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BUSINESS IN SHORT

June trade surplus is highest of 2009

SLOVAKIA’s foreign trade balance posted the highest monthly surplus of this year, preliminary figures for June released by the Slovak Statistics Office indicate. Exports exceeded imports by €378.4 million. The results represent improvement from the estimate made in August by the Statistics Office which expected a June surplus of €282.7 million.

SLOVAKIA’s foreign trade balance posted the highest monthly surplus of this year, preliminary figures for June released by the Slovak Statistics Office indicate. Exports exceeded imports by €378.4 million. The results represent improvement from the estimate made in August by the Statistics Office which expected a June surplus of €282.7 million.

The office expects the cumulative January-September foreign trade surplus will stand at €954.4 million, the SITA newswire reported.

However, both exports and imports lagged behind the results from last year. Total exports were down 14.4 percent to €3.79 billion in September and imports were 22.9 percent lower compared to the same period of last year, amounting to €3.412 billion.

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