BUSINESS SHORTS

Slovakia's first trade surplus in three years

SLOVAKIA reported a preliminary trade surplus of Sk3.982 billion (€117 million) in January of this year - its first monthly trade surplus in nearly three years, the Slovak Statistics Bureau reported on March 14.

The last surplus before that came in February 2004, when Slovakia achieved a positive trade balance of Sk915 million (Ř 26.9 million).

January's trade balance was more than Sk12 billion (€353 million) higher than in January 2006. Exports in January 2007 rose 36.5 percent year-on-year to Sk110.959 billion (€3.3 billion) and the volume of imports reached Sk106.9 billion), up 19.6 percent year-on-year.

Last year, Slovakia's exports rose 24.6 percent year-on-year to a record Sk1,239 billion (€36.4 billion). Topping the list in 2006 were exports of machinery and electronic equipment, which grew by 37.7 percent to Sk350.8 billion (€10.3 billion). Vehicle exports grew at a similar pace, up 34.9 percent year-on-year to Sk262.5 billion (€7.7 billion).

Machinery and electronic equipment dominated aggregate imports in 2006, jumping by 24.3 percent year-on-year to Sk1,331 billion (€39.2 billion). Last year's trade balance was negative at Sk91.6 billion (€2.7 billion). It was Sk15.3 billion (€450 million) higher than in 2005.

Get daily Slovak news directly to your inbox

Top stories

News digest: High-profile arrests and discussion on reopening schools continues

PM Matovič proposes pilot testing for schools. Slovakia will have the very first Slovak ambassador to the EU.

PM Igor Matovič has stepped into the debate about opening the schools for older children.

Another former police president reportedly charged in a corruption case

NAKA charged eight former high-ranking police, SIS and Financial Administration officials.

Milan Lučanský

Matovič could have made comments about the US rather than Mongolia

I am proud of what has been achieved in Slovakia, says Billy Altansukh.

Older children will not return to schools before Christmas

PM Igor Matovič still wants some pupils to return, he proposed a pilot testing plan.

The school in Trebišov.