Slovakia’s foreign trade balance goes into deficit in June

Slovakia’s foreign trade account ended in a moderate monthly deficit of €6.3 million for June 2009. The trade balance returned to the deficit column after four months of surplus, the TASR newswire wrote, citing data from the Slovak Statistics Office.

Slovakia’s foreign trade account ended in a moderate monthly deficit of €6.3 million for June 2009. The trade balance returned to the deficit column after four months of surplus, the TASR newswire wrote, citing data from the Slovak Statistics Office.

While the volume of the aggregate foreign trade shrank again in June, total exports from Slovakia amounted to €3.228 billion, a decrease of 25.7 percent compared with June 2008. Total imports decreased by 26.7 percent year-on-year to €3.235 billion.

During the first half of 2009 Slovakia had a foreign trade surplus of €294.7 million, what was a much better result than during the first half of 2008 when there was a deficit of €198.4 million.

From January to June 2009 Slovakia’s exports decreased by 28.4 percent y-o-y to €18.468 billion while imports decreased even more, down 30.1 percent to €18.174 billion, the Statistics Office reported. TASR

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

Top stories

News digest: Volvo will build its third plant in Slovakia, which will produce e-cars

Levoča hosts the biggest pilgrimage in Slovakia, transactions in Slovak shops are rounded and two hospitals - one in Bratislava and the second in Martin, will be constructed from the Recovery Plan.


15 h
Slovak PM Eduard Heger and Javier Varela chief operating officer at Volvo Cars, left, after signing the agreement on construction of the plant in the industrial park Valaliky near Košice.

Volvo is coming, Slovakia to end up with fifth carmaker

The plant will produce electric cars near Košice.


19 h

New cure for potentially deadly canine disease comes from Slovakia

Cure stops the disease from recurring, scientists say.


29. jun
Jeremy Hill and Annel Bautista explore the topic of reinvention through the story of one Mexican entrepreneur in the latest episode of the Na Slovensku Aj Po Anglicky podcast.

Viva Eslovaquia!

Chef Brian Navarro brings the heat to Bratislava with his new Mexican restaurant, Mezcalli.


28. jun
SkryťClose ad