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Foreign trade development in December 2018 and over 2018

Foreign trade development in December 2018 and over 2018

Last update: 16.01.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 08.02.2019

 

 


In December 2018, the total export of goods reached the value of EUR 5 840,2 million with a 5,9 % year-on-year increase. The total import of goods rose by 7,4 % to EUR 5 969,5 million. The foreign trade balance was in deficit in the value of EUR 129,3 million (by EUR 85,1 million higher than in the corresponding period last year).

In January-December 2018, compared with the corresponding period last year, the total export of goods increased by 6,9 % to EUR 79 897,7 million and the total import by 8 % to EUR 77 445,6 million. The foreign trade balance was in surplus in the amount of EUR 2 452,1 million (by EUR 599,1 million lower than in the corresponding period last year).

In January-December 2018, compared with the corresponding period last year, export to the EU Member States increased by 6,6 % and it represented 85,2 % of the total export. Import from the EU Member States represented 67,8 % of the total import and it grew by 9,8 %, year-on-year.

In January-December 2018 compared with the corresponding period last year, export to the non-EU countries increased by 8,3 % and it represented 14,8 % of the total export. Import from the non-EU countries represented 32,2 % of the total import and it increased by 4,3 %, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 60,5 % of the total export and 48,7 % of the total import. 

In December 2018, after seasonal adjustment, the total export of goods reached the value of EUR 7 047,1 million with a year-on-year growth by 9,3 %.  The total import of goods increased by 11 % to EUR 6 798 million. The foreign trade balance was in surplus in the amount of EUR 249 million (by EUR 75,9 million lower than in
December 2017).


Note: Data are preliminary, at current prices, in the FOB-type value. Detailed data will be published, according to the First Release Calendar, on 11th March 2019. 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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