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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202108

 1.  Overview the trade of SLOVAKIA in goods current year until 202108

According to Dalian Infobank, in 202108SLOVAKIA's exports and imports of goods amounted to 14809.9263 million, and were up 1.79% comparing with the same period of last year. Among these, exports were down 5.60% at 7056.5488 million, and imports were up 9.61% at 7753.3775 million. And the corresponding trade deficit was 696.8287 million and down 273.55%.

During the current year until 202108, SLOVAKIA's total exports and imports of goods were 135346.0326 million and were up 31.04% comparing to the same period of last year. Among these, exports were 67827.3819 million and up 30.55%; imports were 67518.6507 million and up 31.54%. The total trade surplus was 308.7312 million and down 50.82%.

If considering by country (region), GERMANY, CZECH REPUBLIC, INTRA-EU, POLAND, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202108, SLOVAKIA's imports and exports to five countries/territories were 25824.0804 million, 16930.6987 million, 11889.7200 million, 9543.0745 million, 7939.7456 million. These values correspond to 19.08%, 12.51%, 8.78%, 7.05%, 5.87% of SLOVAKIA's imports and exports, and, respectively, were up 19.36%, up 16.17%, 0, up 17.07%, up 11.92% comparing to the same period of last year.

Current year until 202108, SLOVAKIA and the top five trade partners GERMANY, CZECH REPUBLIC, INTRA-EU, POLAND, FRANCE are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202108, SLOVAKIA's exports to these five countries/territories were 13945.2509 million, 6699.8189 million, 5886.0000 million, 5039.9912 million, 4123.6634 million. These values correspond to 20.56%, 9.88%, 8.68%, 7.43%, 6.08% of SLOVAKIA's exports and, respectively, were up 17.55%, up 21.64%, 0, up 21.25%, up 15.34% comparing with the same period of last year.

Current year until 202108, 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 202108, SLOVAKIA's imports from these five countries/territories were 11878.8296 million, 10230.8797 million, 6003.7200 million, 4660.6608 million, 4503.0833 million. These values correspond to 17.59%, 15.15%, 8.89%, 6.90%, 6.67% of SLOVAKIA's total imports and, respectively, were up 21.55%, up 12.84%, 0, down 2.59%, up 12.72% comparing with the same period of last year.

During the current year until 202108, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND at 2066.4213 million, 1850.9633 million, 1594.8881 million, 1558.6923 million, 694.0685 million, and down 1.13%, up 40.23%, up 10.19%, up 13.36%, up 27.30%. And the trade deficits were mainly from CZECH REPUBLIC, SOUTH KOREA, RUSSIA, AUSTRIA, VIETNAM at 3531.0608 million, 2572.8971 million, 1767.0364 million, 1436.3505 million, 1064.1282 million, and down 0.78%, up 49.18%, up 63.56%, down 17.71%, up 84.03%.

Current year until 202108, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202108,  commodities with hs2 codes, 87, 85, 84, 99, 72, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 31547.8271 million, 23430.0188 million, 15273.7022 million, 12782.1239 million, 5160.1746 million, which were up 24.97%, up 19.33%, up 16.93%, up 2083.58%, up 64.41% comparing with the same period of last year and account for 23.31%, 17.31%, 11.28%, 9.44%, 3.81% of SLOVAKIA's total imports and exports.

During the current year until 202108, 87, 85, 84, 99, 72 were SLOVAKIA's top five traded commodities, with total import and export values of 21454.4511 million, 10167.7512 million, 7537.7855 million, 5909.7939 million, 3068.0006 million. These values correspond to 31.63%, 14.99%, 11.11%, 8.71%, 4.52% of SLOVAKIA's total exports and, respectively, were up 27.18%, up 12.47%, up 16.37%, up 29199.59%, up 75.41% comparing to the same period of last year.

During the current year until 202108, 85, 87, 84, 99, 27 were SLOVAKIA's top five traded commodities, with total import values of 13262.2676 million, 10093.3761 million, 7735.9167 million, 6872.3300 million, 3619.2654 million. These values correspond to 19.64%, 14.95%, 11.46%, 10.18%, 5.36% of SLOVAKIA's total exports and, respectively, were up 25.19%, up 20.51%, up 17.47%, up 1115.90%, up 26.13% comparing to the same period of last year.


2. Current year until 202108, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202108, SLOVAKIA-China binational exports and imports of goods amounted to 4696.6869 million and were up 47.84% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 1978.0873 million and up 51.60%, imports from China to SLOVAKIA were 2718.5996 million and up 45.21%. The total binational trade deficit was 740.5123 million and up 30.53%.

During the urrent year until 202108, 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 1838.2716 million, 1611.0210 million, 518.9434 million, 103.4249 million, 72.7254 million and makes up 39.14%, 34.30%, 11.05%, 2.20%, 1.55% of the total binational imports and exports. These values were also up 59.29%, up 83.76%, up 8.66%, up 41.15%, up 1.90% comparing to the same period last year.

During the current year until 202108, 87, 84, 85, 44, 95 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1618.0720 million, 133.6217 million, 73.6476 million, 43.1315 million, 15.5987 million. These values account for 81.80%, 6.76%, 3.72%, 2.18%, 0.79% of SLOVAKIA's total exports and were up 56.86%, up 14.33%, up 43.49%, up 62.13%, up 228.42% comparing to the same period of last year.

During the current year until 202108, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 1537.3734 million, 385.3216 million, 220.1996 million, 93.1779 million, 61.6395 million. These values account for 56.55%, 14.17%, 8.10%, 3.43%, 2.27% of SLOVAKIA's total imports and were up 86.26%, up 6.82%, up 79.79%, up 43.23%, up 1.69% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat