Spectator on facebook

Spectator on facebook

Foreign trade balance in surplus

THE TOTAL export of goods stood at €5.9819 billion in October, down by 3.9 percent year-on-year, while the total import of goods dropped by 5.9 percent y/y to €5.4624 billion. The foreign trade balance was in surplus in the amount of €519.4 million, up by €96.8 million compared to October 2013, the data published by the Statistics Office on December 9 showed.

THE TOTAL export of goods stood at €5.9819 billion in October, down by 3.9 percent year-on-year, while the total import of goods dropped by 5.9 percent y/y to €5.4624 billion. The foreign trade balance was in surplus in the amount of €519.4 million, up by €96.8 million compared to October 2013, the data published by the Statistics Office on December 9 showed.

Over the first 10 months of 2014, compared with the corresponding period last year, the total export of goods rose by 1.2 percent to €54.0424 billion and the total import by 0.6 percent to €49.6309 billion. The foreign trade balance was in surplus in the amount of €4.4115 billion, up by €373.6 million y/y.

In September, compared to last year, the total export of goods was reduced by 1.3 percent to €5.7472 billion and the total import by 2.1 percent to €5.2107 billion. The foreign trade balance was in surplus and amounted to €536.5 million, up by €32.9 million compared to September 2013.

During the first nine years of the year, the foreign trade balance was in surplus in the amount of €3.8921 billion, according to ŠÚ.

Slovakia had the highest balance surplus with Germany (€4.0339 billion), the United Kingdom (€2.0106 billion), Austria (€1.8675 billion), Poland (€1.7184 billion), the Czech Republic (€1.4518 billion), France (€1.0726 billion), Hungary (€861.3 million), Italy (€757.6 million) and the Netherlands (€674.2 million).

The largest balance deficit was recorded in the foreign-trade activity with the Republic of Korea (€3.2166 billion), the Russian Federation (€2.1928 billion), China (€2.1766 billion), Japan (€454.3 million), Malaysia (€311.4 million), Taiwan (€281.6 million) and Ukraine (€202.2 million).

Goods valued at €48.0606 billion were exported from the Slovak Republic. Compared with the same period of 2013, total export rose by 1.9 percent. Goods valued at €44.1685 billion were imported to the Slovak Republic with a year-on-year growth by 1.4 percent, ŠÚ informed.

Source: Statistics Office website

Compiled by Radka Minarechová 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

Slovak healthcare needs thousands of medical workers

Slovak doctors, nurses and midwives are not hesitating in finding better work conditions abroad.

Illustrative Stock Photo

Study shows construction of Eastring gas pipeline is feasible

Construction of the interconnector may begin in 2022.

Variants of the possible route of Eastring

Spectacular Slovakia #3: Unexpected hiking (Enjoy Bratislava's greenery) Audio

In Slovakia, you can hike in the capital city. Listen to the latest episode of our travel podcast to find out more.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between September 21 and September 30, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Kapitulská