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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202103

 1.  Overview the trade of SLOVAKIA in goods current year until 202103

According to Dalian Infobank, in 202103SLOVAKIA's exports and imports of goods amounted to 19526.6471 million, and were up 42.75% comparing with the same period of last year. Among these, exports were up 51.69% at 9962.0033 million, and imports were up 34.48% at 9564.6439 million. And the corresponding trade surplus was 397.3594 million and down 172.94%.

During the current year until 202103, SLOVAKIA's total exports and imports of goods were 51720.0265 million and were up 20.37% comparing to the same period of last year. Among these, exports were 26426.4402 million and up 24.49%; imports were 25293.5863 million and up 16.34%. The total trade surplus was 1132.8539 million and down 321.33%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202103, SLOVAKIA's imports and exports to five countries/territories were 11297.9328 million, 6844.1737 million, 4020.3466 million, 3550.4005 million, 3366.8866 million. These values correspond to 21.84%, 13.23%, 7.77%, 6.86%, 6.51% of SLOVAKIA's imports and exports, and, respectively, were up 25.12%, up 19.03%, up 22.02%, up 10.77%, up 14.00% comparing to the same period of last year.

Current year until 202103, 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 202103, SLOVAKIA's exports to these five countries/territories were 6122.7956 million, 2720.9641 million, 2184.7901 million, 1890.2188 million, 1609.8720 million. These values correspond to 23.17%, 10.30%, 8.27%, 7.15%, 6.09% of SLOVAKIA's exports and, respectively, were up 26.40%, up 23.06%, up 31.21%, up 31.56%, up 15.48% comparing with the same period of last year.

Current year until 202103, 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 202103, SLOVAKIA's imports from these five countries/territories were 5175.1372 million, 4123.2096 million, 2172.0211 million, 1835.5565 million, 1757.0146 million. These values correspond to 20.46%, 16.30%, 8.59%, 7.26%, 6.95% of SLOVAKIA's total imports and, respectively, were up 23.65%, up 16.51%, up 10.02%, up 12.64%, up 12.68% comparing with the same period of last year.

During the current year until 202103, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED STATES, FRANCE, UNITED KINGDOM, POLAND at 947.6584 million, 787.9689 million, 766.0440 million, 650.0875 million, 349.2336 million, and up 43.90%, up 106.58%, up 56.01%, down 15.47%, up 884.78%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, VIETNAM at 1402.2455 million, 1067.2937 million, 793.6417 million, 507.2889 million, 408.3883 million, and up 5.61%, up 26.36%, up 6.77%, down 22.62%, up 103.48%.

Current year until 202103, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202103,  commodities with hs2 codes, 87, 85, 84, 72, 39, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 14225.1381 million, 10131.0191 million, 6229.0210 million, 1850.2119 million, 1841.9859 million, which were up 34.34%, up 26.12%, up 14.90%, up 32.50%, up 21.74% comparing with the same period of last year and account for 27.50%, 19.59%, 12.04%, 3.58%, 3.56% of SLOVAKIA's total imports and exports.

During the current year until 202103, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 9693.2417 million, 4441.2797 million, 3084.8089 million, 1109.3420 million, 826.3760 million. These values correspond to 36.68%, 16.81%, 11.67%, 4.20%, 3.13% of SLOVAKIA's total exports and, respectively, were up 41.41%, up 22.55%, up 15.26%, up 47.37%, up 30.57% comparing to the same period of last year.

During the current year until 202103, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 5689.7394 million, 4531.8964 million, 3144.2121 million, 1185.3166 million, 1015.6099 million. These values correspond to 22.49%, 17.92%, 12.43%, 4.69%, 4.02% of SLOVAKIA's total exports and, respectively, were up 29.05%, up 21.35%, up 14.56%, down 13.47%, up 15.38% comparing to the same period of last year.


2. Current year until 202103, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202103, SLOVAKIA-China binational exports and imports of goods amounted to 1822.3613 million and were up 65.66% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 779.4907 million and up 150.57%, imports from China to SLOVAKIA were 1042.8705 million and up 32.19%. The total binational trade deficit was 263.3798 million and down 44.88%.

During the urrent year until 202103, commodities with hs2 code, 87, 85, 84, 73, 83, were binational trade's top five traded commodities. They correspond to import and export values of 740.1018 million, 617.8112 million, 194.4240 million, 38.5184 million, 25.0537 million and makes up 40.61%, 33.90%, 10.67%, 2.11%, 1.37% of the total binational imports and exports. These values were also up 152.05%, up 59.47%, up 2.05%, up 37.44%, up 51.04% comparing to the same period last year.

During the current year until 202103, 87, 84, 85, 44, 95 were the top five traded commodities exported to China from SLOVAKIA, with export values of 653.5498 million, 47.4840 million, 23.3338 million, 13.3879 million, 9.7918 million. These values account for 83.84%, 6.09%, 2.99%, 1.72%, 1.26% of SLOVAKIA's total exports and were up 183.10%, up 51.66%, up 51.42%, up 94.56%, up 36178.20% comparing to the same period of last year.

During the current year until 202103, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 594.4774 million, 146.9400 million, 86.5520 million, 34.3254 million, 21.6109 million. These values account for 57.00%, 14.09%, 8.30%, 3.29%, 2.07% of SLOVAKIA's total imports and were up 59.80%, down 7.70%, up 37.88%, up 37.83%, down 12.48% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat