale, or perhaps be utilized to supply heat for residential and industrial needs. Slovakia has significant geothermal resources, and some of them have high thermodynamic potential. For example, the Kosice basin has areas suitable for development of geothermal projects. Slovakia also has 21 large hydropower plants and 219 small hydropower plants currently in operation. In addition, there are about 250 locations on Slovak rivers (the Danube, Váh, Hron, Bodrog and Hornád) that have nearly 130 MW of generation potential.
Slovakia downsized the maximum allowed by law for installed capacity for photovoltaic power plants to 100 kW. In total, 2,380 photovoltaic power plant projects with a total installed capacity of 686 MW were approved by the end of 2018, which could represent a good export opportunity for U.S. suppliers of photovoltaic technologies. All applications for wind projects are currently on hold, so there is limited potential at this time for U.S. exporters of wind energy technologies.
In addition, opportunities exist for the sale of machines, tools, and production technologies to a number of industries including the construction, food, and automotive industries. A number of new automotive subcontractors have opened production facilities near the three OEM (original equipment manufacturer) automobile manufacturing plants in Slovakia - Volkswagen in Bratislava, Kia in Zilina, PSA/Peugeot in Trnava and Jaguar Land Rover in Nitra.
Web Resources
Statistical Office of the Slovak Republic
Ministry of Economy of the Slovak Republic
Slovenske Elektrarne a.s.
Slovak Energy Agency
Slovak Electricity and Dispatch Company – SEPS
JESS a.s.
Public Procurement Office
Slovak Customs Office