Spectator on facebook

Spectator on facebook

China imported the most Slovak-produced cars in 2011

The largest number of Slovak-produced cars did not go to the country’s traditional European trade partners but to China, the SITA newswire reported. An analysis by Poštová Banka found that the highest proportion of exported cars went to China, worth nearly €1.3 billion and representing 14.9 percent of total car exports. Germany was second with a 14.2-percent share and €1.2-billion volume, while France occupied third place with a 13.6-percent share worth almost €1.2 billion.

The largest number of Slovak-produced cars did not go to the country’s traditional European trade partners but to China, the SITA newswire reported. An analysis by Poštová Banka found that the highest proportion of exported cars went to China, worth nearly €1.3 billion and representing 14.9 percent of total car exports. Germany was second with a 14.2-percent share and €1.2-billion volume, while France occupied third place with a 13.6-percent share worth almost €1.2 billion.

China moved up in the chart of Slovakia's overall trade partners as well. While China's share in Slovak foreign trade was only 0.5 percent in 2005, it rose to 2.6 percent in 2011, Poštová Banka reported.

Exports of automobiles and other motor vehicles last year represented 15 percent of all Slovak exports and had a value of over €8.4 billion. The overall value of goods exported from Slovakia last year exceeded €56.4 billion and more than a half of this amount was concentrated in fifteen export items.

Source: SITA

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

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Safari under High Tatras Video

Marek Stolarčík from Kežmarok filmed unique video.

Illustration stock photo

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.