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Foreign trade development in November 2019 and in the first eleven months of 2019

Foreign trade development in November 2019 and in the first eleven months of 2019

Last update: 09.01.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 09.01.2020

 

 


In November 2019, the total export of goods reached the value of EUR 7 309,1 million with a 4,3 % year-on-year decrease. The total import of goods decreased by 5,8 % to EUR 7 151,5 million. The foreign trade balance was in surplus in the value of EUR 157,6 million (by EUR 107,8 million higher than in the corresponding period in 2018).

In January-November 2019, compared with the corresponding period last year, the total export of goods increased by 1,6 % to EUR 74 616,1 million and the total import by 3,5 % to EUR 73 436,9 million. The foreign trade balance was in surplus in the amount of EUR 1 179,2 million (by EUR 1 347,4 million lower than in the corresponding period in 2018).

In January-November 2019, compared with the corresponding period in 2018, export to the EU Member States increased by 0,6 % and it represented 84,4 % of the total export. Import from the EU Member States represented 67,5 % of the total import and it grew by 5,1 %, year-on-year.

In January-November 2019, compared with the corresponding period in 2018, export to the non-EU Member States increased by 6,8 % and it represented 15,6 % of the total export. Import from the non-EU Member States represented 32,5 % of the total import and it increased by 0,4 %, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 62,7 % of the total export and 50,6 % of the total import. 

In November 2019, after seasonal adjustment, the total export of goods reached the value of EUR 6 594,2 million with a year-on-year decrease by 1,5 %.  The total import of goods decreased by 3 % to EUR 6 444,6 million. The foreign trade balance was in surplus in the amount of EUR 149,6 million (by EUR 95,9 million higher than in
November 2018).


Note: Data are preliminary, at current prices, in the FOB-type value. Detailed data will be published, according to the First Release Calendar, on 7th February 2020. 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. The seasonal analysis is carried out by the DEMETRA software.

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  • Slovak Republic
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