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Slovakia: Total exports of goods amounted to EUR 6.7 billion

Christian Fernsby |
In July 2021, total exports of goods amounted to EUR 6.7 billion, there was a year-on-year growth of 10.9 %. Total imports of goods increased by 18.6 % to EUR 6.7 billion.

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The foreign trade balance was in deficit in the amount of EUR 10.7 million.

In January and July 2021, compared to the same period last year, total exports of goods increased by 26.7 % to EUR 51 billion and total imports by 24.5 % to EUR 49 billion. The balance of foreign trade was in surplus in the amount of EUR 1.9 billion.

In January to July 2021, compared to the same period last year, exports to EU Member States increased by 25.8 % and accounted for 79.2 % of total exports. Imports from EU Member States represented 66.5 % of total imports and increased by 24.9 % year-on-year.

In January to July 2021, compared to the same period last year, exports to non-EU countries increased by 30.3 % and accounted for 20.8 % of total exports. Imports from non-EU countries represented 33.5 % of total imports and increased by 23.7 % year-on-year.

The most traded SITC class in the foreign trade of the Slovak Republic was machinery and transport equipment with a share of 63.1% in total exports and 49.6 % in total imports.

Seasonally adjusted foreign trade data

In July 2021, after seasonal adjustment of data, total export of goods amounted to EUR 7.6 billion, there was a year-on-year growth of 10 %. Total imports of goods increased by 21.8 % to EUR 7.4 million. The balance of foreign trade was in surplus in the amount of EUR 152 million (by EUR 641.4 million lower than in July 2020).


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