Slovak Republic

Europe
Slovak Republic world map

Trade in Slovak Republic

The Slovak Republic was the world’s 40th largest exporter of goods and 54th largest exporter of commercial services in 2022. Export values were $108.39 billion and $12.56 billion USD respectively. The Slovak Republic’s top export category was Manufactures, followed by Machinery and transport equipment, and Transport equipment. In 2022, The Slovak Republic’s main export destination markets for goods and services trade were to Germany, Czech Republic and Poland, with trade representing 204.12 per cent of GDP. In terms of imports, The Slovak Republic is the world’s 38th largest importer of goods and 57th largest importer of commercial services. Import values were $112.47 billion and $12.17 billion USD respectively in 2022. The Slovak Republic’s top import category was Manufactures, followed by Machinery and transport equipment and Transport equipment. Leading import partners were Germany, Czech Republic and China. The Slovak Republic is part of 47 different Regional Trade Agreements, including EU – Albania and EU – Algeria.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

The Slovak Republic

Abbreviation

SK

Capital

Bratislava

WTO Membership Date

1 January 1995

Legal System

civil law system based on Austro-Hungarian codes; note - legal code modified to comply with the obligations of Organization on Security and Cooperation in Europe

Language

Slovak

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Euro

Exchange Rate

 Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.

  • Ceskoslovenska Obchodni Banka Slovakia - Bratislava, Slovakia - SWIFT: CEKOSKB

  • UniCredit Bank Slovakia AS - Bratislava, Slovakia - SWIFT: UNCRSKBX

  • Tatra Banka a.s. - Bratislava, Slovakia - SWIFT: TATRSKBX

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

  • Slovak Investment and Trade Development Agency

    Trade promotion organization (TPO)

    [email protected]

Government MSME Agency

  • Slovak Guarantee and Development Bank

  • National Agency for Development of Small and Medium Enterprises

    -

  • Slovak Agency for Investment and Trade Development (SARIO)

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.

  • Slovak Office of Standards, Metrology and Testing - UNMS SR
    Phone: +(421 2) 57 485 323
    Website: http://www.normoff.gov.sk

    Stefanovicova 3 - P.O Box 76

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.

  • Úrad pre normalizáciu, metrológiu a skúšobníctvo
    (Slovak Office of Standards, Metrology and Testing – UNMS)
    Phone: +(421 2) 5748 53 23
    Website: http://www.unms.sk

    Štefanovičova 3 – P.O. Box 76
    Bratislava 15

    [email protected]

Additional Information

 ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

 https://taxation-customs.ec.europa.eu/customs-4/calculation-customs-duties/customs-tariff/eu-customs-tariff-taric_en

Last Reviewed: June, 2024

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