Doing business with Slovakia

Success in export markets is crucial to the long-term growth of Slovak businesses and the economy

Support for companies focused on growth through international sales is a priority for the Slovak Investment and Trade Development Agency. We are committed to facilitating the development of a strong exporting sector by offering flexible and tailor-made solutions to client needs.

WHY DOING BUSINESS WITH SLOVAKIA

• No. 1 globally in Ease Of Trading Across Borders reflecting the time and cost associated with the logistical process of exporting/importing goods

• 1st most open economy in the EU in export of goods to GDP ratio

• 4th most open economy in export of goods and services to GDP ratio

• EU free trade market and Eurozone membership

• Connection to main European transport corridors

• Major ports are available for up to 2 — 3 days

• The highest average growth of added value in the industrial production in the CEE between 2010 — 2020

KEY SECTORS

As a result of a strong industrial tradition and a long-lasting focus on technical skills, the automotive industry and related sectors (such as machinery or electronics production) have a dominant position in the Slovak economy. 

• AUTOMOTIVE INDUSTRY

  The Slovak automotive industry is defined by its well-developed and high-quality supplier network.  Slovakia is well located within the European automotive production hub. More information

• MACHINERY & EQUIPMENT INDUSTRY

  The MEI in Slovakia is not only connected to the automotive industry. There is also a variety of other industrial segments e.g. defense, aviation, railway vehicles, space equipment, etc. More information

• INFORMATION & COMMUNICATION TECHNOLOGY INDUSTRY

  The majority of IT services in Slovakia are composed of application support and tailor-made services (such as network administration, cloud storage, etc.) followed by software development and outsourcing. More information

• ELECTRONICS & ELECTRICAL COMPONENTS INDUSTRY

  The electronics industry currently represents traditional electronics manufacturing (power generators, telephones, etc.) and the new automotive-related trends (electric motors, microelectronics, etc.). More information

• CHEMICALS & PLASTICS INDUSTRY

  The output of the Slovak chemical industry includes a diversified portfolio of hundreds of different products, ranging from petrochemicals to rubber and plastic products. More information

CONTACT 
For more information on the advantages of doing business with Slovakia, please, contact trade@sario.sk