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Slovakia

Slovakia ranked No. 66 in total trade value through October with a total of $3.36 billion. Exports totaled $244.29 million and Imports totaled $3.12 billion, a deficit of $2.87 billion.

January – October 2018

Top Trading Ports

Total Trade: $3.36 billion

RankPortTotal YTD
1Port of Providence, R.I. $695,980,640
2Port of Houston $682,788,100
3Port of Jacksonville, Fla. $386,089,080
4Port of San Diego, Calif. $256,440,427
5Port of Newark $207,493,537
6Carquinez Strait, Calif. $151,257,528
7Port of Charleston $140,253,175
8Port of Virginia $76,971,725
9Chicago O’Hare International Airport $66,334,569
10Port of Savannah, Ga. $52,281,226

U.S. trade with Slovakia rose to $3.36 billion through October

Slovakia’s trade with the United States rose to $3.36 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 20.4 percent above its total trade during the same time period last year. Slovakia’s exports decreased 35.12 percent while imports rose 29.05 percent. The U.S. deficit with Slovakia was $2.87 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Providence, R.I.; No. 2 Port of Houston; No. 3 Port of Jacksonville, Fla.; No. 4 Port of San Diego, Calif.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Providence, R.I. No. 2 Port of Houston No. 3 Port of San Diego, Calif. No. 4 Port of Jacksonville, Fla. and No. 5 Port of Charleston. In the current time period, the top five accounted for 66.28 percent of Slovakia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Providence, R.I. rose 39.77 percent to $695.98 million.
    There were no exports. Imports rose 39.77 percent to $695.98 million.
  • Trade with No. 2 Port of Houston rose 46.05 percent to $682.79 million.
    Exports rose 286.14 percent to $6.54 million. Imports rose 45.18 percent to $676.25 million.
  • Trade with No. 3 Port of Jacksonville, Fla. rose 28.64 percent to $386.09 million.
    Exports fell 98.65 percent to $68,626. Imports rose 30.84 percent to $386.02 million.
  • Trade with No. 4 Port of San Diego, Calif. fell 16.96 percent to $256.44 million.
    Exports fell 15.77 percent to $770,342. Imports fell 16.96 percent to $255.67 million.
  • Trade with No. 5 Port of Newark rose 25.75 percent to $207.49 million.
    Exports rose 165.22 percent to $15.24 million. Imports rose 20.72 percent to $192.26 million.

Slovakia ranked No. 66 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 69.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Slovakia by value through October were the categories of Copper waste and scrap; Pumps for dispensing liquids; Low value shipments; Motor vehicle engines; and Tractors, respectively. They accounted for 26.92 percent of total exports to Slovakia.

The value of the top five categories of U.S. imports from Slovakia –– Motor vehicles for transporting people; Motor vehicle parts; Rubber tires; Transmission shafts, bearings, gears; and Compressors and pumps –– accounted for 76.03 percent of all inbound shipments.

Looking more closely at U.S. exports to Slovakia:

  • Copper waste and scrap fell 41.33 percent compared to last year to $15.95 million.
  • Pumps for dispensing liquids rose 53.55 percent compared to last year to $13.25 million.
  • Low value shipments fell 31.78 percent compared to last year to $12.79 million.
  • Motor vehicle engines rose 30.51 percent compared to last year to $12.79 million.
  • Tractors rose 39.86 percent compared to last year to $10.98 million.

Looking more closely at U.S. imports from Slovakia:

  • Motor vehicles for transporting people rose 38.23 percent compared to last year to $2.11 billion.
  • Motor vehicle parts rose 31.55 percent compared to last year to $73.22 million.
  • Rubber tires rose 18.58 percent compared to last year to $72.48 million.
  • Transmission shafts, bearings, gears rose 8.91 percent compared to last year to $58.7 million.
  • Compressors and pumps rose 2.68 percent compared to last year to $53 million.

In the latest annual figures available, Slovakia recorded $3.49 billion in trade with the United States. At year’s end, its were Providence, R.I.; Houston; San Diego; Jacksonville/Tampa; and New York City. Total U.S. exports to Slovakia were $ 442.84 million and imports from Slovakia were $3.05 billion. The U.S. deficit with Slovakia was $2.61 billion.