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Foreign trade detailed data in August 2021 and in the first eight months of 2021
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Foreign trade detailed data in August 2021 and in the first eight months of 2021

Last update: 09.11.2021
Ilustračný obrázok
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 09.11.2021

In August, compared to the corresponding period last year, total exports of goods increased by 0,2 % to EUR 6 337,9 million and total imports increased by 10,4 % to EUR 6 462,9 million. The foreign trade balance was in deficit in the amount of EUR 125,1 million.

The foreign trade balance for January-August 2021 was in surplus in the amount of EUR 1 763,2 million (by EUR 404,3 million higher than in the corresponding period last year).

The Slovak Republic had the highest surplus with Germany (EUR 1 912,3 million), France (EUR 1 831 million), Hungary (EUR 1 748,6 million), Poland (EUR 1 683,3 million), Austria (EUR 1 638,5 million), the United Kingdom (EUR 1 503,3 million), the United States (EUR 1 239,6 million), the Czechia (EUR 1 124 million), Italy (EUR 796 million), and the Netherlands (EUR 549,6 million).

The highest deficit was with the Republic of Korea (EUR 2 824,2 million), Viet Nam (EUR 2 498,9 million), the Russian Federation (EUR 2 265,4 million), China (EUR 2 046,5 million), Malaysia (EUR 496,1 million), Taiwan (EUR 232,7 million), Bangladesh (EUR 189,8 million), and Thailand (EUR 163,5 million).

Goods in the amount of EUR 57 263,3 million were exported from the Slovak Republic. Compared to the corresponding period in 2020, total exports increased by 23,2 %.

In terms of goods, exports of passenger cars and other motor vehicles designed mainly for the transport of persons increased by EUR 3 026,8 million, parts, components and accessories of motor vehicles by EUR 873,9 million, monitors and projectors, television sets by EUR 631,5 million, flat-rolled products of iron or non-alloy steel, hot-rolled by EUR 539,7 million and motor vehicles for freight transport by EUR 266,2 million.

Exports of medicines in measured doses or packages for retail sale decreased the most by EUR 58,4 million, soybean oil and its fractions by EUR 38,5 million, railway or tramway goods vans and wagons, not self-propelled by EUR 29,7 million and internal combustion piston engines by EUR 28,4 million.

Within the most important trading partners, exports to Germany increased by 21 %, the Czechia by 30,5 %, Poland by 28 %, France by 19,1 %, Hungary by 24,1 %, Austria by 14,2 %, Italy by 36,3 %, the United Kingdom by 15,4 %, the United States by 24,2 %, China by 46,2 %. Exports to Denmark decreased by 4,7 %, the Republic of Korea by 22,3 % and Norway by 19,3 %.

In terms of the main economic groupings, exports to the EU countries increased by 22,9 % (accounting for 79,3 % of the total Slovak exports) and to the OECD countries by 22,4 % (representing 87,2 % of the total Slovak exports).

Goods in the amount of EUR 55 500,2 million were imported to the Slovak Republic, with a year-on-year growth by 23 %.

In terms of goods, imports of parts and accessories of motor vehicles increased by EUR 1 151,9 million, oil gases and other gaseous hydrocarbons by EUR 475,9 million, wires and cables by EUR 472,7 million, electric accumulators, including their separators thereof by EUR 444,7 million, iron ores and concentrates, including roasted pyrites by EUR 416 million.

Imports of telephone sets, including telephones for the cellular network, dropped significantly by EUR 183,9 million and machinery and equipment for the production of pulp or for the production or finishing of paper or paperboard by EUR 72,7 million.

In relation to the most important trading partners, imports from Germany increased by 40,5 %, the Czechia by 14,8 %, China by 24,5 %, the Russian Federation by 41,8 %, Poland by 13,8 %, the Republic of Korea by 33,9 %, Viet Nam by 5,7 %, France by 16,9 % and Italy by 21,6 %. Imports from Hungary decreased by 13,6 % and from Switzerland by 2 %.

In terms of the main economic groupings, compared to the corresponding period of 2020, imports from EU countries increased by 21,6 % (accounting for 65,6 % of the total imports) and from the OECD countries by 20,7 % (representing 65,5 % of the total imports of the Slovak Republic).

Note: Data are preliminary at current prices in the FOB-type value. Information was processed by the Statistical Office of the SR on the basis of data from the Customs Section of the Financial Directorate of the SR obtained within the customs clearance and INTRASTAT-SK declarations, which are provided by consignee and consignor of goods.
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  • Slovak Republic
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