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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202104

 1.  Overview the trade of SLOVAKIA in goods current year until 202104

According to Dalian Infobank, in 202104SLOVAKIA's exports and imports of goods amounted to 17300.7633 million, and were up 107.27% comparing with the same period of last year. Among these, exports were up 123.04% at 8673.6384 million, and imports were up 93.51% at 8627.1249 million. And the corresponding trade surplus was 46.5135 million and down 108.17%.

During the current year until 202104, SLOVAKIA's total exports and imports of goods were 69020.7898 million and were up 34.50% comparing to the same period of last year. Among these, exports were 35100.0786 million and up 39.75%; imports were 33920.7112 million and up 29.48%. The total trade surplus was 1179.3674 million and down 209.08%.

If considering by country (region), GERMANY, CZECH REPUBLIC, POLAND, AUSTRIA, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202104, SLOVAKIA's imports and exports to five countries/territories were 14940.0631 million, 9319.9758 million, 5419.1547 million, 4605.4244 million, 4499.8002 million. These values correspond to 21.65%, 13.50%, 7.85%, 6.67%, 6.52% of SLOVAKIA's imports and exports, and, respectively, were up 42.12%, up 30.68%, up 35.89%, up 18.49%, up 26.98% comparing to the same period of last year.

Current year until 202104, 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 202104, SLOVAKIA's exports to these five countries/territories were 8025.5561 million, 3676.7082 million, 2891.8295 million, 2548.1306 million, 2149.0519 million. These values correspond to 22.86%, 10.47%, 8.24%, 7.26%, 6.12% of SLOVAKIA's exports and, respectively, were up 41.34%, up 34.28%, up 42.13%, up 62.68%, up 27.86% comparing with the same period of last year.

Current year until 202104, 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 202104, SLOVAKIA's imports from these five countries/territories were 6914.5070 million, 5643.2676 million, 2783.8827 million, 2527.3252 million, 2350.7483 million. These values correspond to 20.38%, 16.64%, 8.21%, 7.45%, 6.93% of SLOVAKIA's total imports and, respectively, were up 43.04%, up 28.44%, up 16.99%, up 29.39%, up 26.18% comparing with the same period of last year.

During the current year until 202104, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED STATES, FRANCE, UNITED KINGDOM, SPAIN at 1111.0492 million, 1070.9423 million, 1033.5248 million, 845.8947 million, 405.2799 million, and up 31.58%, up 132.71%, up 108.01%, up 1.59%, up 63.43%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, RUSSIA, VIETNAM at 1966.5594 million, 1383.6841 million, 962.3410 million, 688.7919 million, 529.9795 million, and up 18.79%, up 21.08%, up 10.31%, down 10.48%, up 109.62%.

Current year until 202104, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202104,  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 18884.7570 million, 13303.2772 million, 8365.7502 million, 2578.9080 million, 2512.8273 million, which were up 63.13%, up 37.37%, up 25.62%, up 48.24%, up 35.63% comparing with the same period of last year and account for 27.36%, 19.27%, 12.12%, 3.74%, 3.64% of SLOVAKIA's total imports and exports.

During the current year until 202104, 87, 85, 84, 72, 39 were SLOVAKIA's top five traded commodities, with total import and export values of 12790.8958 million, 5855.1469 million, 4130.7515 million, 1543.9321 million, 1116.1960 million. These values correspond to 36.44%, 16.68%, 11.77%, 4.40%, 3.18% of SLOVAKIA's total exports and, respectively, were up 70.24%, up 33.62%, up 25.80%, up 63.96%, up 44.12% comparing to the same period of last year.

During the current year until 202104, 85, 87, 84, 27, 39 were SLOVAKIA's top five traded commodities, with total import values of 7448.1303 million, 6093.8612 million, 4234.9987 million, 1643.0484 million, 1396.6313 million. These values correspond to 21.96%, 17.97%, 12.48%, 4.84%, 4.12% of SLOVAKIA's total exports and, respectively, were up 40.47%, up 49.97%, up 25.45%, down 1.23%, up 29.54% comparing to the same period of last year.


2. Current year until 202104, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202104, SLOVAKIA-China binational exports and imports of goods amounted to 2431.0626 million and were up 72.10% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 1067.8619 million and up 194.07%, imports from China to SLOVAKIA were 1363.2007 million and up 29.90%. The total binational trade deficit was 295.3389 million and down 56.96%.

During the urrent year until 202104, commodities with hs2 code, 87, 85, 84, 73, 90, were binational trade's top five traded commodities. They correspond to import and export values of 1012.0672 million, 804.8101 million, 263.8891 million, 48.9686 million, 34.3378 million and makes up 41.63%, 33.11%, 10.85%, 2.01%, 1.41% of the total binational imports and exports. These values were also up 216.60%, up 67.98%, up 2.84%, up 38.40%, down 4.42% comparing to the same period last year.

During the current year until 202104, 87, 84, 85, 44, 95 were the top five traded commodities exported to China from SLOVAKIA, with export values of 893.3065 million, 66.6388 million, 33.1016 million, 19.3756 million, 10.2353 million. These values account for 83.65%, 6.24%, 3.10%, 1.81%, 0.96% of SLOVAKIA's total exports and were up 261.63%, up 40.82%, up 45.79%, up 75.42%, up 6019.34% comparing to the same period of last year.

During the current year until 202104, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 771.7085 million, 197.2504 million, 118.7606 million, 43.1506 million, 30.4756 million. These values account for 56.61%, 14.47%, 8.71%, 3.17%, 2.24% of SLOVAKIA's total imports and were up 69.08%, down 5.75%, up 63.49%, up 37.39%, down 1.75% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat