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ECONOMIC BRIEFS

Slovakia's foreign trade

Slovakia's foreign trade deficit reached 35.3 billion Sk during the first eight months of this year. During this period, Slovakia ran a trade surplus of 9 billion Sk with the five countries grouped in the Central European Free Trade Agreement (CEFTA), of which 2 billion Sk was with the Czech Republic. The principal deficit existed in trade with Russia (32.2 billion Sk), and with OECD countries (10.8 billion Sk). Total Slovak exports were 172.3 billion Sk during the first eight months of 1996, 3.9 percent more compared with the same period last year. Total imports were 207.6 billion Sk, which is 24.8 percent higher than last year.

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