Slovakia's foreign-trade deficit totalled €660 million in 2008 which is €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 and imports rose by 4.9 percent to €50.22 billion, the TASR newswire wrote.
Slovakia's foreign-trade deficit for December stood at €360 million. Total exports were €2.94 billion, a y-o-y fall of 18.4 percent and imports were down by 17.3 percent y-o-y to a level of €3.30 billion. Both exports and imports recorded their biggest y-o-y drops since 2005. TASR
Compiled by Zuzana Vilikovská from press reports
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