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Slovakia's May trade deficit at Sk3.5 billion

Preliminary data from the Statistics Office showed that Slovakia had a trade deficit of Sk3.5 billion in May, an improvement of Sk4.2 billion from May of last year.

Exports in May grew by 15.9 percent to Sk120.4 billion, while imports grew 11 percent to Sk123.9 billion.

In total for the first five months of 2007, the trade balance slipped into a deficit of Sk5.4 billion. Compared with the same period last year, this was a drop of Sk34.8 billion.

Total exports in the first five months of this year grew by 23.7 percent compared to the same period of last year, to Sk569.8 billion, while total imports grew 14.9 percent to Sk575.2 billion.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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