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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202107

 1.  Overview the trade of SLOVAKIA in goods current year until 202107

According to Dalian Infobank, in 202107SLOVAKIA's exports and imports of goods amounted to 15917.9392 million, and were up 17.31% comparing with the same period of last year. Among these, exports were up 11.20% at 7707.6264 million, and imports were up 23.69% at 8210.3128 million. And the corresponding trade deficit was 502.6864 million and down 271.11%.

During the current year until 202107, SLOVAKIA's total exports and imports of goods were 120431.6050 million and were up 35.72% comparing to the same period of last year. Among these, exports were 60595.4333 million and up 36.23%; imports were 59836.1717 million and up 35.21%. The total trade surplus was 759.2615 million and up 235.64%.

If considering by country (region), GERMANY, CZECH REPUBLIC, INTRA-EU, POLAND, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202107, SLOVAKIA's imports and exports to five countries/territories were 22603.5925 million, 14548.5373 million, 13004.2000 million, 8200.5085 million, 6858.6420 million. These values correspond to 18.77%, 12.08%, 10.80%, 6.81%, 5.70% of SLOVAKIA's imports and exports, and, respectively, were up 22.95%, up 16.01%, 0, up 17.02%, up 12.84% comparing to the same period of last year.

Current year until 202107, SLOVAKIA and the top five trade partners GERMANY, INTRA-EU, CZECH REPUBLIC, POLAND, FRANCE are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202107, SLOVAKIA's exports to these five countries/territories were 12282.2004 million, 6383.8800 million, 5774.5375 million, 4343.2259 million, 3680.5842 million. These values correspond to 20.27%, 10.54%, 9.53%, 7.17%, 6.07% of SLOVAKIA's exports and, respectively, were up 22.08%, 0, up 21.71%, up 21.94%, up 20.12% comparing with the same period of last year.

Current year until 202107, SLOVAKIA's exports to top five countries/territories GERMANY, CZECH REPUBLIC, INTRA-EU, AUSTRIA, POLAND are the top five countries/territories that SLOVAKIA imports from in terms of the total export amount. During the current year until 202107, SLOVAKIA's imports from these five countries/territories were 10321.3921 million, 8773.9998 million, 6620.3200 million, 4032.0877 million, 3857.2826 million. These values correspond to 17.25%, 14.66%, 11.06%, 6.74%, 6.45% of SLOVAKIA's total imports and, respectively, were up 24.01%, up 12.54%, 0, up 0.05%, up 11.95% comparing with the same period of last year.

During the current year until 202107, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND at 1960.8084 million, 1703.5877 million, 1455.8477 million, 1304.2177 million, 625.9500 million, and up 12.80%, up 77.34%, up 22.28%, up 6.51%, up 32.40%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, RUSSIA, AUSTRIA, VIETNAM at 2999.4622 million, 2258.9286 million, 1443.4293 million, 1318.8646 million, 934.8555 million, and down 1.71%, up 38.74%, up 52.50%, down 6.79%, up 92.67%.

Current year until 202107, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202107,  commodities with hs2 codes, 87, 85, 99, 84, 72, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 28173.6164 million, 20525.8855 million, 13764.9004 million, 13243.6827 million, 4294.8819 million, which were up 33.05%, up 22.90%, up 2693.31%, up 16.13%, up 55.33% comparing with the same period of last year and account for 23.39%, 17.04%, 11.43%, 11.00%, 3.57% of SLOVAKIA's total imports and exports.

During the current year until 202107, 87, 85, 84, 99, 72 were SLOVAKIA's top five traded commodities, with total import and export values of 19238.4410 million, 8934.4275 million, 6557.7521 million, 6402.5716 million, 2562.7599 million. These values correspond to 31.75%, 14.74%, 10.82%, 10.57%, 4.23% of SLOVAKIA's total exports and, respectively, were up 36.84%, up 15.80%, up 15.55%, up 35926.40%, up 67.97% comparing to the same period of last year.

During the current year until 202107, 85, 87, 99, 84, 27 were SLOVAKIA's top five traded commodities, with total import values of 11591.4580 million, 8935.1754 million, 7362.3289 million, 6685.9306 million, 3021.6047 million. These values correspond to 19.37%, 14.93%, 12.30%, 11.17%, 5.05% of SLOVAKIA's total exports and, respectively, were up 28.99%, up 25.55%, up 1449.94%, up 16.70%, up 20.69% comparing to the same period of last year.


2. Current year until 202107, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202107, SLOVAKIA-China binational exports and imports of goods amounted to 4141.8663 million and were up 57.25% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 1753.4490 million and up 76.94%, imports from China to SLOVAKIA were 2388.4173 million and up 45.38%. The total binational trade deficit was 634.9683 million and down 2.60%.

During the urrent year until 202107, 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 1624.2189 million, 1419.9365 million, 460.7148 million, 88.9829 million, 65.2740 million and makes up 39.21%, 34.28%, 11.12%, 2.15%, 1.58% of the total binational imports and exports. These values were also up 89.13%, up 90.70%, up 5.27%, up 42.19%, up 2.09% comparing to the same period last year.

During the current year until 202107, 87, 84, 85, 44, 95 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1428.0538 million, 122.1363 million, 63.5411 million, 38.9409 million, 15.5852 million. These values account for 81.44%, 6.97%, 3.62%, 2.22%, 0.89% of SLOVAKIA's total exports and were up 90.75%, up 16.33%, up 41.24%, up 72.14%, up 228.98% comparing to the same period of last year.

During the current year until 202107, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 1356.3954 million, 338.5785 million, 196.1652 million, 79.7428 million, 55.3473 million. These values account for 56.79%, 14.18%, 8.21%, 3.34%, 2.32% of SLOVAKIA's total imports and were up 93.88%, up 1.78%, up 78.11%, up 45.32%, up 1.86% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat