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)

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  • 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...
  • MRP-EURASIA

    MRP-EURASIA

    Market Research, Slovakia

    Who we are MRP-EURASIA - the Public Surveys and Market Research company for 33 countries in Central, Eastern Europe and Central...

Business Tips About Slovakia (9)

Agents and Distributors in Slovakia (12)

  • 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

  • ?achtice Castle ?? The Story Behind One Of The Most Mythical Buildings In Slovakia - Aug 02, 2019

    Nowadays ?achtice is nothing more than a ruin, but centuries ago it used to be the most rumored royal abode of all times – the residence of a woman whose misdemeanors were even crueler than the ones of the infamous Romanian voivode Vlad The Impaler, a.k.a. Count Dracula.

    Source: UKRAINE BUSINESS

  • Slovakia Ranked 45th in World on Children’s Access to Justice - Jul 02, 2019

    Slovakia has been ranked as 45th in the world on how effectively children can use the courts to defend their rights according to new research from Child Rights International Network (CRIN). The new report, ??Rights, Remedies and Representation??, takes into account whether children can bring lawsuits when their rights are violated, the legal resources available to them, [...]

    Source: THE DAILY SLOVAKIA

  • Slovakia Braces for Brexit Blues - Jul 02, 2019

    Now that the ‘not-so United’ Kingdom has set the Brexit time bomb ticking, ripples will be felt across Europe with the Slovak Republic expected to suffer badly. Slovakia has risen to the world number one spot in car manufacturing per capita, but as the British isles sail away from mainland Europe, the impact on the [...]

    Source: THE DAILY SLOVAKIA