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Foreign trade development in September 2019 and in the first nine months of 2019

Foreign trade development in September 2019 and in the first nine months of 2019

Last update: 08.11.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 08.11.2019

 

 


In September 2019, the total export of goods reached the value of EUR 6 973,5 million with a 0,7 % year-on-year increase. The total import of goods increased by 5,7 % to EUR 6 811,3 million. The foreign trade balance was in surplus in the value of EUR 162,2 million (by EUR 320,4 million lower than in the corresponding period last year).

In January-September 2019, compared with the corresponding period last year, the total export of goods increased by 2,3 % to EUR 59 461,4 million and the total import by 4,9 % to EUR 58 745,6 million. The foreign trade balance was in surplus in the amount of EUR 715,9 million (by EUR 1 457 million lower than in the corresponding period last year).

In January-September 2019, compared with the corresponding period last year, export to the EU Member States increased by 1 % and it represented 84,3 % of the total export. Import from the EU Member States represented 67,5 % of the total import and it grew by 6,4 %, year-on-year.

In January-September 2019, compared with the corresponding period last year, export to the non-EU countries increased by 9,3 % and it represented 15,7 % of the total export. Import from the non-EU countries represented 32,5 % of the total import and it increased by 2,1 %, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 62,1 % of the total export and 50 % of the total import. 

In September 2019, after seasonal adjustment, the total export of goods reached the value of EUR 6 552,8 million with a year-on-year growth by 1,3 %.  The total import of goods increased by 3,3 % to EUR 6 534,8 million. The foreign trade balance was in surplus in the amount of EUR 18 million (by EUR 289,4 million lower than in
September 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 9th December 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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While publishing of the whole information report or its parts, please state the source of information, the Statistical Office of the Slovak Republic

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