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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202006

 1.  Overview the trade of SLOVAKIA in goods current year until 202006

According to Dalian Infobank, in 202006SLOVAKIA's exports and imports of goods amounted to 13881.8738 million, and were down 4.13% comparing with the same period of last year. Among these, exports were up 0.17% at 7283.5209 million, and imports were down 8.46% at 6598.3529 million. And the corresponding trade surplus was 685.1679 million and up 998.96%.

During the current year until 202006, SLOVAKIA's total exports and imports of goods were 74812.4740 million and were down 18.25% comparing to the same period of last year. Among these, exports were 37189.9616 million and down 18.90%; imports were 37622.5124 million and down 17.60%. The total trade deficit was 432.5509 million and down 313.57%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202006, SLOVAKIA's imports and exports to five countries/territories were 15214.1418 million, 10673.7076 million, 5825.3863 million, 5595.3692 million, 5214.0020 million. These values correspond to 20.34%, 14.27%, 7.79%, 7.48%, 6.97% of SLOVAKIA's imports and exports, and, respectively, were down 21.70%, down 13.62%, down 14.40%, down 15.92%, down 14.60% comparing to the same period of last year.

Current year until 202006, 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 202006, SLOVAKIA's exports to these five countries/territories were 8183.8954 million, 4044.3236 million, 2995.6774 million, 2520.2939 million, 2480.4175 million. These values correspond to 22.01%, 10.87%, 8.06%, 6.78%, 6.67% of SLOVAKIA's exports and, respectively, were down 20.77%, down 19.34%, down 12.23%, down 19.00%, down 13.80% comparing with the same period of last year.

Current year until 202006, 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 202006, SLOVAKIA's imports from these five countries/territories were 7030.2464 million, 6629.3840 million, 3453.3285 million, 2829.7089 million, 2733.5845 million. These values correspond to 18.69%, 17.62%, 9.18%, 7.52%, 7.27% of SLOVAKIA's total imports and, respectively, were down 22.75%, down 9.72%, down 15.91%, down 16.59%, down 15.32% comparing with the same period of last year.

During the current year until 202006, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED KINGDOM, FRANCE, UNITED STATES, SWITZERLAND at 1153.6490 million, 1148.8973 million, 1004.0498 million, 776.1341 million, 416.7408 million, and down 6.08%, down 23.32%, down 15.24%, down 49.17%, down 11.89%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, CHINA at 2585.0604 million, 1532.7551 million, 1311.2878 million, 860.2163 million, 700.0239 million, and up 11.01%, down 18.26%, down 15.89%, down 27.83%, up 25.74%.

Current year until 202006, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 17422.7477 million, 14260.4412 million, 9646.4059 million, 3285.1502 million, 2648.2995 million, which were down 25.74%, down 16.80%, down 15.54%, down 24.65%, down 18.65% comparing with the same period of last year and account for 23.29%, 19.06%, 12.89%, 4.39%, 3.54% of SLOVAKIA's total imports and exports.

During the current year until 202006, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 11461.0503 million, 6557.7110 million, 4779.7463 million, 1311.6213 million, 1118.0852 million. These values correspond to 30.82%, 17.63%, 12.85%, 3.53%, 3.01% of SLOVAKIA's total exports and, respectively, were down 24.53%, down 18.30%, down 14.32%, down 32.46%, down 18.02% comparing to the same period of last year.

During the current year until 202006, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 7702.7302 million, 5961.6974 million, 4866.6596 million, 2169.9540 million, 1530.2143 million. These values correspond to 20.47%, 15.85%, 12.94%, 5.77%, 4.07% of SLOVAKIA's total exports and, respectively, were down 15.49%, down 27.97%, down 16.71%, down 30.52%, down 19.11% comparing to the same period of last year.


2. Current year until 202006, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202006, SLOVAKIA-China binational exports and imports of goods amounted to 2222.4625 million and were down 11.42% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 761.2193 million and down 22.01%, imports from China to SLOVAKIA were 1461.2432 million and down 4.67%. The total binational trade deficit was 700.0239 million and up 25.74%.

During the urrent year until 202006, 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 662.7593 million, 659.8899 million, 387.7963 million, 87.0642 million, 52.6264 million and makes up 29.82%, 29.69%, 17.45%, 3.92%, 2.37% of the total binational imports and exports. These values were also down 8.12%, down 22.73%, down 12.86%, up 988.65%, down 2.69% comparing to the same period last year.

During the current year until 202006, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 559.6741 million, 88.2500 million, 35.7959 million, 19.6042 million, 9.7701 million. These values account for 73.52%, 11.59%, 4.70%, 2.58%, 1.28% of SLOVAKIA's total exports and were down 27.18%, down 6.85%, down 4.59%, up 47.71%, down 24.83% comparing to the same period of last year.

During the current year until 202006, 85, 84, 87, 63, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 626.9635 million, 299.5463 million, 100.2158 million, 85.9032 million, 46.0084 million. These values account for 42.91%, 20.50%, 6.86%, 5.88%, 3.15% of SLOVAKIA's total imports and were down 8.31%, down 14.48%, up 17.26%, up 1211.25%, down 7.38% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat