Overview
| 2020 | 2021 | 2022 | 2023 (Estimated) | |
| Total Market Size | 431,061 | 1,039,841 | 816,003 | 861,700 |
| Total Local Production | 2,120 | 1,698 | 1,729 | 1,700 |
| Total Exports | 29,250 | 46,449 | 42,760 | 40,000 |
| Total Imports | 458,191 | 1,084,592 | 857,034 | 900,000 |
| Imports from the U.S. | 101,033 | 56,182 | 44,745 | 50,000 |
| Exchange Rate: 1 USD | 1.13 | 1.18 | 1.195 | 1.19 |
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, Eurostat
Total Imports: Global Trade Atlas, Eurostat
Imports from U.S.: Global Trade Atlas, Eurostat
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 2021 to 2022:
| HS code | ITEM | 2021 | 2022 |
| 26 | Ores, Slag and Ash | 56,182,736 | 44,745,573 |
| 2601 | Iron Ores and Concentrates, Including Roasted Iron Pyrites | 51,169,012 | 41,015,807 |
| 2620 | Ash and Residues (Except from Iron or Steel Manufacture) Containing Arsenic, Metals or Their Compounds | 5,005,727 | 3,729,766 |
| 2606 | Aluminum Ores and Concentrates | 25 | 1 |
| 2615 | Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates | 7,972 |
Opportunities
Iron ores and concentrates are used primarily to produce iron and steel. There are three main producers of iron and steel in Slovakia - U.S. Steel Kosice, Zeleziarne Podbrezova, and the Indo-Spanish joint venture Arcelor Mittal Gonvarri. The United States is the largest supplier of slag, ash, and residues containing mainly copper, which are used by the automotive, chemical, and other industries for further reprocessing and production of final goods.
Resources
Statistical Office of the Slovak Republic
Eurostat
Ministry of Economy of the Slovak Republic
Contact: marian.volent@trade.gov