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Foreign trade surpluses posted in January and February

Slovakia's foreign trade account posted a surplus of €347.7 million in February, an increase of €170.2 million compared to the figure for February 2011, the Slovak Statistics Office announced on April 5, as reported by the TASR newswire. Overall exports reached €4.747 billion in February, rising by 8.7 percent on an annual basis, while imports increased by 5 percent year-on-year to reach €4.399 billion.

Slovakia's foreign trade account posted a surplus of €347.7 million in February, an increase of €170.2 million compared to the figure for February 2011, the Slovak Statistics Office announced on April 5, as reported by the TASR newswire. Overall exports reached €4.747 billion in February, rising by 8.7 percent on an annual basis, while imports increased by 5 percent year-on-year to reach €4.399 billion.

Slovakia's foreign trade surplus was €263.9 million in January 2012, an increase of €24.3 million year-on-year.

The most significant trade surpluses were due to trade with Germany (€347.6 million), the Czech Republic (€246.2 million), Austria (€228.5 million), Poland (€198.6 million), France (€168.3 million), Hungary (€127.9 million), the United Kingdom (€119.3 million), Italy (€102.2 million), the Netherlands (€84.2 million), and Spain (€60.8 million).

The most significant trade deficits were in trade with Russia (€380.8 million), South Korea (€264.6 million), China (€200 million), Taiwan (€64.2 million), Japan (€52.1 million), Malaysia (€20.4 million) and Ukraine (€17 million).
Slovakia had exported goods worth a total of €4.412 billion in January, up 8.3 percent y-o-y, TASR wrote, while imported goods were valued at €4.148 billion in January, an increase of 8.2 percent y-o-y.

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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