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Foreign trade posted €363.5 million surplus in January, €109.5 million in December

Slovakia's foreign trade posted a surplus of €363.5 million in January, which was €65.2 million more than the surplus recorded in January 2012, the Slovak Statistics Office (ŠÚ) announced on Monday, March 11.

Slovakia's foreign trade posted a surplus of €363.5 million in January, which was €65.2 million more than the surplus recorded in January 2012, the Slovak Statistics Office (ŠÚ) announced on Monday, March 11.

Overall exports from Slovakia in January reached a value of €4.97 billion, which was an increase of 10.7 percent year-on-year, the TASR newswire quoted the ŠÚ. Overall imports in January had a value of 4.6 billion, up 9.9 percent year-on-year.

Slovakia's revised foreign trade result for December 2012 was a surplus of €109.5 million, as the Statistics Office on Monday revised its preliminary trade surplus figure for December down by €21.4 million. Revised exports of goods in December 2012 decreased year-on-year by 0.9 percent to €4.4 billion and imports by 4.6 percent to €4.3 billion, the SITA newswire quoted the revised ŠÚ data. For the full year of 2012, Slovakia's foreign trade surplus was €3.6 billion, which was €2.6 billion higher than in 2011.

Slovakia had the highest trade surplus Germany of €3.6 billion in 2012. The surplus with the Czech Republic was €3.1 billion and with Poland €2.9 billion. On the other hand, Slovakia had the highest deficit in trade with the Republic of Korea, namely €5.5 billion. Overall, from January to December 2012, Slovakia exported goods worth €62.8 billion, which compared to 2011 is an increase of 10.7 percent. In terms of goods, export of cars and other motor vehicles designed for the transport of persons increased by €1.9 billion. Exports increased by €1 billion in telephone sets, including telephones for cellular networks and for other wireless networks and export car bodies rose by €665.2 million.

Last year, Slovakia imported goods worth €59.2 billion, with annual growth of 6.2 percent. In terms of imports of goods, the fastest growth was seen with the import of telephone sets, including telephones for cellular networks or for other wireless networks, by €1.187 billion, and imports of parts and accessories for motor vehicles, which grew by €763.7 million.

(Source: TASR, SITA)
Compiled by Zuzana Vilikovská from press reports
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