Foreign trade is important to Slovakia’s economy. Crude oil, natural gas, machinery, and transportation equipment are Slovakia’s main imports. Exports include machinery, chemicals, fuels, steel, and weapons. The Czech Republic, Austria, Germany, and Russia are Slovakia’s leading trade partners. The upward trend in import business was stimulated by increased deliveries for the automobile industry as well as the electronic home entertainment sector, along with growing purchases of crude oil.
Opportunities for UK businesses
Slovakia is a country of 5.4 million strategically located at the geographic heart of Europe. Slovakia’s stable macroeconomic policies have made it a good place for UK exporters to do business. Best prospects for UK businesses include: machinery, medical equipment, automotive parts and components, chemical products and plastics.
Visit Export Britain for more information and to find support in this market.