1. Overview the trade of SLOVAKIA in goods current year until 202005
According to Dalian Infobank, in 202005, SLOVAKIA's exports and imports of goods amounted to 9807.1378 million, and were down 37.04% comparing with the same period of last year. Among these, exports were down 35.93% at 4968.8105 million, and imports were down 38.13% at 4838.3272 million. And the corresponding trade surplus was 130.4833 million and down 298.62%.
During the current year until 202005, SLOVAKIA's total exports and imports of goods were 60930.6002 million and were down 20.91% comparing to the same period of last year. Among these, exports were 29906.4407 million and down 22.50%; imports were 31024.1595 million and down 19.31%. The total trade deficit was 1117.7188 million and down 897.29%.
If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202005, SLOVAKIA's imports and exports to five countries/territories were 12221.3098 million, 8764.6623 million, 4764.7257 million, 4617.0026 million, 4245.8988 million. These values correspond to 20.06%, 14.38%, 7.82%, 7.58%, 6.97% of SLOVAKIA's imports and exports, and, respectively, were down 25.39%, down 15.12%, down 17.37%, down 18.84%, down 17.07% comparing to the same period of last year.
Current year until 202005, 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 202005, SLOVAKIA's exports to these five countries/territories were 6526.6254 million, 3345.4118 million, 2458.8553 million, 2043.0240 million, 1860.9058 million. These values correspond to 21.82%, 11.19%, 8.22%, 6.83%, 6.22% of SLOVAKIA's exports and, respectively, were down 25.02%, down 20.30%, down 15.67%, down 16.01%, down 26.81% comparing with the same period of last year.
Current year until 202005, 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 202005, SLOVAKIA's imports from these five countries/territories were 5694.6844 million, 5419.2506 million, 2825.8322 million, 2305.8704 million, 2202.8747 million. These values correspond to 18.36%, 17.47%, 9.11%, 7.43%, 7.10% of SLOVAKIA's total imports and, respectively, were down 25.82%, down 11.57%, down 19.06%, down 19.12%, down 18.03% comparing with the same period of last year.
During the current year until 202005, the trade surplus of SLOVAKIA was mainly from UNITED KINGDOM, GERMANY, FRANCE, UNITED STATES, SWITZERLAND at 936.9018 million, 831.9410 million, 627.7533 million, 559.3860 million, 337.8737 million, and down 27.94%, down 19.10%, down 31.82%, down 58.33%, down 14.94%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, CHINA, RUSSIA at 2073.8388 million, 1329.8998 million, 1034.6618 million, 821.5674 million, 790.5155 million, and up 7.42%, down 18.43%, down 20.05%, up 62.66%, down 28.05%.
Current year until 202005, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202005, 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 13388.4713 million, 11672.8421 million, 7914.6125 million, 2836.8707 million, 2190.5912 million, which were down 31.37%, down 19.36%, down 17.58%, down 25.14%, down 20.13% comparing with the same period of last year and account for 21.97%, 19.16%, 12.99%, 4.66%, 3.60% of SLOVAKIA's total imports and exports.
During the current year until 202005, 87, 85, 84, 72, 27 were SLOVAKIA's top five traded commodities, with total import and export values of 8683.9823 million, 5329.3555 million, 3916.6015 million, 1118.3908 million, 958.7741 million. These values correspond to 29.04%, 17.82%, 13.10%, 3.74%, 3.21% of SLOVAKIA's total exports and, respectively, were down 31.12%, down 21.87%, down 15.99%, down 31.96%, down 13.82% comparing to the same period of last year.
During the current year until 202005, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 6343.4866 million, 4704.4890 million, 3998.0110 million, 1878.0965 million, 1262.6510 million. These values correspond to 20.45%, 15.16%, 12.89%, 6.05%, 4.07% of SLOVAKIA's total exports and, respectively, were down 17.12%, down 31.84%, down 19.08%, down 29.85%, down 20.54% comparing to the same period of last year.
2. Current year until 202005, SLOVAKIA binational trade profile
According to Dalian Infobank, during the current year until 202005, SLOVAKIA-China binational exports and imports of goods amounted to 1719.9738 million and were down 17.68% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 449.2032 million and down 43.30%, imports from China to SLOVAKIA were 1270.7706 million and down 2.04%. The total binational trade deficit was 821.5674 million and up 62.66%.
During the urrent year until 202005, commodities with hs2 code, 85, 87, 84, 63, 73, were binational trade's top five traded commodities. They correspond to import and export values of 570.6362 million, 381.7893 million, 326.8459 million, 81.9361 million, 43.3351 million and makes up 33.18%, 22.20%, 19.00%, 4.76%, 2.52% of the total binational imports and exports. These values were also down 5.83%, down 45.11%, down 13.50%, up 1232.64%, down 3.33% comparing to the same period last year.
During the current year until 202005, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 294.8954 million, 65.5829 million, 29.5648 million, 14.7342 million, 7.8472 million. These values account for 65.65%, 14.60%, 6.58%, 3.28%, 1.75% of SLOVAKIA's total exports and were down 52.49%, down 14.40%, down 10.80%, up 48.46%, down 29.61% comparing to the same period of last year.
During the current year until 202005, 85, 84, 87, 63, 95 were SLOVAKIA's top five traded commodities importing from China , with import values of 541.0714 million, 261.2630 million, 86.8939 million, 80.8804 million, 40.2802 million. These values account for 42.58%, 20.56%, 6.84%, 6.36%, 3.17% of SLOVAKIA's total imports and were down 5.54%, down 13.27%, up 16.04%, up 1518.90%, down 18.57% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat