- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Slovakia draws investment from many foreign companies
OIs in Slovakia are engaged in small businesses and IT
Offers strong capacity in engineering and manufacturing
US$ 18.29mn
FDI inflow into India from Apr 2000 to March 2021
US$ 272.99mn
total bilateral trade in 2021-22
550
overseas Indians live in Slovakia
Trade incentive
Slovakia has good physical infrastructure, key geographical location, a skilled labour force, and is a Eurozone member
UN partnership
Slovakia supports permanent membership for India in UNSC and has also expressed support for India’s position on UNSC reforms
India-Slovakia JEC
The 9th Session of the India-Slovakia Joint Economic Committee was held in Bratislava in April, 2017
Nuclear Energy
Slovakia supported the waiver of NSG guidelines to enable international cooperation with India in civilian nuclear energy
Export growth
Exports from India have shown a revival, registering an increase of 15.9% during the year 2014, an increase of 15.3% over 2015
India's Exports and Imports to Slovak Republic
Source: Department of Commerce
Dated: 21/02/2023
Values in US $ Millions
Country / Region: SLOVAK REP
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 152.46 | 145.96 | 138.42 | 155.97 | 171.13 |
| 2. | %Growth | -4.26 | -5.17 | 12.68 | 9.72 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 |
| 6. | IMPORT | 95.20 | 57.42 | 54.84 | 35.58 | 101.86 |
| 7. | %Growth | -39.69 | -4.49 | -35.11 | 186.27 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 |
| 11. | TOTAL TRADE | 247.66 | 203.38 | 193.25 | 191.55 | 272.99 |
| 12. | %Growth | -17.88 | -4.98 | -0.88 | 42.51 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 |
| 16. | TRADE BALANCE | 57.26 | 88.54 | 83.58 | 120.39 | 69.27 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Indian Trade Promotion Organisation
(+91) 11 2337 1540
Pragati Bhawan, Pragati Maidan New Delhi-110001 (INDIA)
Engineering Export Promotion Council of India
(+91) 33 2289 0651 / 52
‘Vanijya Bhawan’, 1st Floor International Trade Facilitation Centre 1/1, Wood Street Kolkata 700016
Export-Import Bank of India
(+91) 22 2217 2600
Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005
Ministry of Economy of the Slovak Republic
(+421) 2 4854 1111
827 15, Mierová 2017/19, 821 05 Bratislava-Ružinov, Slovakia
Slovak Business Agency
(+421) 2 2036 3100
Karadžičova 2 811 09 Bratislava 2 Slovak Republic
Slovak Investment and Trade Development Agency
.
(+421) 2 5826 0100
Trnavská cesta 100 821 01 Bratislava Slovak Republic
Embassy of India, Bratislava
(+421) 2 5296 2916
Dunajská 4, 7th Floor,
811 08 Bratislava,
Fax: + 421 – 2 – 52 96 29 21
