The Treasurer’s Guide to Trade Finance

Slovak Republic

Principal exports

Vehicles, machinery and electrical equipment,
metals, chemicals and minerals, and plastics.

Import/Export documentation

Within the EU: no documentation
requirements, but a commercial invoice is
typically included.

Outside the EU: commercial invoice, customs
declaration, bill of lading, packing list and,
sometimes, a certificate of origin.

Licences

Imports

ƒ Import licences with quotas: various
agricultural products; various textile products
from North Korea and Belarus; various steel
products from Russia and Kazakhstan; and
potassium chloride from Belarus.

Exports

ƒ Poisons, dangerous chemicals, narcotics,
dual-use items, military equipment and
technological products.

Tariffs/Taxes

Imports

ƒ Tariffs on imports from outside the EU are

set according to the EU’s common customs

code, with higher rates for agricultural

imports.

ƒ Excise duties on alcohol, tobacco and

mineral oils.

ƒ Excise tax on electricity, coal and natural

gas.

Exports

ƒ None.

Financing requirements for imports/

exports

ƒ None.

Prohibited items

ƒ Imports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions, such as items deemed a threat

to fauna and flora, or national security and

for moral reasons.

ƒ Exports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions.

Slovak Rep imports exports

Trade information

Key trading partners

Imports by origin

EU 53.1%

Russian

Federation 11.2%

South Korea 6.4%

China 6.1%

Taiwan 1.6%

Other 21.6%

Source: WTO, September 2012

Exports by destination

EU 84.5%

Russian

Federation 3.7%

China 2.6%

USA 1.6%

Turkey 1.4%

Other 6.2%