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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202010

 1.  Overview the trade of SLOVAKIA in goods current year until 202010

According to Dalian Infobank, in 202010SLOVAKIA's exports and imports of goods amounted to 17891.0220 million, and were up 5.72% comparing with the same period of last year. Among these, exports were up 9.67% at 9363.3608 million, and imports were up 1.69% at 8527.6612 million. And the corresponding trade surplus was 835.6995 million and up 450.90%.

During the current year until 202010, SLOVAKIA's total exports and imports of goods were 137265.8170 million and were down 8.78% comparing to the same period of last year. Among these, exports were 69367.3816 million and down 7.55%; imports were 67898.4355 million and down 10.00%. The total trade surplus was 1468.9461 million and down 461.12%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202010, SLOVAKIA's imports and exports to five countries/territories were 28473.0506 million, 19390.1133 million, 10802.7260 million, 10021.3036 million, 9432.5481 million. These values correspond to 20.74%, 14.13%, 7.87%, 7.30%, 6.87% of SLOVAKIA's imports and exports, and, respectively, were down 9.66%, down 5.83%, down 5.07%, down 9.32%, down 8.18% comparing to the same period of last year.

Current year until 202010, 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 202010, SLOVAKIA's exports to these five countries/territories were 15380.6613 million, 7323.5587 million, 5563.5741 million, 5037.2505 million, 4461.3577 million. These values correspond to 22.17%, 10.56%, 8.02%, 7.26%, 6.43% of SLOVAKIA's exports and, respectively, were down 7.72%, down 11.86%, down 2.30%, up 1.19%, down 8.83% comparing with the same period of last year.

Current year until 202010, 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 202010, SLOVAKIA's imports from these five countries/territories were 13092.3893 million, 12066.5545 million, 6138.2050 million, 5239.1519 million, 4971.1904 million. These values correspond to 19.28%, 17.77%, 9.04%, 7.72%, 7.32% of SLOVAKIA's total imports and, respectively, were down 11.84%, down 1.75%, down 9.79%, down 7.85%, down 7.59% comparing with the same period of last year.

During the current year until 202010, the trade surplus of SLOVAKIA was mainly from GERMANY, FRANCE, UNITED STATES, UNITED KINGDOM, SPAIN at 2288.2720 million, 2137.8048 million, 2015.9970 million, 1844.3852 million, 726.8077 million, and up 25.88%, up 11.99%, up 6.52%, down 24.37%, down 31.39%. And the trade deficits were mainly from CZECH REPUBLIC, AUSTRIA, SOUTH KOREA, RUSSIA, VIETNAM at 4742.9958 million, 2255.1064 million, 2198.0200 million, 1245.6111 million, 863.7794 million, and up 19.38%, down 11.82%, down 27.13%, down 30.07%, down 4.00%.

Current year until 202010, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202010,  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 34533.1123 million, 26867.5419 million, 17004.4402 million, 5296.1905 million, 4778.0951 million, which were down 6.84%, down 6.50%, down 9.73%, down 24.93%, down 10.80% comparing with the same period of last year and account for 25.16%, 19.57%, 12.39%, 3.86%, 3.48% of SLOVAKIA's total imports and exports.

During the current year until 202010, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 23087.1046 million, 12459.8680 million, 8525.7329 million, 2293.6044 million, 1987.7938 million. These values correspond to 33.28%, 17.96%, 12.29%, 3.31%, 2.87% of SLOVAKIA's total exports and, respectively, were down 3.27%, down 7.50%, down 7.52%, down 25.91%, down 9.94% comparing to the same period of last year.

During the current year until 202010, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 14407.6739 million, 11446.0077 million, 8478.7073 million, 3568.5700 million, 2790.3014 million. These values correspond to 21.22%, 16.86%, 12.49%, 5.26%, 4.11% of SLOVAKIA's total exports and, respectively, were down 5.63%, down 13.31%, down 11.86%, down 27.90%, down 11.41% comparing to the same period of last year.


2. Current year until 202010, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202010, SLOVAKIA-China binational exports and imports of goods amounted to 4385.8225 million and were up 1.76% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 1888.1555 million and up 14.29%, imports from China to SLOVAKIA were 2497.6670 million and down 6.03%. The total binational trade deficit was 609.5116 million and down 39.40%.

During the urrent year until 202010, commodities with hs2 code, 87, 85, 84, 63, 73, were binational trade's top five traded commodities. They correspond to import and export values of 1699.7497 million, 1265.0131 million, 580.8396 million, 100.2798 million, 96.2812 million and makes up 38.76%, 28.84%, 13.24%, 2.29%, 2.20% of the total binational imports and exports. These values were also up 17.50%, down 0.95%, down 20.58%, up 576.96%, up 0.90% comparing to the same period last year.

During the current year until 202010, 87, 84, 85, 44, 94 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1534.1983 million, 146.1548 million, 69.4797 million, 34.2962 million, 15.5910 million. These values account for 81.25%, 7.74%, 3.68%, 1.82%, 0.83% of SLOVAKIA's total exports and were up 18.37%, down 6.18%, up 16.57%, up 6.03%, down 22.94% comparing to the same period of last year.

During the current year until 202010, 85, 84, 87, 63, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 1195.5334 million, 434.6848 million, 165.5515 million, 98.6906 million, 85.3691 million. These values account for 47.87%, 17.40%, 6.63%, 3.95%, 3.42% of SLOVAKIA's total imports and were down 1.80%, down 24.48%, up 9.98%, up 679.59%, down 1.55% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat