ABSTRACT
Not only have consumers themselves been impacted by the coronavirus epidemic, but also global trade policy as a whole. As the state's manufacturers, which accounted for the majority of its GDP, started to collapse, import and export fell sharply. Since Slovakia produces more automobiles per person than any other nation, it is a global leader in the automotive industry. The vast number of vehicle factories, which has increased once again by another significant worry in 2022, is another indication.
This article aims to demonstrate how the Slovak Republic's export and import patterns changed as a result of the worldwide epidemic as well as how heavily we rely on this sector.
Data from the customs administration, data from the statistical office, and last but not least, data from the Trademap.org website will be utilized to examine the provided time in order to verify the supplied facts. Simple statistical techniques were applied in order to compare the years before and after the outbreak.
The findings show that global catastrophes, which are associated with the export and import of products and services, pose a serious danger to governments' ability to run effectively. The Slovak Republic is similarly focused mostly on the car industry. This emphasis on a single sector caused Slovakia significant harm. The automobile business is consequently particularly vulnerable to changes, therefore it is necessary to consider if it would not be reasonable to begin focusing on other industries as well.