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Foreign trade development in July 2021 and in the first seven months of 2021
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Foreign trade development in July 2021 and in the first seven months of 2021

Last update: 08.09.2021
ilustratívny obrázok/illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 08.09.2021

 


In July 2021, total exports of goods amounted to EUR 6.7 billion, there was a year-on-year growth of 10.9 %. Total imports of goods increased by 18.6 % to EUR 6.7 billion. The foreign trade balance was in deficit in the amount of EUR 10.7 million.

In January and July 2021, compared to the same period last year, total exports of goods increased by 26.7 % to EUR 51 billion and total imports by 24.5 % to EUR 49 billion. The balance of foreign trade was in surplus in the amount of EUR 1.9 billion.

In January to July 2021, compared to the same period last year, exports to EU Member States increased by 25.8 % and accounted for 79.2 % of total exports. Imports from EU Member States represented 66.5 % of total imports and increased by 24.9 % year-on-year.

In January to July 2021, compared to the same period last year, exports to non-EU countries increased by 30.3 % and accounted for 20.8 % of total exports. Imports from non-EU countries represented 33.5 % of total imports and increased by 23.7 % year-on-year.

The most traded SITC class in the foreign trade of the Slovak Republic was machinery and transport equipment with a share of 63.1% in total exports and 49.6 % in total imports.

Seasonally adjusted foreign trade data

In July 2021, after seasonal adjustment of data, total export of goods amounted to EUR 7.6 billion, there was a year-on-year growth of 10 %. Total imports of goods increased by 21.8 % to EUR 7.4 million. The balance of foreign trade was in surplus in the amount of EUR 152 million (by EUR 641.4 million lower than in July 2020).


Note: Data are in current prices in FOB type value. Detailed data will be published according to the calendar of the first release on 8 October, 2021. The information was prepared by the Statistical Office of the SR on the basis of data from the Customs Section of the Financial Directorate of the Slovak Republic obtained within the customs procedure and INTRASTAT-SK by the consignees and consignors of the goods.
Data for the EU have been without the United Kingdom since January 2020
Seasonal analysis is performed by DEMETRA software.

 

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