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Foreign trade detailed data in June and in the first six months of 2022
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Foreign trade detailed data in June and in the first six months of 2022

Last update: 08.09.2022
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 08.09.2022

In June, the result of foreign trade increased the negative balance of the SR, at the end of the first half of 2022 it started to rise to 2 billion

For the first half of 202, the SR recorded the most significant negative foreign trade balance with the Russian Federation, the Republic of Korea and China. Exports significantly exceeded imports in trade, especially with Germany, Hungary and Austria.

Based on the updated data in June 2022, the total exports of goods increased by 14.2% year-on-year to EUR 8.82 billion and total imports increased by 19% to EUR 8.94 billion. Thus, the foreign trade balance was in deficit in the amount of EUR 122.6 million (in the same period of 2021, on the other hand, the balance was in surplus in the amount of EUR 211.1 million) in June.

In the first six months of the year, exports exceeded imports only in May, which was reflected in the negative result of the cumulated balance of foreign trade, which was in deficit in the amount of EUR 1.74 billion for the first half of 2022.

The SR recorded the highest negative balance for the first half of 2022 with the Russian Federation (EUR 4.18 billion), the Republic of Korea (EUR 2.73 billion), China (EUR 2.48 billion), Vietnam (EUR 2.15 billion), Taiwan (EUR 292 million), Malaysia (EUR 285.6 million) and Bangladesh (EUR 205.9 million).

The SR recorded the highest positive balance for the first half of 2022 with Germany (EUR 3.2 billion), Hungary (EUR 1.96 billion), the Czechia (EUR 1.69 billion), Austria (EUR 1.48 billion), Poland (EUR 1.4 billion), France (EUR 1.39 billion), the United Kingdom (EUR 1.23 billion), the United States of America (EUR 935.8 million), Italy (EUR 893.6 million), Romania (EUR 489.4 million) and Spain (EUR 465.3 million).

Goods in the amount of EUR 50.64 billion were exported from the Slovak Republic in the first six months of 2022. Compared to the same period in 2021, the total exports increased by 14.6%.

In terms of goods, the export of electricity increased by EUR 745.7 million, petroleum oils and oils obtained from bituminous minerals, other than crude by EUR 353.5 million, new rubber tires by EUR 338.5 million, mineral or chemical nitrogenous fertilizers, other than in tablets or similar forms or other than in packages with a gross weight of <=10 kg by EUR 271.7 million, flat-rolled products of iron or non-alloy steel, hot-rolled, not clad, plated or coated by EUR 246 million and flat rolled products of iron or non-alloy steel, clad, plated or coated by EUR 219.7 million.

Exports of motor cars and other motor vehicles principally designed for the transport of people decreased the most by EUR 352.8 million, monitors and projectors, television receivers by EUR 51.5 million and motor vehicles for transport of goods by EUR 42.8 million.

As for the most important trading partners, exports to Germany increased by 8.6%, the Czechia by 28.5%, Poland by 16.1%, Hungary by 48.3%, France by 0.7%, Austria by 22.5%, Italy by 21.5%, the United Kingdom by 9.5%, Romania by 20.5%. Exports to the United States of America decreased by 4.1%, China by 7.9% and the Russian Federation by 50.2%.

From the point of view of the main economic groupings, exports to EU countries increased by 17.7% (they accounted for 81.4% of the total exports of the SR) and to OECD countries by 15.4% (they accounted for 88% of the total exports of the SR).

In the first six months of 2022, goods in the amount of EUR 52.38 billion were imported into the SR, with a year-on-year growth of 23.9%.

In terms of goods, the import of petroleum gases and other gaseous hydrocarbons increased by EUR 1.81 billion, electricity by EUR 1.14 billion, petroleum oils and oils obtained from bituminous minerals, crude by EUR 509.1 million, telephone sets, including smartphones and other telephones for the cellular network or for other wireless networks by EUR 401.7 million, petroleum oils and oils obtained from bituminous minerals, other than crude by EUR 352.6 million and coal, briquettes, ovoids and similar solid fuels manufactured from coal by EUR 338.5 million.

The import of parts and components of parts suitable for use with flat panel display modules, transmission and reception apparatus for radio-telephony, radio-telegraphy, radio-broadcasting, television, television cameras, monitors and projectors decreased significantly by EUR 457.3 million, diagnostic or laboratory reagents on a backing and certified reference materials by EUR 126.5 million, compression-ignition internal combustion piston engines by EUR 55.2 million, spark-ignition reciprocating or rotary internal combustion piston engines by EUR 53.4 million and electric motors and generators by EUR 51.6 million.

In relation to the most important trading partners, imports from the Czechia increased by 13.1%, the Russian Federation by 96%, China by 25.5%, the Republic of Korea by 23.3%, Poland by 19.1%, Vietnam by 12.9% , Hungary by 41.2%, France by 6%, Italy by 11.4% and Austria by 18.4%. Imports from Germany fell by 13.1%, Spain by 3.8% and Malaysia by 24%.

From the point of view of the main economic groupings, compared to the same period in 2021, imports from EU countries increased by 18.3% (they represented 62.7% of total imports) and from OECD countries by 8.6% (they represented 59% of total imports of the SR).


Note: Data are preliminary (in FOB type value at current prices) prepared 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 procedure and from INTRASTAT-SK reports provided by the consignees and consignors of goods. In the OECD data, Costa Rica was included from January 2021 (it is a member of the OECD from 25 May 2021).

Data source: DATAcube. database:

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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. The Statistical Office of the SR creates high-quality statistics useful for society according to 16 principles regarding the institutional environment, statistical processes and outputs in line with the Code of Practice for European Statistics.


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