1. Overview the trade of SLOVAKIA in goods current year until 202004
According to Dalian Infobank, in 202004, SLOVAKIA's exports and imports of goods amounted to 8359.9680 million, and were down 44.44% comparing with the same period of last year. Among these, exports were down 47.22% at 3893.7399 million, and imports were down 41.77% at 4466.2281 million. And the corresponding trade deficit was 572.4882 million and up 95.47%.
During the current year until 202004, SLOVAKIA's total exports and imports of goods were 51123.4624 million and were down 16.82% comparing to the same period of last year. Among these, exports were 24937.6301 million and down 19.12%; imports were 26185.8323 million and down 14.50%. The total trade deficit was 1248.2021 million and down 706.27%.
If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202004, SLOVAKIA's imports and exports to five countries/territories were 10326.1053 million, 7153.2248 million, 3987.3612 million, 3875.7964 million, 3534.3203 million. These values correspond to 20.20%, 13.99%, 7.80%, 7.58%, 6.91% of SLOVAKIA's imports and exports, and, respectively, were down 21.24%, down 12.39%, down 12.89%, down 16.07%, down 12.47% comparing to the same period of last year.
Current year until 202004, SLOVAKIA and the top five trade partners GERMANY, CZECH REPUBLIC, POLAND, HUNGARY, FRANCE are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202004, SLOVAKIA's exports to these five countries/territories were 5489.4556 million, 2733.7264 million, 2042.6048 million, 1693.0686 million, 1558.7603 million. These values correspond to 22.01%, 10.96%, 8.19%, 6.79%, 6.25% of SLOVAKIA's exports and, respectively, were down 21.55%, down 18.34%, down 12.29%, down 12.30%, down 21.84% comparing with the same period of last year.
Current year until 202004, 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 202004, SLOVAKIA's imports from these five countries/territories were 4836.6497 million, 4419.4984 million, 2388.9636 million, 1944.7563 million, 1841.2517 million. These values correspond to 18.47%, 16.88%, 9.12%, 7.43%, 7.03% of SLOVAKIA's total imports and, respectively, were down 20.89%, down 8.25%, down 15.31%, down 13.52%, down 12.63% comparing with the same period of last year.
During the current year until 202004, the trade surplus of SLOVAKIA was mainly from UNITED KINGDOM, GERMANY, FRANCE, UNITED STATES, SWITZERLAND at 838.2371 million, 652.8059 million, 507.0653 million, 460.5546 million, 284.4061 million, and down 22.17%, down 26.11%, down 26.96%, down 57.40%, down 15.20%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, CHINA at 1685.7720 million, 1142.4436 million, 902.1309 million, 767.9386 million, 685.4013 million, and up 14.76%, down 11.48%, down 11.85%, down 16.44%, up 58.37%.
Current year until 202004, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202004, 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 11388.1198 million, 9746.5732 million, 6604.9596 million, 2473.1263 million, 1835.2846 million, which were down 25.71%, down 16.43%, down 13.90%, down 20.60%, down 15.53% comparing with the same period of last year and account for 22.28%, 19.06%, 12.92%, 4.84%, 3.59% of SLOVAKIA's total imports and exports.
During the current year until 202004, 87, 85, 84, 72, 27 were SLOVAKIA's top five traded commodities, with total import and export values of 7325.0814 million, 4415.4392 million, 3256.1134 million, 944.1301 million, 811.8928 million. These values correspond to 29.37%, 17.71%, 13.06%, 3.79%, 3.26% of SLOVAKIA's total exports and, respectively, were down 26.12%, down 19.96%, down 12.34%, down 28.52%, down 15.24% comparing to the same period of last year.
During the current year until 202004, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 5331.1340 million, 4063.0384 million, 3348.8462 million, 1661.2336 million, 1059.7369 million. These values correspond to 20.36%, 15.52%, 12.79%, 6.34%, 4.05% of SLOVAKIA's total exports and, respectively, were down 13.27%, down 24.95%, down 15.37%, down 22.98%, down 15.36% comparing to the same period of last year.
2. Current year until 202004, SLOVAKIA binational trade profile
According to Dalian Infobank, during the current year until 202004, SLOVAKIA-China binational exports and imports of goods amounted to 1413.2989 million and were down 13.54% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 363.9488 million and down 39.43%, imports from China to SLOVAKIA were 1049.3501 million and up 1.52%. The total binational trade deficit was 685.4013 million and up 58.37%.
During the urrent year until 202004, commodities with hs2 code, 85, 87, 84, 63, 90, were binational trade's top five traded commodities. They correspond to import and export values of 479.1942 million, 320.2219 million, 256.4466 million, 67.7490 million, 35.9449 million and makes up 33.91%, 22.66%, 18.15%, 4.79%, 2.54% of the total binational imports and exports. These values were also down 0.45%, down 38.91%, down 16.46%, up 1410.84%, down 19.67% comparing to the same period last year.
During the current year until 202004, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 247.5631 million, 47.4014 million, 22.8250 million, 11.0995 million, 6.3459 million. These values account for 68.02%, 13.02%, 6.27%, 3.05%, 1.74% of SLOVAKIA's total exports and were down 46.95%, down 23.54%, down 14.03%, up 58.80%, down 27.30% comparing to the same period of last year.
During the current year until 202004, 85, 84, 87, 63, 95 were SLOVAKIA's top five traded commodities importing from China , with import values of 456.3692 million, 209.0452 million, 72.6589 million, 66.7073 million, 34.5356 million. These values account for 43.49%, 19.92%, 6.92%, 6.36%, 3.29% of SLOVAKIA's total imports and were up 0.34%, down 14.67%, up 26.41%, up 1717.17%, down 7.64% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat