In the last few years trade between Slovakia and the USA has declined in value. Slovakia’s Ministry of Economy and Construction reported a nearly 40-percent decrease in bilateral trade between the countries in 2009 while the fall in Slovakia’s exports was even larger – at 50 percent. But the first five months of 2010 have registered a positive change as exports from Slovakia to the US have increased by 72 percent.
Over half of Slovakia’s exports to the US are road vehicles. Other exported goods include machinery, electrical appliances and furniture. Imports from the US are more varied and there is not a single strong category like among the exports. The most traded commodities between the two countries are electrical machinery, road vehicles, pharmaceutical products and coal.
Source: Slovak Ministry of Economy and Construction
13. Sep 2010 at 0:00 | Compiled by Spectator staff