Slovakia’s involvement in the tapioca starch trade demonstrates its growing presence in this global market. Expanding export destinations and diversifying import sources can contribute to Slovakia’s position as a key player in the industry.
Slovakia’s Tapioca Starch Exports
In 2021, Slovakia exported a total of $104k worth of tapioca starch, securing its position as the 41st largest global exporter of this product. Tapioca starch ranked 3139th among Slovakia’s most exported goods, indicating its relatively modest prominence within the country’s overall export portfolio.
The United Kingdom was the primary destination for Slovakia’s tapioca starch exports, with imports valued at $91.7k. France, Hungary, the Netherlands, and Austria also emerged as significant importers, contributing respective values of $12.1k, $37, $24, and $14.
Notably, the Netherlands experienced the highest growth rate as an export market for Slovakian tapioca starch between 2020 and 2021, with an increase of $13.
Continent | Country | Trade Value |
Europe | Austria | 14 |
Europe | France | 12,086 |
Europe | United Kingdom | 91,694 |
Europe | Hungary | 37 |
Europe | Netherlands | 24 |
Slovakia’s Tapioca Starch Imports
In 2021, Slovakia imported approximately $25.1k worth of tapioca starch, solidifying its position as the 107th largest global importer of this product. Tapioca starch ranked 4131st among Slovakia’s most imported goods, reflecting its moderate significance within the country’s overall import landscape.
Slovakia’s primary sources of tapioca starch imports were Czechia, with imports valued at $13.9k, followed by the Netherlands at $4.58k. Brazil, Hungary, and Cambodia also played a role as import partners, contributing respective values of $2.14k, $1.96k, and $926.
Between 2020 and 2021, Slovakia witnessed notable growth in its import market for tapioca starch. Brazil demonstrated the highest growth rate, with an increase of $2.11k, followed by Hungary with an increase of $1.94k. Spain also experienced positive growth during this period, with an increase of $838.
Slovakia’s Tapioca Starch Tariffs
In 2017, the average tariff for tapioca starch in Slovakia was 30.5%. It is worth noting that certain countries imposed the highest import tariffs on tapioca starch. The Republic of the Congo, Cape Verde, Algeria, Western Sahara, and Gabon all implemented a Most Favoured Nation duty rate treatment of 47.9%.
Source: BACI and General Statistics Office of Vietnam