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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202002

 1.  Overview the trade of SLOVAKIA in goods current year until 202002

According to Dalian Infobank, in 202002SLOVAKIA's exports and imports of goods amounted to 14499.9836 million, and were down 2.63% comparing with the same period of last year. Among these, exports were down 4.29% at 7236.4639 million, and imports were down 0.91% at 7263.5197 million. And the corresponding trade deficit was 27.0558 million and down 111.76%.

During the current year until 202002, SLOVAKIA's total exports and imports of goods were 29126.2891 million and were down 3.19% comparing to the same period of last year. Among these, exports were 14523.4520 million and down 4.67%; imports were 14602.8370 million and down 1.67%. The total trade deficit was 79.3850 million and down 120.63%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, HUNGARY, AUSTRIA were SLOVAKIA's top five trading partners. During the current year until 202002, SLOVAKIA's imports and exports to five countries/territories were 6063.3868 million, 3825.6239 million, 2251.2492 million, 2014.4028 million, 1994.1144 million. These values correspond to 20.82%, 13.13%, 7.73%, 6.92%, 6.85% of SLOVAKIA's imports and exports, and, respectively, were down 5.15%, down 2.48%, down 0.18%, up 4.53%, down 8.63% comparing to the same period of last year.

Current year until 202002, SLOVAKIA and the top five trade partners GERMANY, CZECH REPUBLIC, POLAND, FRANCE, HUNGARY are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202002, SLOVAKIA's exports to these five countries/territories were 3210.5013 million, 1468.2913 million, 1133.4307 million, 1095.9669 million, 951.9502 million. These values correspond to 22.11%, 10.11%, 7.80%, 7.55%, 6.55% of SLOVAKIA's exports and, respectively, were down 6.09%, down 7.97%, down 1.34%, up 16.92%, up 1.53% comparing with the same period of last year.

Current year until 202002, SLOVAKIA's exports to top five countries/territories GERMANY, CZECH REPUBLIC, AUSTRIA, POLAND, HUNGARY are the top five countries/territories that SLOVAKIA imports from in terms of the total export amount. During the current year until 202002, SLOVAKIA's imports from these five countries/territories were 2852.8855 million, 2357.3325 million, 1188.1649 million, 1117.8185 million, 1062.4526 million. These values correspond to 19.54%, 16.14%, 8.14%, 7.65%, 7.28% of SLOVAKIA's total imports and, respectively, were down 4.06%, up 1.28%, down 8.02%, up 1.02%, up 7.38% comparing with the same period of last year.

During the current year until 202002, the trade surplus of SLOVAKIA was mainly from UNITED KINGDOM, FRANCE, GERMANY, ITALY, UNITED STATES at 553.1936 million, 434.8684 million, 357.6158 million, 239.6248 million, 231.9121 million, and down 6.51%, up 42.99%, down 19.62%, down 14.25%, down 62.11%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, RUSSIA, AUSTRIA, CHINA at 889.0412 million, 560.6219 million, 444.5907 million, 382.2153 million, 340.8255 million, and up 21.43%, down 15.90%, down 1.67%, down 4.66%, up 50.85%.

Current year until 202002, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 87, 85, 84, 27, 39, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 7514.3601 million, 5413.4743 million, 3593.9815 million, 1493.5848 million, 990.1772 million, which were down 0.69%, down 3.50%, down 3.39%, down 4.61%, down 6.83% comparing with the same period of last year and account for 25.80%, 18.59%, 12.34%, 5.13%, 3.40% of SLOVAKIA's total imports and exports.

During the current year until 202002, 87, 85, 84, 27, 72 were SLOVAKIA's top five traded commodities, with total import and export values of 4855.1030 million, 2480.5443 million, 1779.8166 million, 506.9796 million, 495.9840 million. These values correspond to 33.43%, 17.08%, 12.25%, 3.49%, 3.42% of SLOVAKIA's total exports and, respectively, were down 1.94%, down 7.04%, down 2.36%, up 2.86%, down 24.67% comparing to the same period of last year.

During the current year until 202002, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 2932.9299 million, 2659.2571 million, 1814.1649 million, 986.6052 million, 575.0045 million. These values correspond to 20.08%, 18.21%, 12.42%, 6.76%, 3.94% of SLOVAKIA's total exports and, respectively, were down 0.28%, up 1.68%, down 4.38%, down 8.04%, down 6.22% comparing to the same period of last year.


2. Current year until 202002, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202002, SLOVAKIA-China binational exports and imports of goods amounted to 801.4760 million and were down 2.91% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 230.3252 million and down 23.17%, imports from China to SLOVAKIA were 571.1508 million and up 8.64%. The total binational trade deficit was 340.8255 million and up 50.85%.

During the urrent year until 202002, commodities with hs2 code, 85, 87, 84, 73, 90, were binational trade's top five traded commodities. They correspond to import and export values of 301.2144 million, 220.5434 million, 131.2059 million, 21.7330 million, 20.6070 million and makes up 37.58%, 27.52%, 16.37%, 2.71%, 2.57% of the total binational imports and exports. These values were also up 25.25%, down 18.54%, down 7.27%, up 8.75%, down 21.11% comparing to the same period last year.

During the current year until 202002, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 176.7719 million, 21.0802 million, 9.5910 million, 4.6918 million, 2.8082 million. These values account for 76.75%, 9.15%, 4.16%, 2.04%, 1.22% of SLOVAKIA's total exports and were down 26.34%, down 18.49%, down 17.60%, up 77.31%, down 31.83% comparing to the same period of last year.

During the current year until 202002, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 291.6234 million, 110.1257 million, 43.7715 million, 19.4485 million, 18.7583 million. These values account for 51.06%, 19.28%, 7.66%, 3.41%, 3.28% of SLOVAKIA's total imports and were up 27.43%, down 4.76%, up 42.42%, up 6.01%, down 11.18% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat