Slovakia
Ukraine & Slovakia economic dialogue
~1%
Approx. 1% of all goods imported by SK come from UA
SK owns transport, wholesale trade, and energy companies in UA
4%
UA received 4% of SK’s total extra-EU services exports
UA owns poultry, machine building and IT in SK
Majority of UA refugees in SK are employed
Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.
With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.
Free movements of goods and services
Both pre-war and now, UA’s main export to SK has been iron ore. 99% of all iron ore imports of SK came from UA
UA exports transport, business, and materials-processing services
1.7%
In 2024, 1.7% of SK’s total exports went to Ukraine, including electricity, smartphones, and war-related ammunition
SK runs a net surplus and has exported around 4% of its total extra-EU service export to UA, specifically transport, telecommunication, business and IT services
Trade Balance UA-SK 2024
Free movement of persons and capital
Ukrainians in SK
with temporary protection (Dec 2025)
~ 67% employed; ~30% working age; 76% consider staying for 5+ years
EU Poultry, Craft in SK, UTAS Technologies, Atwix, ARM Servis, etc
€185 m in 2024 (0,5% of EU FDI). Highest in 2021 — €246 m
SK’s FDI stock in UA, EUR million
Tighter co-operation potential
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Closer cooperation through FDI, including manufacturing and metallurgy.
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Slovakia supported EU’s solidarity lanes and remains an essential pillar of Ukraine’s energy resilience through electricity and fuel exports and participation in energy system reconstruction.
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Development of border infrastructure and transport can support growth in both countries.
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Mutual investment in engineering, energy, defence, and food processing seem promising.
Interesting fact
Other countries
