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Monitor Report of SLOVAKIA trade and SLOVAKIA-China binational trade in 202207

 1.  Overview the trade of SLOVAKIA in goods current year until 202207

According to Dalian Infobank, in 202207SLOVAKIA's exports and imports of goods amounted to 17518.0064 million, and were up 9.31% comparing with the same period of last year. Among these, exports were up 5.76% at 8387.1769 million, and imports were up 12.79% at 9130.8295 million. And the corresponding trade deficit was 743.6526 million and up 350.78%.

During the current year until 202207, SLOVAKIA's total exports and imports of goods were 130736.7050 million and were up 8.47% comparing to the same period of last year. Among these, exports were 63851.8172 million and up 5.10%; imports were 66884.8878 million and up 11.89%. The total trade deficit was 3033.0707 million and down 409.61%.

If considering by country (region), GERMANY, CZECH REPUBLIC, INTRA-EU, POLAND, HUNGARY were SLOVAKIA's top five trading partners. During the current year until 202207, SLOVAKIA's imports and exports to five countries/territories were 22039.8970 million, 16727.9844 million, 14555.9700 million, 9782.4510 million, 8427.0500 million. These values correspond to 16.86%, 12.80%, 11.13%, 7.48%, 6.45% of SLOVAKIA's imports and exports, and, respectively, were down 13.87%, down 0.42%, 0, up 0.45%, up 4.06% comparing to the same period of last year.

Current year until 202207, SLOVAKIA and the top five trade partners GERMANY, INTRA-EU, CZECH REPUBLIC, POLAND, HUNGARY are the top five countries/territories that SLOVAKIA exports to in terms of the total export amount. During the current year until 202207, SLOVAKIA's exports to these five countries/territories were 11818.6197 million, 7023.5100 million, 6873.8690 million, 4609.1374 million, 4504.7328 million. These values correspond to 18.51%, 11.00%, 10.77%, 7.22%, 7.05% of SLOVAKIA's exports and, respectively, were down 13.25%, 0, up 0.24%, down 9.30%, up 13.28% comparing with the same period of last year.

Current year until 202207, SLOVAKIA's exports to top five countries/territories GERMANY, CZECH REPUBLIC, INTRA-EU, POLAND, AUSTRIA are the top five countries/territories that SLOVAKIA imports from in terms of the total export amount. During the current year until 202207, SLOVAKIA's imports from these five countries/territories were 10221.2773 million, 9854.1154 million, 7532.4600 million, 5173.3136 million, 4359.6845 million. These values correspond to 15.28%, 14.73%, 11.26%, 7.73%, 6.52% of SLOVAKIA's total imports and, respectively, were down 14.57%, down 0.88%, 0, up 11.07%, down 4.52% comparing with the same period of last year.

During the current year until 202207, the trade surplus of SLOVAKIA was mainly from GERMANY, UNITED KINGDOM, UNITED STATES, FRANCE, ITALY at 1597.3424 million, 1533.2196 million, 1505.7351 million, 1232.2847 million, 718.5541 million, and down 3.72%, down 1.73%, down 11.62%, down 20.25%, up 40.70%. And the trade deficits were mainly from RUSSIA, CZECH REPUBLIC, SOUTH KOREA, AUSTRIA, CHINA at 3755.8989 million, 2980.2464 million, 2343.5242 million, 1297.1509 million, 996.1044 million, and up 159.99%, down 3.35%, up 3.69%, down 1.14%, up 56.22%.

Current year until 202207, SLOVAKIA's trade surplus or deficit with top five countries/territories During the current year until 202207,  commodities with hs2 codes, 87, 85, 99, 84, 27, were SLOVAKIA's top five traded commodities. They correspond to the import and export values of 25978.7253 million, 20162.0744 million, 14760.2324 million, 13115.0745 million, 9730.5414 million, which were down 15.13%, down 10.19%, up 3861.99%, down 13.50%, up 102.38% comparing with the same period of last year and account for 19.87%, 15.42%, 11.29%, 10.03%, 7.44% of SLOVAKIA's total imports and exports.

During the current year until 202207, 87, 85, 99, 84, 72 were SLOVAKIA's top five traded commodities, with total import and export values of 17200.7237 million, 8703.5309 million, 7064.7362 million, 6735.3797 million, 3458.1617 million. These values correspond to 26.94%, 13.63%, 11.06%, 10.55%, 5.42% of SLOVAKIA's total exports and, respectively, were down 16.33%, down 12.37%, up 22638.65%, down 9.87%, up 12.23% comparing to the same period of last year.

During the current year until 202207, 85, 87, 99, 27, 84 were SLOVAKIA's top five traded commodities, with total import values of 11458.5435 million, 8778.0016 million, 7695.4961 million, 7233.6080 million, 6379.6947 million. These values correspond to 17.13%, 13.12%, 11.51%, 10.82%, 9.54% of SLOVAKIA's total exports and, respectively, were down 8.46%, down 12.70%, up 2153.59%, up 117.55%, down 17.03% comparing to the same period of last year.


2. Current year until 202207, SLOVAKIA binational trade profile

According to Dalian Infobank, during the current year until 202207, SLOVAKIA-China binational exports and imports of goods amounted to 4131.4816 million and were down 0.30% comparing with the same period of last year. Among these, exports from SLOVAKIA to China were 1567.6886 million and down 10.58%, imports from China to SLOVAKIA were 2563.7930 million and up 7.24%. The total binational trade deficit was 996.1044 million and up 56.22%.

During the urrent year until 202207, 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 1469.4987 million, 1415.4109 million, 536.2412 million, 93.1709 million, 92.5745 million and makes up 35.57%, 34.26%, 12.98%, 2.26%, 2.24% of the total binational imports and exports. These values were also up 3.39%, down 12.86%, up 16.26%, up 4.66%, up 41.80% comparing to the same period last year.

During the current year until 202207, 87, 84, 85, 44, 64 were the top five traded commodities exported to China from SLOVAKIA, with export values of 1247.4598 million, 153.0688 million, 65.9045 million, 19.8993 million, 11.1775 million. These values account for 79.57%, 9.76%, 4.20%, 1.27%, 0.71% of SLOVAKIA's total exports and were down 12.63%, up 25.33%, up 3.68%, down 48.76%, down 4.71% comparing to the same period of last year.

During the current year until 202207, 85, 84, 87, 73, 90 were SLOVAKIA's top five traded commodities importing from China , with import values of 1403.5942 million, 383.1724 million, 167.9510 million, 88.8191 million, 82.5964 million. These values account for 54.75%, 14.95%, 6.55%, 3.46%, 3.22% of SLOVAKIA's total imports and were up 3.38%, up 12.99%, down 14.47%, up 11.27%, up 49.21% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat