• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
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US$ 18.29mn
FDI inflow into India from Apr 2000 to March 2021

US$ 191.55mn

total bilateral trade in 2020-21

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

Values in US$ Million

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 136.90 137.51 146.15 152.46 145.96
2 %Growth 0.45 6.28 4.31 -4.26
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.04 0.05 0.05 0.05 0.04
6 IMPORT 137.04 64.64 68.53 95.20 57.42
7 %Growth -52.83 6.01 38.92 -39.69
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0.03 0.02 0.02 0.02 0.01
11 TOTAL TRADE 273.94 202.16 214.68 247.66 203.38
12 %Growth -26.2 6.2 15.36 -17.88
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.04 0.03 0.03 0.03 0.02
16
TRADE BALANCE
72.87 77.62 57.26 88.54
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

Indian Trade Promotion Organisation

(+91) 11 2337 1540

Visit Website

Pragati Bhawan, Pragati Maidan New Delhi-110001 (INDIA)

Engineering Export Promotion Council of India

(+91) 33 2289 0651 / 52

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‘Vanijya Bhawan’, 1st Floor International Trade Facilitation Centre 1/1, Wood Street Kolkata 700016

Export-Import Bank of India

(+91) 22 2217 2600

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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

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827 15, Mierová 2017/19, 821 05 Bratislava-Ružinov, Slovakia

Slovak Business Agency

(+421) 2 2036 3100

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Karadžičova 2 811 09 Bratislava 2 Slovak Republic

Slovak Investment and Trade Development Agency

.

(+421) 2 5826 0100

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Trnavská cesta 100 821 01 Bratislava Slovak Republic

Embassy of India, Bratislava

(+421) 2 5296 2916 

Visit Website

Dunajská 4, 7th Floor,
811 08 Bratislava,
Fax: + 421 – 2 – 52 96 29 21

Commercial Representative

(+421) 2 5296 2916

Visit Website

Counsellor (Pol & Com)

Opportunities

Agricultural exports

    Beer made from malt (220300)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)

    agriexchange.apeda.gov.in

    Carcasses/half-carcasses of swine, fresh/chilled (020311)
    Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
    Hams, shoulders & cuts thereof , fresh/chilled, bone-in (020312)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), fresh/chilled (020319)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in ch.19, whethe … (190590)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180632)

    agriexchange.apeda.gov.in

    Butter (040510)
    Cheese (excl. of 0406.10-0406.40) (040690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    BANANAS FRSH OR DRIED (080390)

    agriexchange.apeda.gov.in
Minerals

    Production: 173,643 tons

    economy.gov.skwmc.org.pl

    Reserve: 55,358 tons

    geology.sk

    Production: 21 kilotons (2014)

    Reserve: 12,562 kilotons

    geology.sk

    Production: 226,082 tonnes (deposits-30, exploited-11)
    Reserve: 53,453 kilotons

    economy.gov.skiea.orggeology.sk

    Production: 1,800,000 tonnes

    economy.gov.skUSGS Reportoec.world

    Production: Ceramic Clays – 23 kilotons (38 deposits, 2014)

    Reserves: Ceramic Clays – 192,580 kilotons

    Production: Refractory Clays – 4 kilotons (2014)

    Reserves: Refractory Clays – 5,304 kilotons

    geology.sk

    Production: Briquettes-3,223 kilo tons, Lignite-1,860,710 tons

    Reserves: 457,726 kt

    Export: Coal- US$ 17.7 million, Tar- US$ 66.9 million

     

    economy.gov.skiea.orgwmc.org.pl

    Number of deposits: 16
    Reserves: 536,203 tons
    No mine production (2014)

    geology.sk

    Reserves: 6,323 kilotons
    Production: 8 kilotons (2014)

    geology.sk

    Reserves: 8,436 kilotons (2014)

    geology.sk/wp

    Production: 1,335 kilotons (2014)

    Reserve: 841,489 kilotons

    geology.sk

    Production: 6 kilotons (2014)

    Reserves: 21,774 kilotons

    geology.sk

    Reserves: Pyrite- 14,839 kiloton

    geology.sk

    Production: 42 kilotons

    Reserve: 139,696 kgs

    geology.sk

    Reserve: 294 kilotons

    geology.sk

    Production: 4,450,000 tonnes

    bgs.ac.uk

    Iron Ore:

    Production: 4,106,000 tonnes
    Reserves: 72,294 kilotons

    Export: US$ 1.4 billion

    economy.gov.skbgs.ac.ukgeology.sk

    Reserve: 59,759 kilotons

    geology.sk

    Reserve: 237,247 tons

    geology.sk

    Production: 2.2 tonnes (2014)
    Reserve: 3,345 tonnes

    geology.sk

    Magnesite:

    Production: 773 kilotons

    Reserve: 1,154,981 kilotons
    Concentrates production: 557 kilotons (2014)

     

     

    geology.sk

    Reserve: 9,572 tons

    geology.sk

    Reserve: 14,073 kilotonnes

    geology.sk

    Production: 17 kilo tonnes (2014)

    Reserve: 30,402 kilo tonnes

    geology.sk

    Production: 8,160 tons

    economy.gov.skwmc.org.pl

    Reserve: 14,839 kilo tonnes

    geology.sk

    Reserve: Quartz – 327 kilo tons

    Production: Quartzite – 7 kilo tons (2014)

    Reserve: Quartzite – 26,942 kilo tons

    geology.sk

    Reserve: rock salt- 1,349,679 kilo tons

    geology.sk

    Production: 42 kilo tons (ore mine)

    Reserve: 1,509 tons
    Ag in concentrate: 437 kg (2014)

    geology.sk

    Production: 4,980,000 tonnes

    economy.gov.sk

    Production: 3 kilo tons (2014)

    Reserve: 242,149 kilo tons

    geology.sk

    Reserve: 6,546 tonnes

     

    geology.sk PDF

    Reserve: 19,452 tons

    Production: 117 kilo tonnes (2014)
    Reserve: 197,602 kilo tonnes

    Geology.sk

    Reserve: 418 kilo tonnes

    Geology.sk

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Slovak Republic
  • Iron and steel products
  • Vehicles
  • Industrial machinery
  • Organic chemicals
  • Pharmaceutical products
India's top export to Slovak Republic
  • Textiles and clothing accessories
  • Inorganic chemicals
  • Yarns and related products
  • Plastics
  • Pharmaceuticals

Bilateral Investors

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