1.  Overview the trade of SLOVAKIA in goods current year until 202007

According to Dalian Infobank, in 202007, SLOVAKIA's exports and imports of goods amounted to 13450.2308 million, and were up 0.16% comparing with the same period of last year. Among these, exports were up 5.42% at 6860.2966 million, and imports were down 4.80% at 6589.9342 million. And the corresponding trade surplus was 270.3625 million and down 165.21%.

During the current year until 202007, SLOVAKIA's total exports and imports of goods were 88262.7048 million and were down 15.90% comparing to the same period of last year. Among these, exports were 44050.2582 million and down 15.88%; imports were 44212.4466 million and down 15.91%. The total trade deficit was 162.1884 million and down 23.51%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202007, SLOVAKIA's imports and exports to five countries/territories were 17968.6735 million, 12618.0617 million, 6944.6780 million, 6614.2413 million, 6110.6207 million. These values correspond to 20.36%, 14.30%, 7.87%, 7.49%, 6.92% of SLOVAKIA's imports and exports, and, respectively, were down 18.90%, down 11.80%, down 11.64%, down 14.51%, down 12.56% comparing to the same period of last year.

Current year until 202007, 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 202007, SLOVAKIA's exports to these five countries/territories were 9668.4496 million, 4767.9156 million, 3566.9842 million, 3047.7602 million, 2944.2328 million. These values correspond to 21.95%, 10.82%, 8.10%, 6.92%, 6.68% of SLOVAKIA's exports and, respectively, were down 17.75%, down 17.50%, down 9.48%, down 14.55%, down 11.64% comparing with the same period of last year.

Current year until 202007, 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 202007, SLOVAKIA's imports from these five countries/territories were 8300.2239 million, 7850.1462 million, 4051.1253 million, 3377.6938 million, 3166.3879 million. These values correspond to 18.77%, 17.76%, 9.16%, 7.64%, 7.16% of SLOVAKIA's total imports and, respectively, were down 20.20%, down 7.93%, down 15.35%, down 13.81%, down 13.40% comparing with the same period of last year.

During the current year until 202007, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED KINGDOM, FRANCE, UNITED STATES, SWITZERLAND at 1368.2257 million, 1246.8222 million, 1208.0391 million, 960.8966 million, 473.1168 million, and up 0.99%, down 24.09%, down 8.98%, down 41.34%, down 9.91%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, CHINA at 3082.2306 million, 1627.6864 million, 1488.0092 million, 944.1341 million, 658.9088 million, and up 12.19%, down 23.01%, down 18.87%, down 27.25%, up 2.01%.

Current year until 202007, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 20739.8732 million, 16819.3130 million, 11304.2032 million, 3778.4935 million, 3112.4055 million, which were down 20.97%, down 14.44%, down 14.58%, down 23.79%, down 17.51% comparing with the same period of last year and account for 23.50%, 19.06%, 12.81%, 4.28%, 3.53% of SLOVAKIA's total imports and exports.

During the current year until 202007, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 13645.6101 million, 7769.2214 million, 5645.1611 million, 1529.3217 million, 1312.2070 million. These values correspond to 30.98%, 17.64%, 12.82%, 3.47%, 2.98% of SLOVAKIA's total exports and, respectively, were down 19.22%, down 15.27%, down 13.14%, down 30.96%, down 16.79% comparing to the same period of last year.

During the current year until 202007, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 9050.0916 million, 7094.2631 million, 5659.0421 million, 2507.2619 million, 1800.1984 million. These values correspond to 20.47%, 16.05%, 12.80%, 5.67%, 4.07% of SLOVAKIA's total exports and, respectively, were down 13.71%, down 24.12%, down 15.96%, down 29.60%, down 18.02% comparing to the same period of last year.

2. Current year until 202007, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202007, SLOVAKIA-China binational exports and imports of goods amounted to 2643.1053 million and were down 8.01% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 992.0982 million and down 10.91%, imports from China to SLOVAKIA were 1651.0071 million and down 6.17%. The total binational trade deficit was 658.9088 million and up 2.01%.

During the urrent year until 202007, commodities with hs2 code, 87, 85, 84, 63, 90, were binational trade's top five traded commodities. They correspond to import and export values of 859.4061 million, 752.7173 million, 437.5694 million, 93.4389 million, 63.9234 million and makes up 32.52%, 28.48%, 16.56%, 3.54%, 2.42% of the total binational imports and exports. These values were also down 11.18%, down 8.02%, down 14.96%, up 867.58%, down 7.80% comparing to the same period last year.

During the current year until 202007, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 749.2378 million, 105.2416 million, 45.1227 million, 22.6959 million, 10.8573 million. These values account for 75.52%, 10.61%, 4.55%, 2.29%, 1.09% of SLOVAKIA's total exports and were down 13.67%, down 7.37%, up 6.25%, up 23.88%, down 24.69% comparing to the same period of last year.

During the current year until 202007, 85, 84, 87, 63, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 707.5946 million, 332.3278 million, 110.1683 million, 92.1992 million, 54.8775 million. These values account for 42.86%, 20.13%, 6.67%, 5.58%, 3.32% of SLOVAKIA's total imports and were down 8.80%, down 17.12%, up 10.45%, up 1056.59%, down 6.67% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat