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Slovakia's foreign trade deficit €660 million in 2008

Slovakia's foreign-trade deficit was €660 million in 2008, €53 million less than the deficit recorded in 2007, the Statistics Office announced on February 11.

Slovakia's foreign-trade deficit was €660 million in 2008, €53 million less than the deficit recorded in 2007, the Statistics Office announced on February 11.

Total exports in 2008 grew by 5.1 percent, reaching €49.56 billion; imports rose by 4.9 percent to €50.22 billion, the TASR newswire wrote.

Slovakia's foreign-trade deficit for December, meanwhile, stood at €360 million. Total exports stood at €2.94 billion, a year-on-year fall of 18.4 percent, while imports were down by 17.3 percent year-on-year to stand at €3.30 billion. Both exports and imports recorded their biggest year-on-year falls since 2005. TASR

Compiled by Zuzana Vilikovská from press reports
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