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Foreign Trade Saw Surplus of €579.2 million in September

SLOVAKIA’s foreign trade recorded a surplus of €579.2 million in September, which amounted to a year-on-year rise of €75.7 million, the Slovak Statistics Office announced on November 10.

SLOVAKIA’s foreign trade recorded a surplus of €579.2 million in September, which amounted to a year-on-year rise of €75.7 million, the Slovak Statistics Office announced on November 10.

Goods worth €5.658 billion were exported in September, a drop of 2.9 percent on the year. Imports, for their part, fell by 4.5 percent to €5.078 billion.

When the first nine months of the year are considered, the surplus reached €3.949 billion, which is €333.2 million higher than the figure recorded over the same period of 2013. Overall exports rose by 1.7 percent on an annual basis to €47.965 billion. Imports were up 1.1 percent y-o-y to reach €44.016 billion.

In August, with respect to Slovakia’s main business partners, annual increases were seen in exports to Germany (by 8.8 percent), the United Kingdom (20.7 percent), France (3.6 percent), Italy (1.2 percent), the Netherlands (14.3 percent), Spain (16.5 percent) and the United States (20.3 percent), according to the TASR newswire.

Conversely, reductions in exported goods were seen when it came to the Czech Republic (by 4.5 percent), Poland (2.2 percent), Austria (2.3 percent), Hungary (4.3 percent) and Russia (11.3 percent).

In terms of imports, annual increases were witnessed in the cases of China (by 3.5 percent), Hungary (6.4 percent), Italy (1.4 percent), and France (6.7 percent). Drops were recorded with Germany (3.5 percent), the Czech Republic (2.4 percent), Russia (12.2 percent), South Korea (11.6 percent), Poland (0.1 percent) and Austria (0.6 percent).

Source: Statistical Office, TASR

Compiled by Roman Cuprik from press reports
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