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Slovakia's exports increased by 9.7% year-on-year in September

Slovak exported goods worth almost €5 billion in September, 9.7 percent more than in September last year, the Statistics Office announced, as reported by the TASR newswire on Wednesday, November 9.

Slovak exported goods worth almost €5 billion in September, 9.7 percent more than in September last year, the Statistics Office announced, as reported by the TASR newswire on Wednesday, November 9.

Imports of goods went up by 1.4 percent to €4.6 billion. The surplus in foreign trade reached €393.6 million in September, €377.4 million more than in September 2010. For the first nine months of 2011, exports grew by 18 percent compared to the same period last year, while overall imports went up by 14.4 percent. The trade surplus during this period reached €1.605 billion, which was €1.298 billion more year-on-year.

Overall exports increased by 14.5 percent year-on-year to €4.415 billion in August, while overall imports were up by only 2.7 percent, reaching €4.221 billion, according to the Slovak Statistics Office. Slovakia's foreign trade thus posted a surplus of €194.4 million in August 2011. For the first eight months of 2011, the surplus stood at €1.208 billion.

Slovakia’s most significant surpluses were posted in trade with: Austria (€1.763 billion), Germany (€1.597 billion), Czech Republic (€1.445 billion), Hungary (€1.169 billion), France (€1.163 billion), Poland (€1.158 billion), United Kingdom (€895.4 million), Italy (€647.5 million), the Netherlands (€561.1 million) and Sweden (€441.7 million). Conversely, the most significant trade deficits were recorded in trade with: Russia (€2.796 billion), South Korea (€2.094 billion), China (€1.167 billion), Taiwan (€517.1 million), Japan (€473.3 million), Malaysia (€127.4 million) and Ukraine (€119.7 million).

Source: TASR

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

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