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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202201

 1.  Overview the trade of SLOVAKIA in goods current year until 202201

According to Dalian Infobank, in 202201SLOVAKIA's exports and imports of goods amounted to 17123.7413 million, and were up 11.16% comparing with the same period of last year. Among these, exports were up 5.70% at 8329.4359 million, and imports were up 16.88% at 8794.3054 million. And the corresponding trade deficit was 464.8694 million and down 230.37%.

During the current year until 202201, SLOVAKIA's total exports and imports of goods were 17123.7413 million and were up 11.16% comparing to the same period of last year. Among these, exports were 8329.4359 million and up 5.70%; imports were 8794.3054 million and up 16.88%. The total trade deficit was 464.8694 million and down 230.37%.

If considering by country (region), INTRA-EU, RUSSIA, CHINA, SOUTH KOREA, UNITED STATES were SLOVAKIA's top five trading partners. During the current year until 202201, SLOVAKIA's imports and exports to five countries/territories were 13803.0800 million, 759.3676 million, 616.2004 million, 347.3111 million, 278.2146 million. These values correspond to 80.61%, 4.43%, 3.60%, 2.03%, 1.62% of SLOVAKIA's imports and exports, and, respectively, were 0, up 95.17%, up 9.86%, up 5.25%, down 8.50% comparing to the same period of last year.

Current year until 202201, SLOVAKIA and the top five trade partners INTRA-EU, UNITED STATES, CHINA, SWITZERLAND, RUSSIA are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202201, SLOVAKIA's exports to these five countries/territories were 7127.8200 million, 240.2826 million, 212.0317 million, 115.9036 million, 114.8171 million. These values correspond to 85.57%, 2.88%, 2.55%, 1.39%, 1.38% of SLOVAKIA's exports and, respectively, were 0, down 7.80%, down 8.01%, down 11.58%, down 5.42% comparing with the same period of last year.

Current year until 202201, SLOVAKIA's exports to top five countries/territories INTRA-EU, RUSSIA, CHINA, SOUTH KOREA, VIETNAM are the top five countries/territories that SLOVAKIA imports from in terms of the total export amount. During the current year until 202201, SLOVAKIA's imports from these five countries/territories were 6675.2600 million, 644.5505 million, 404.1688 million, 319.8196 million, 134.7550 million. These values correspond to 75.90%, 7.33%, 4.60%, 3.64%, 1.53% of SLOVAKIA's total imports and, respectively, were 0, up 140.78%, up 22.34%, up 0.56%, up 13.49% comparing with the same period of last year.

During the current year until 202201, the trade surplus of SLOVAKIA was mainly from INTRA-EU, UNITED STATES, SWITZERLAND, AUSTRALIA, NORWAY at 452.5600 million, 202.3506 million, 77.3921 million, 22.5311 million, 15.3837 million, and 0, down 6.82%, down 22.56%, down 20.31%, up 6.05%. And the trade deficits were mainly from RUSSIA, SOUTH KOREA, CHINA, VIETNAM, MALAYSIA at 529.7334 million, 292.3281 million, 192.1371 million, 133.0579 million, 62.9957 million, and up 262.07%, down 4.50%, up 92.37%, up 13.21%, up 31.11%.

Current year until 202201, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 99, 85, 27, 87, 84, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 13803.0800 million, 807.7711 million, 688.9615 million, 666.6700 million, 359.1083 million, which were up 12918.39%, down 74.33%, up 25.13%, down 83.79%, down 80.26% comparing with the same period of last year and account for 80.61%, 4.72%, 4.02%, 3.89%, 2.10% of SLOVAKIA's total imports and exports.

During the current year until 202201, 99, 87, 85, 84, 40 were SLOVAKIA's top five traded commodities, with total import and export values of 7127.8200 million, 544.8341 million, 170.9499 million, 160.2420 million, 51.7353 million. These values correspond to 85.57%, 6.54%, 2.05%, 1.92%, 0.62% of SLOVAKIA's total exports and, respectively, were up 167842.80%, down 80.27%, down 88.22%, down 82.27%, down 71.82% comparing to the same period of last year.

During the current year until 202201, 99, 27, 85, 84, 87 were SLOVAKIA's top five traded commodities, with total import values of 6675.2600 million, 670.3103 million, 636.8212 million, 198.8663 million, 121.8359 million. These values correspond to 75.90%, 7.62%, 7.24%, 2.26%, 1.39% of SLOVAKIA's total exports and, respectively, were up 6458.30%, up 82.74%, down 62.44%, down 78.28%, down 90.98% comparing to the same period of last year.


2. Current year until 202201, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202201, SLOVAKIA-China binational exports and imports of goods amounted to 616.2004 million and were up 9.86% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 212.0317 million and down 8.01%, imports from China to SLOVAKIA were 404.1688 million and up 22.34%. The total binational trade deficit was 192.1371 million and up 92.37%.

During the urrent year until 202201, commodities with hs2 code, 85, 87, 84, 73, 90, were binational trade's top five traded commodities. They correspond to import and export values of 223.4520 million, 193.8816 million, 88.1284 million, 16.1702 million, 13.4631 million and makes up 36.26%, 31.46%, 14.30%, 2.62%, 2.18% of the total binational imports and exports. These values were also up 13.38%, down 16.23%, up 58.52%, up 23.97%, up 44.55% comparing to the same period last year.

During the current year until 202201, 87, 84, 85, 95, 44 were the top five traded commodities exported to China from SLOVAKIA, with export values of 170.1145 million, 22.0940 million, 8.4887 million, 1.6218 million, 1.3439 million. These values account for 80.23%, 10.42%, 4.00%, 0.76%, 0.63% of SLOVAKIA's total exports and were down 14.53%, up 81.37%, up 1.92%, up 3400.85%, down 9.45% comparing to the same period of last year.

During the current year until 202201, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 214.9633 million, 66.0343 million, 23.7671 million, 15.4383 million, 12.4124 million. These values account for 53.19%, 16.34%, 5.88%, 3.82%, 3.07% of SLOVAKIA's total imports and were up 13.88%, up 52.11%, down 26.69%, up 28.71%, up 45.12% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat