Slovakia-France Bilateral Trade Analysis 2023

Complete trade statistics: $9.60B total volume โ€ขSlovakia surplus: $2.60B

Slovakia โ†’ France

$6.10B

Exports (2023)

France โ†’ Slovakia

$3.50B

Imports (2023)

Trade Balance

$2.60B

Surplus for Slovakia

Total Trade

$9.60B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Slovakia and France. Green line shows exports from Slovakia, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Slovakia-France commercial relationship and competitive positioning in global markets.

Slovakia โ†’ France Exports

$6.10B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
18.5% top product
1Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$1.13B
18.5% of exports
2Vehicles: with only electric motor for propulsion
$895.35M
14.7% of exports
3Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc
$370.77M
6.1% of exports
4Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
$245.24M
4.0% of exports
5Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$226.70M
3.7% of exports
6Vehicle parts and accessories: n.e.c. in heading no. 8708
$188.65M
3.1% of exports
7Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$160.82M
2.6% of exports
8Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
$158.97M
2.6% of exports
9Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$88.36M
1.4% of exports
10Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1
$87.71M
1.4% of exports

๐ŸŽฏ Strategic Export Focus

Slovakia's export portfolio to France demonstrates strong diversification across multiple sectors, with vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc representing a key competitive advantage in this bilateral market.

France โ†’ Slovakia Imports

$3.50B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
5.3% concentration
1Vehicles: parts and accessories, of bodies, other than safety seat belts
$185.27M
5.3% of imports
2Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc
$152.29M
4.4% of imports
3Electric motors: of an output not exceeding 37.5W
$151.04M
4.3% of imports
4Vehicle parts and accessories: n.e.c. in heading no. 8708
$124.92M
3.6% of imports
5Vehicle parts: gear boxes and parts thereof
$71.44M
2.0% of imports
6Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$67.98M
1.9% of imports
7Boilers: parts of central heating boilers (excluding those of heading no. 8402)
$63.99M
1.8% of imports
8Steel, alloy: flat-rolled, width 600mm or more, n.e.c. in heading no. 7225, (other than plated or coated with zinc)
$58.19M
1.7% of imports
9Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines
$51.19M
1.5% of imports
10Ignition or starting equipment: parts of the equipment of heading no. 8511, for use in spark-ignition or compression-ignition internal combustion engines
$47.40M
1.4% of imports

๐Ÿ“ฆ Import Strategy Analysis

Slovakia's import pattern from France reveals significant dependencyin vehicles: parts and accessories, of bodies, other than safety seat belts, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Slovakia demonstrates competitive strength in exportingvehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc to France, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $9.60B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Slovakia-France Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $9.60 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Slovakia maintains a surplus of $2.60 billion
  • Export Focus: Slovakia's primary exports include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, vehicles: with only electric motor for propulsion, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc
  • Import Dependencies: Key imports from France include vehicles: parts and accessories, of bodies, other than safety seat belts, engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc, electric motors: of an output not exceeding 37.5w

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $9.60B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Slovakia leveraging its comparative advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Slovakia's specialization in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cccomplements France's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: parts and accessories, of bodies, other than safety seat belts.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $9.60B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $9.60B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $9.60 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
๐Ÿญ

Industrial Integration

Trade flows in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc and vehicles: parts and accessories, of bodies, other than safety seat belts demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Slovakia's trade surplus of $2.60 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in vehicles: with only electric motor for propulsion present expansion opportunities.
Market Diversification
Beyond current focus on vehicles: parts and accessories, of bodies, other than safety seat belts, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Slovakia and France represents a total trade volume of $9.60 billion in 2023. This partnership demonstrates a favorable trade balance for Slovakia, with exports exceeding importsby $2.60 billion.

Export Strengths

Slovakia's exports to France total $6.10 billion, with competitive advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, representing $1.13B or18.5% of bilateral exports.

Import Dependencies

Imports from France amount to $3.50 billion, highlighting economic interdependence in vehicles: parts and accessories, of bodies, other than safety seat belts, with Vehicles: parts and accessories, of bodies, other than safety seat belts comprising5.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Slovakia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Slovakia and France in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023