Slovakia still imports many agricultural products

The negative trade balance increased based on annual comparison.

(Source: Sme)

Slovakia imported more agricultural and food products during the first five months of 2016 than it exported. The foreign trade balance of these goods was negative, amounting to €600 million, which is more than 35 percent higher year-on-year.

The negative balance increased in the case of groceries, beverages and tobacco by 14.3 percent y/y, while in the case of animal products it rose by 47.2 percent y/y and of plant products by 157.3 percent y/y. On the other hand, it dropped in the case of fats and oils by 12.2 percent, the TASR newswire reported, referring to the data of the Slovak Agricultural and Food Chamber (SPPK).

Read also:Foreign trade surplus grows

The imports of agricultural and food products during the first five months of 2016 amounted to €1.668 billion, up by 7.1 percent y/y.

The agricultural firms exported goods valued in total at €1.069 billion, which is 4.2 percent less than the previous year. While the exports of plant products dropped by 12 percent y/y, the export of animal products fell by 7 percent y/y, and fats and oils by 4.5 percent y/y. Only the export of groceries, beverages and tobacco rose, by 4.7 percent y/y, TASR wrote.

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.

Theme: Economics


Top stories

Deputy parliamentary speaker sent selfies to Alena Zs.

Yet another influential Smer politician, Martin Glváč, faces accusations of talking to Kočner's collaborator.

Igor Matovič of OĽaNO holds a picture of Martin Glváč (Smer).

Coalition demands the right of reply for politicians

Politicians ponder new provisions for the Press Code, Speaker of Parliament Danko wants to defend himself against op-eds too.

The ruling coalition (L-R: SNS-Andrej Danko, Smer-Robert Fico. Most-Híd-Béla Bugár).

Slovakia’s Pohoda wins two prestigious European festival awards

The festival organiser praised the awards and says they want to continue and improve the quality of the summer festival.

"They united us." - tribute to Ján Kuciak and Martina Kušnírová at Pohoda 2018.

Maya expert: The world we live in is not the only one possible

Leading Slovak expert contributes to rewriting Maya history.

Milan Kováč