International Trade in Slovakia

International Trade in Slovakia

Since 2000, Slovakia has been experiencing a sustained and steady GDP growth rate, notably induced by its integration into the European Union in May 2004. The taxation system is well-adapted to the needs of trade and the workforce is highly qualified. The country also benefits from an... Read more

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Market Analyses About Slovakia (26)

Import and Export Services in Slovakia (288)

  • Has Kaucuk

    Has Kaucuk

    Advertising, Slovakia

    Being active as from 1995, HAS KAUÇUK A.Ş. continues its activities as leader of the sector with its expert technical staff and...


    Market Research, Slovakia

    Who we are “Market Research & Polls – EURASIA” (MRP-EURASIA) - Market research services company in CEE FSU CA...

Business Tips About Slovakia (9)

Agents and Distributors in Slovakia (10)

  • MARKETiN CEE s.r.o.

    MARKETiN CEE s.r.o.

    Market Entry, Slovakia

    MARKETiN CEE is a strategy and marketing consultancy providing market research, business intelligence and local support for business...
  • Acumen International

    Acumen International

    HR Outsourcing, Slovakia

    Acumen International is a Global Employer of Record and a pioneer of Express Global Employment solutions. Having spotted our...

Overview About International Trade in Slovakia

Main Industry Sectors

The agriculture sector is not much developed in Slovakia and it represents less than 3.5% of the GDP. The main agricultural products in the country are cereals, potatoes, sugar beets and grapes. The mountainous area of Slovakia has vast forests and pastures which are used for intensive sheep grazing, and it is rich in mineral resources including iron, copper, lead, and zinc.

The secondary sector represents about a third of the GDP. The heavy industry sector such as metal and steel are still in a restructuring phase. High value-added industries such as electronics, engineering and petro-chemicals are installed in the western part of the country. Some sectors, like the automobile and consumer goods, offer attractive investment opportunities to foreign investors.

The services sector represents about 60% of the GDP. It is dominated by trade and real estate.  The development of tourism can also become an important sector for the Slovak economy in the next following years.


Economic Overview

Since 2000, Slovakia has been experiencing a sustained and steady GDP growth rate, notably induced by its integration into the European Union in May 2004. 

The taxation system is well

News Related to International Trade in Slovakia

  • Slovakia Urged To Redouble Efforts Against Tax Evasion - Mar 28, 2017

    Slovakia should tackle value-added tax and corporate tax evasion, the International Monetary Fund has said.

    Source: Tax News

  • Slovakia prepared to issue ?100M bank guarantee for Iran - Mar 09, 2017

    Slovakia prepared to issue ?100M bank guarantee for Iran

    Source: TREND

  • Slovakia: Economy Overview - Mar 01, 2017

    Slovakia has made significant economic reforms since its separation from the Czech Republic in 1993. Reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia to consolidate its budget and get on track to join the EU in 2004 and to adopt the euro in January 2009.

    Source: EU BUSINESS