Slovakia's balance of trade figures reached a three-year high in May, at Sk1.9 billion (€45 billion). The figure has surprised analysts, who were expecting a negative balance of between Sk5.5 and 8.1 billion (€133 and 195 million). The results are based on a more than 31-percent rise in exports.
"The export of cars was above expectations, with a 12-percent year-on-year rise," explained ING analyst Ján Tóth.
Another factor is the drop in oil prices, which has reduced the price of energy imports.
Compiled by Conrad Toft from press reports
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