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Slovakia export up 5.8%

Staff Writer |
In August 2018, the total export of goods in Slovakia reached the value of EUR 6,248.4 million with 5.8% year-on-year increase.

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The total import of goods rose by 5.3% to EUR 6,330.1 million. The foreign trade balance was in deficit in the value of EUR 81.7 million (by EUR 23.1 million lower deficit than in the corresponding period last year).

In January-August 2018, compared with the corresponding period last year, the total export of goods increased by 7.5% to EUR 51 641,4 million and the total import by 7,4% to EUR 49 851,1 million. The foreign trade balance was in surplus in the amount of EUR 1 790,3 million (by EUR 149,6 million higher than in the corresponding period last year).

In January-August 2018, compared with the corresponding period last year, export to the EU Member States increased by 8,2% and it represented 85,7% of the total export. Import from the EU Member States represented 67,8% of the total import and it grew by 9,2%, year-on-year.

In January-August 2018 compared with the corresponding period last year, export to the non-EU countries increased by 3,5% and it represented 14,3% of the total export. Import from the non-EU countries represented 32,2% of the total import and it increased by 4%, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 59,8% of the total export and 47,9% of the total import.

In August 2018, after seasonal adjustment, the total export of goods reached the value of EUR 6 640,1 million with a year-on-year growth by 5,8%. The total import of goods increased by 5,2% to EUR 6 457,6 million. The foreign trade balance was in surplus in the amount of EUR 182,6 million (by EUR 42,3 million higher than in August 2017).


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