1.  Overview the trade of SLOVAKIA in goods current year until 202003

According to Dalian Infobank, in 202003, SLOVAKIA's exports and imports of goods amounted to 13637.2054 million, and were down 16.47% comparing with the same period of last year. Among these, exports were down 20.68% at 6520.4383 million, and imports were down 12.21% at 7116.7672 million. And the corresponding trade deficit was 596.3289 million and down 623.33%.

During the current year until 202003, SLOVAKIA's total exports and imports of goods were 42763.4945 million and were down 7.86% comparing to the same period of last year. Among these, exports were 21043.8903 million and down 10.28%; imports were 21719.6042 million and down 5.39%. The total trade deficit was 675.7139 million and down 235.48%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202003, SLOVAKIA's imports and exports to five countries/territories were 8840.3846 million, 5761.6007 million, 3295.8484 million, 3195.1231 million, 2938.9189 million. These values correspond to 20.67%, 13.47%, 7.71%, 7.47%, 6.87% of SLOVAKIA's imports and exports, and, respectively, were down 10.36%, down 5.03%, down 4.87%, down 7.32%, down 3.01% comparing to the same period of last year.

Current year until 202003, 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 202003, SLOVAKIA's exports to these five countries/territories were 4653.1073 million, 2208.6332 million, 1670.0403 million, 1429.6444 million, 1401.3122 million. These values correspond to 22.11%, 10.50%, 7.94%, 6.79%, 6.66% of SLOVAKIA's exports and, respectively, were down 11.74%, down 11.78%, down 5.45%, down 3.33%, down 2.25% comparing with the same period of last year.

Current year until 202003, 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 202003, SLOVAKIA's imports from these five countries/territories were 4187.2773 million, 3552.9674 million, 1982.9006 million, 1625.8082 million, 1537.6068 million. These values correspond to 19.28%, 16.36%, 9.13%, 7.49%, 7.08% of SLOVAKIA's total imports and, respectively, were down 8.78%, down 0.28%, down 4.80%, down 4.27%, down 3.69% comparing with the same period of last year.

During the current year until 202003, the trade surplus of SLOVAKIA was mainly from UNITED KINGDOM, FRANCE, GERMANY, UNITED STATES, ITALY at 770.8901 million, 499.0554 million, 465.8300 million, 381.8107 million, 257.7247 million, and down 17.99%, down 0.40%, down 31.65%, down 57.35%, down 29.38%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, CHINA at 1344.3342 million, 844.3190 million, 770.6781 million, 654.4287 million, 477.0452 million, and up 26.88%, down 12.07%, up 7.28%, down 4.94%, up 45.05%.

Current year until 202003, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202003,  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 10402.1591 million, 8081.4659 million, 5369.4980 million, 2051.6647 million, 1498.7544 million, which were down 11.00%, down 8.07%, down 7.23%, down 12.01%, down 8.07% comparing with the same period of last year and account for 24.32%, 18.90%, 12.56%, 4.80%, 3.50% of SLOVAKIA's total imports and exports.

During the current year until 202003, 87, 85, 84, 72, 27 were SLOVAKIA's top five traded commodities, with total import and export values of 6668.9648 million, 3645.2269 million, 2653.3686 million, 754.6950 million, 683.5162 million. These values correspond to 31.69%, 17.32%, 12.61%, 3.59%, 3.25% of SLOVAKIA's total exports and, respectively, were down 12.37%, down 13.31%, down 5.83%, down 24.34%, down 6.75% comparing to the same period of last year.

During the current year until 202003, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 4436.2390 million, 3733.1943 million, 2716.1293 million, 1368.1485 million, 865.7751 million. These values correspond to 20.43%, 17.19%, 12.51%, 6.30%, 3.99% of SLOVAKIA's total exports and, respectively, were down 3.28%, down 8.45%, down 8.56%, down 14.42%, down 7.93% comparing to the same period of last year.

2. Current year until 202003, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202003, SLOVAKIA-China binational exports and imports of goods amounted to 1100.7006 million and were down 10.47% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 311.8277 million and down 30.75%, imports from China to SLOVAKIA were 788.8729 million and up 1.25%. The total binational trade deficit was 477.0452 million and up 45.05%.

During the urrent year until 202003, commodities with hs2 code, 85, 87, 84, 90, 73, were binational trade's top five traded commodities. They correspond to import and export values of 387.4773 million, 294.1777 million, 190.3511 million, 28.5063 million, 28.0266 million and makes up 35.20%, 26.73%, 17.29%, 2.59%, 2.55% of the total binational imports and exports. These values were also up 7.97%, down 26.52%, down 15.03%, down 18.46%, up 0.74% comparing to the same period last year.

During the current year until 202003, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 231.3928 million, 31.3837 million, 15.5224 million, 6.8812 million, 4.2931 million. These values account for 74.21%, 10.06%, 4.98%, 2.21%, 1.38% of SLOVAKIA's total exports and were down 34.86%, down 27.36%, down 16.84%, up 50.71%, down 32.72% comparing to the same period of last year.

During the current year until 202003, 85, 84, 87, 95, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 371.9548 million, 158.9674 million, 62.7849 million, 26.1603 million, 24.9061 million. These values account for 47.15%, 20.15%, 7.96%, 3.32%, 3.16% of SLOVAKIA's total imports and were up 9.33%, down 12.09%, up 39.15%, down 5.17%, down 3.44% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat