Slovakia-Poland Bilateral Trade Analysis 2023

Complete trade statistics: $17.75B total volume โ€ขSlovakia deficit: $1.99B

Slovakia โ†’ Poland

$7.88B

Exports (2023)

Poland โ†’ Slovakia

$9.87B

Imports (2023)

Trade Balance

$1.99B

Deficit for Slovakia

Total Trade

$17.75B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Slovakia and Poland. 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-Poland commercial relationship and competitive positioning in global markets.

Slovakia โ†’ Poland Exports

$7.88B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
12.7% top product
1Telephones for cellular networks or for other wireless networks
$1.00B
12.7% of exports
2Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$268.85M
3.4% of exports
3Reception 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
$265.68M
3.4% of exports
4Vehicles: 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
$232.02M
2.9% of exports
5Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$133.42M
1.7% of exports
6Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$118.89M
1.5% of exports
7Vehicles: parts and accessories, of bodies, other than safety seat belts
$116.38M
1.5% of exports
8Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$109.73M
1.4% of exports
9Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 4.75mm or more but not exceeding 10mm
$103.27M
1.3% of exports
10Pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414
$101.89M
1.3% of exports

๐ŸŽฏ Strategic Export Focus

Slovakia's export portfolio to Poland demonstrates strong diversification across multiple sectors, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.

Poland โ†’ Slovakia Imports

$9.87B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
9.5% concentration
1Electrical energy
$939.38M
9.5% of imports
2Vehicles: parts and accessories, of bodies, other than safety seat belts
$467.30M
4.7% of imports
3Seat: parts
$211.62M
2.1% of imports
4Vehicle parts and accessories: n.e.c. in heading no. 8708
$169.19M
1.7% of imports
5Vehicle parts: brakes, servo-brakes and parts thereof
$151.05M
1.5% of imports
6Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$144.33M
1.5% of imports
7Reception 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
$144.27M
1.5% of imports
8Catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with precious metal or precious metal compounds as the active substance, n.e.c. or included
$134.26M
1.4% of imports
9Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof
$115.78M
1.2% of imports
10Copper: waste and scrap
$115.26M
1.2% of imports

๐Ÿ“ฆ Import Strategy Analysis

Slovakia's import pattern from Poland reveals strategic sourcingin electrical energy, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Slovakia demonstrates competitive strength in exportingtelephones for cellular networks or for other wireless networks to Poland, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $17.75B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Slovakia-Poland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $17.75 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Slovakia maintains a deficit of $1.99 billion
  • Export Focus: Slovakia's primary exports include telephones for cellular networks or for other wireless networks, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, reception 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
  • Import Dependencies: Key imports from Poland include electrical energy, vehicles: parts and accessories, of bodies, other than safety seat belts, seat: parts

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $17.75B 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 telephones for cellular networks or for other wireless networks.

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 telephones for cellular networks or for other wireless networkscomplements Poland's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electrical energy.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $17.75B bilateral relationship.

Trade Pattern Insights

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

Trade Relationship Outlook

The $17.75B 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 $17.75 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in telephones for cellular networks or for other wireless networks and electrical energy demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Slovakia's trade deficit of $1.99 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc present expansion opportunities.
Market Diversification
Beyond current focus on electrical energy, 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 telephones for cellular networks or for other wireless networks 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 Poland represents a total trade volume of $17.75 billion in 2023. This partnership demonstrates an unfavorable trade balance for Slovakia, with imports exceeding exportsby $1.99 billion.

Export Strengths

Slovakia's exports to Poland total $7.88 billion, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $1.00B or12.7% of bilateral exports.

Import Dependencies

Imports from Poland amount to $9.87 billion, highlighting economic interdependence in electrical energy, with Electrical energy comprising9.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Slovakia's strategic sourcing from Poland. 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 Poland 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