1. Overview the trade of SLOVAKIA in goods current year until 202012
According to Dalian Infobank, in 202012, SLOVAKIA's exports and imports of goods amounted to 15439.7129 million, and were up 20.48% comparing with the same period of last year. Among these, exports were up 22.01% at 7770.2800 million, and imports were up 18.97% at 7669.4330 million. And the corresponding trade surplus was 100.8470 million and down 229.14%.
During the current year until 202012, SLOVAKIA's total exports and imports of goods were 170495.6732 million and were down 5.02% comparing to the same period of last year. Among these, exports were 86097.8023 million and down 3.81%; imports were 84397.8709 million and down 6.23%. The total trade surplus was 1699.9314 million and down 445.54%.
If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202012, SLOVAKIA's imports and exports to five countries/territories were 35556.4554 million, 24096.1206 million, 13303.3295 million, 12058.3494 million, 11679.2820 million. These values correspond to 20.85%, 14.13%, 7.80%, 7.07%, 6.85% of SLOVAKIA's imports and exports, and, respectively, were down 5.11%, down 2.10%, down 1.68%, down 8.14%, down 4.66% comparing to the same period of last year.
Current year until 202012, 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 202012, SLOVAKIA's exports to these five countries/territories were 19055.1524 million, 9128.8493 million, 6821.0477 million, 6293.2412 million, 5511.2395 million. These values correspond to 22.13%, 10.60%, 7.92%, 7.31%, 6.40% of SLOVAKIA's exports and, respectively, were down 3.76%, down 8.01%, up 0.81%, up 0.19%, down 5.01% comparing with the same period of last year.
Current year until 202012, 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 202012, SLOVAKIA's imports from these five countries/territories were 16501.3030 million, 14967.2712 million, 7334.2340 million, 6482.2817 million, 6168.0425 million. These values correspond to 19.55%, 17.73%, 8.69%, 7.68%, 7.31% of SLOVAKIA's total imports and, respectively, were down 6.63%, up 1.89%, down 8.88%, down 4.16%, down 4.34% comparing with the same period of last year.
During the current year until 202012, the trade surplus of SLOVAKIA was mainly from UNITED STATES, GERMANY, FRANCE, UNITED KINGDOM, SWITZERLAND at 2707.9335 million, 2553.8494 million, 2540.9671 million, 2409.5943 million, 864.2993 million, and up 22.07%, up 20.01%, down 1.52%, down 10.22%, down 3.81%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, VIETNAM at 5838.4219 million, 2833.8047 million, 2610.1186 million, 1439.8614 million, 1201.4989 million, and up 22.51%, down 22.16%, down 12.16%, down 30.71%, up 8.95%.
Current year until 202012, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202012, 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 43915.8783 million, 33794.7416 million, 21099.2217 million, 6409.9128 million, 5825.4290 million, which were down 1.40%, down 3.13%, down 6.40%, down 23.48%, down 6.51% comparing with the same period of last year and account for 25.76%, 19.82%, 12.38%, 3.76%, 3.42% of SLOVAKIA's total imports and exports.
During the current year until 202012, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 29297.0320 million, 15514.3889 million, 10508.0418 million, 2826.6008 million, 2436.4686 million. These values correspond to 34.03%, 18.02%, 12.20%, 3.28%, 2.83% of SLOVAKIA's total exports and, respectively, were up 2.10%, down 5.21%, down 4.22%, down 20.15%, down 4.45% comparing to the same period of last year.
During the current year until 202012, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 18280.3527 million, 14618.8463 million, 10591.1799 million, 4336.7444 million, 3388.9605 million. These values correspond to 21.66%, 17.32%, 12.55%, 5.14%, 4.02% of SLOVAKIA's total exports and, respectively, were down 1.30%, down 7.74%, down 8.47%, down 25.53%, down 7.93% comparing to the same period of last year.
2. Current year until 202012, SLOVAKIA binational trade profile
According to Dalian Infobank, during the current year until 202012, SLOVAKIA-China binational exports and imports of goods amounted to 5527.7096 million and were up 7.71% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 2360.1491 million and up 24.96%, imports from China to SLOVAKIA were 3167.5605 million and down 2.33%. The total binational trade deficit was 807.4114 million and down 40.39%.
During the urrent year until 202012, 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 2139.8421 million, 1700.4598 million, 702.5058 million, 115.0652 million, 105.8072 million and makes up 38.71%, 30.76%, 12.71%, 2.08%, 1.91% of the total binational imports and exports. These values were also up 28.36%, up 4.72%, down 18.26%, up 2.95%, up 507.92% comparing to the same period last year.
During the current year until 202012, 87, 84, 85, 44, 64 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1921.8941 million, 178.9724 million, 85.9445 million, 41.4708 million, 21.4662 million. These values account for 81.43%, 7.58%, 3.64%, 1.76%, 0.91% of SLOVAKIA's total exports and were up 30.22%, down 0.25%, up 21.95%, up 14.74%, up 42.28% comparing to the same period of last year.
During the current year until 202012, 85, 84, 87, 63, 73 were SLOVAKIA's top five traded commodities importing from China , with import values of 1614.5152 million, 523.5334 million, 217.9480 million, 103.9234 million, 101.6775 million. These values account for 50.97%, 16.53%, 6.88%, 3.28%, 3.21% of SLOVAKIA's total imports and were up 3.94%, down 23.01%, up 14.02%, up 601.17%, down 0.59% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat