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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202011

 1.  Overview the trade of SLOVAKIA in goods current year until 202011

According to Dalian Infobank, in 202011SLOVAKIA's exports and imports of goods amounted to 17790.1432 million, and were up 9.66% comparing with the same period of last year. Among these, exports were up 10.51% at 8960.1408 million, and imports were up 8.81% at 8830.0025 million. And the corresponding trade surplus was 130.1383 million and down 1935.93%.

During the current year until 202011, SLOVAKIA's total exports and imports of goods were 155055.9603 million and were down 6.98% comparing to the same period of last year. Among these, exports were 78327.5223 million and down 5.79%; imports were 76728.4379 million and down 8.17%. The total trade surplus was 1599.0844 million and down 486.38%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202011, SLOVAKIA's imports and exports to five countries/territories were 32356.1158 million, 21807.8809 million, 12128.9972 million, 11169.4732 million, 10667.9776 million. These values correspond to 20.87%, 14.06%, 7.82%, 7.20%, 6.88% of SLOVAKIA's imports and exports, and, respectively, were down 7.53%, down 4.37%, down 3.53%, down 8.60%, down 6.49% comparing to the same period of last year.

Current year until 202011, 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 202011, SLOVAKIA's exports to these five countries/territories were 17395.2773 million, 8266.0415 million, 6231.4815 million, 5716.1403 million, 5021.4640 million. These values correspond to 22.21%, 10.55%, 7.96%, 7.30%, 6.41% of SLOVAKIA's exports and, respectively, were down 6.02%, down 10.14%, down 1.04%, up 1.28%, down 7.09% comparing with the same period of last year.

Current year until 202011, 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 202011, SLOVAKIA's imports from these five countries/territories were 14960.8385 million, 13541.8395 million, 6843.0205 million, 5897.5157 million, 5646.5136 million. These values correspond to 19.50%, 17.65%, 8.92%, 7.69%, 7.36% of SLOVAKIA's total imports and, respectively, were down 9.23%, down 0.47%, down 9.25%, down 6.03%, down 5.94% comparing with the same period of last year.

During the current year until 202011, the trade surplus of SLOVAKIA was mainly from GERMANY, FRANCE, UNITED STATES, UNITED KINGDOM, SWITZERLAND at 2434.4387 million, 2364.4121 million, 2342.9742 million, 2221.5991 million, 809.9745 million, and up 20.16%, up 5.84%, up 12.88%, down 13.30%, down 4.21%. And the trade deficits were mainly from CZECH REPUBLIC, AUSTRIA, SOUTH KOREA, RUSSIA, VIETNAM at 5275.7980 million, 2516.5677 million, 2507.9154 million, 1323.9137 million, 1033.0046 million, and up 19.72%, down 12.04%, down 25.35%, down 30.02%, up 1.43%.

Current year until 202011, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202011,  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 39546.8618 million, 30748.3050 million, 19157.6310 million, 5857.2533 million, 5358.7111 million, which were down 4.18%, down 4.78%, down 8.42%, down 23.78%, down 8.59% comparing with the same period of last year and account for 25.50%, 19.83%, 12.36%, 3.78%, 3.46% of SLOVAKIA's total imports and exports.

During the current year until 202011, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 26366.4865 million, 14210.7555 million, 9548.1550 million, 2569.7861 million, 2235.7354 million. These values correspond to 33.66%, 18.14%, 12.19%, 3.28%, 2.85% of SLOVAKIA's total exports and, respectively, were down 0.65%, down 6.35%, down 6.36%, down 23.10%, down 7.05% comparing to the same period of last year.

During the current year until 202011, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 16537.5495 million, 13180.3753 million, 9609.4760 million, 3955.2549 million, 3122.9757 million. These values correspond to 21.55%, 17.18%, 12.52%, 5.15%, 4.07% of SLOVAKIA's total exports and, respectively, were down 3.38%, down 10.53%, down 10.39%, down 26.24%, down 9.67% comparing to the same period of last year.


2. Current year until 202011, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202011, SLOVAKIA-China binational exports and imports of goods amounted to 4953.3910 million and were up 3.75% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 2095.2302 million and up 17.16%, imports from China to SLOVAKIA were 2858.1607 million and down 4.28%. The total binational trade deficit was 762.9305 million and down 36.29%.

During the urrent year until 202011, commodities with hs2 code, 87, 85, 84, 73, 63, were binational trade's top five traded commodities. They correspond to import and export values of 1891.1748 million, 1504.6219 million, 640.1436 million, 106.1545 million, 102.7118 million and makes up 38.18%, 30.38%, 12.92%, 2.14%, 2.07% of the total binational imports and exports. These values were also up 20.18%, up 2.19%, down 20.24%, up 1.84%, up 538.13% comparing to the same period last year.

During the current year until 202011, 87, 84, 85, 44, 64 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1696.0107 million, 163.3720 million, 78.3348 million, 37.9209 million, 17.7429 million. These values account for 80.95%, 7.80%, 3.74%, 1.81%, 0.85% of SLOVAKIA's total exports and were up 20.88%, down 1.70%, up 19.69%, up 8.97%, up 25.20% comparing to the same period of last year.

During the current year until 202011, 85, 84, 87, 63, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 1426.2871 million, 476.7717 million, 195.1641 million, 100.9952 million, 94.0965 million. These values account for 49.90%, 16.68%, 6.83%, 3.53%, 3.29% of SLOVAKIA's total imports and were up 1.37%, down 25.08%, up 14.49%, up 628.07%, down 1.13% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat