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Foreign trade detailed data in December and in the 2019

Foreign trade detailed data in December and in the 2019

Last update: 10.03.2020
ilustratívny obrázok/illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 10.03.2020

In December, compared with the corresponding period in 2018, the total export of goods increased by 2,3 % to EUR 5 806,4 million and the total import decreased by 1,5 % to EUR 5 807,7 million. The foreign trade balance was in deficit in the amount of EUR 1,3 million (by EUR 215,9 million lower deficit than in December 2018).

 In 2019, the foreign trade balance was in surplus in the amount of EUR 1 097,4 million (by EUR 1 212,1 million lower than in 2018).

The Slovak Republic recorded the highest active balance with Germany (EUR 5 119,5 million),  France (EUR 2 883,4 million), the United Kingdom (EUR 2 741,2 million), Austria (EUR 1 963,1 million), USA (EUR 1 580,5 million),  Poland (EUR 1 490 million), Spain (EUR 1 059,3 million), Italy (EUR 1 047,6 million), Hungary (EUR 959,1 million), the Czech Republic (EUR 868,3 million) and Romania (EUR 781,7 million).

The largest passive balance was recorded with Vietnam (EUR 4 021,1 million), the Republic of Korea (EUR 3 919,2 million), China (EUR 3 321,8 million),  the Russian Federation (EUR 3 028,8 million),  Malaysia (EUR 474,3 million), Taiwan (EUR 377,4 million) and Japan (EUR 377,3 million).

Goods in the amount of EUR 80 459,5 million were exported from the Slovak Republic. Compared with corresponding period of 2018, the total export rose by 1,7 %.

In terms of goods, an increase was recorded in export of motor cars and other motor vehicles principally designed for transport of persons by EUR 2 425,5 million, centrifuges, including centrifugal dryers by EUR 143,8 million, air or vacuum pumps, air or other gas compressors and fans by EUR 137,6 million, and electrical transformers, static converters and inductors by EUR 114,9 million.

The highest decrease was recorded in export of telephone sets including telephones for cellular networks by EUR 476,4 million, petroleum oils and oils obtained from bituminous minerals, other than crude by EUR 244,4 million, flat rolled products of iron or non-alloy steel,  hot rolled by EUR 235,5 million and semi-finished products of iron or non-alloy steel by EUR 170,8 million.

Relating the most significant trade partners, export increased to Germany by 2,3 %, France by 13,1 %, Hungary by 6,9 %, United Kingdom by 12,1 %, Romania by 3,4 % and China by 24,5 %. Export to the Czech Republic decreased by 4,8 %, Poland by 0,7 %, Austria by 1,4 %, Italy by 18 %, USA by 4,1 %, Spain by 0,4 %,  the Netherlands by 3,6 % and the Russian Federation by 5,7 %.

In terms of the main economic groupings, the export to the EU countries rose by 0,9 % (it represented 84,3 % of the total export of the SR) and to the OECD countries by 1 % (it represented 87,9 % of the total export of the SR).  

Goods in the amount of EUR 79 362,1 million were imported to the Slovak Republic with a year-on-year growth of 3,3 %.

In terms of goods, an increase was registered in import of parts and accessories of the motor vehicles by EUR 1 499,9 million, seats, whether or not convertible into beds and parts thereof by EUR 225,9 million, electrical accumulators including separators by EUR 212,9 million and wires and cables by EUR 161,5 million.  

The significant drop was recorded in import of petroleum oils and oils obtained from bituminous minerals, crude by EUR 274,8 million,  telephone sets including telephones for cellular networks by EUR 190,9 million and products with liquid crystals by EUR 157 million.

In relation to the most significant trade partners, the import increased from the Czech Republic by 1,6 %, China by 9,5 %, Poland by 5,5 %, Hungary by 15,2 %, France by 16,6 %, Italy by 1,1 % and Austria by 6 %.  Import from Germany decreased by 6,4 %, the Russian Federation by 2,3 %, the Republic of Korea by 4,8 % and Vietnam by 9,6 %.

In terms of the main economic groupings, the import from the EU countries rose by 4,3 % (it represented 67,1 % of the total import) and from the OECD countries by 1,6 % (it represented 65,6 % of the total import of the SR), compared with the corresponding period of 2018.


Note: Data are 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.
Since January 2018, Lithuania (from 5th July 2018 as the OECD member) is included in OECD data.

 

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  • Slovak Republic
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