Spectator on facebook

Spectator on facebook

Slovakia's foreign trade ends July with surplus

Slovak foreign trade ended with a surplus in July. Although according to preliminary data from the Slovak Statistics Office (ŠÚ), the surplus decreased by €255 million to €204.3 million compared to June, it still increases this year’s record cumulative surplus.

Slovak foreign trade ended with a surplus in July. Although according to preliminary data from the Slovak Statistics Office (ŠÚ), the surplus decreased by €255 million to €204.3 million compared to June, it still increases this year’s record cumulative surplus.

In the first seven months of 2013, Slovakia’s trade surplus already reached €3.15 billion, which meant an increase by more than €900 million over a year ago, the SITA newswire wrote.

In July, Slovak exports fell for the second consecutive month. While in June they were down by 2.5 percent, in July the annual decline slowed to 0.7 percent when Slovakia exported goods worth €5.005 billion. By contrast, after the June drop of 3.5 percent, imports in July returned to annual an growth of 2.7 percent. But even this did not harm the trade surplus in July, as total imports that month reached only €4.801 billion. From the beginning of this year, exports from Slovakia reached €36.849 billion, cumulatively. Compared to last year, exports increased by 2.9 percent. Overall for seven months of 2013, imports grew by 0.4 percent. In nominal terms, Slovakia’s imports totalled €33.699 billion.

(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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How does Slovakia support innovations?

Companies operating in Slovakia can benefit from state subsidies, EU resources and venture capital funds.

Science in Slovakia is underfunded, lagging behind other European countries.

Slovaks speak the worst English in central Europe

Seven out of ten job applicants in Slovakia claim to speak English.

Illustrative Stock Photo

Journalists should resist the temptation to tweet

There is still a need for old-fashioned news reporters who just get the facts out there, says Pulitzer Prize-winning journalist Ian Johnson.

Ian Johnson

We refuse Fico's attacks against journalists

More than 480 journalists have signed a statement condemning the most recent verbal attacks of the former prime minister against journalists.

Slovak journalists at one of protest rallies organised in response to the murder of journalist Ján Kuciak and his fiancée.