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Foreign trade detailed data in September and for the first nine months of 2019

Foreign trade detailed data in September and for the first nine months of 2019

Last update: 09.12.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 09.12.2019

In September, compared with the corresponding period last year, the total export of goods increased by 1,3 % to EUR 7 017,6 million and the total import by 6,7 % to EUR 6 877,3 million. The foreign trade balance was in surplus in the amount of EUR 140,4 million.

 In January-September 2019, the foreign trade balance was in surplus in the amount of EUR 685,5 million.

The Slovak Republic recorded the highest active balance with Germany (EUR 3 886,8 million),  the United Kingdom (EUR 2 139,7 million), France (EUR 1 985,3 million), Austria (EUR 1 468,3 million), USA (EUR 1 249,8 million),  Poland (EUR 1 108,9 million), Italy (EUR 849,3 million), Spain (EUR 763,1 million), Hungary (EUR 726,1 million), the Czech Republic (EUR 630,4 million) and Romania (EUR 549,5 million).

The largest passive balance was recorded with Vietnam (EUR 2 920,8 million), the Republic of Korea (EUR 2 914,6 million), the Russian Federation (EUR 2 302,9 million),  China (EUR 2 242,9 million), Malaysia (EUR 334,6 million), Japan (EUR 292,5 million) and Taiwan (EUR 274,5 million).

Goods in the amount of EUR 59 483,4 million were exported from the Slovak Republic. Compared with corresponding period of 2018, the total export grew by 2,3 %.

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 2 094,6 million, electrical transformers, static converters and inductors by EUR 121,3 million and air or vacuum pumps, air or other gas compressors and fans by EUR 118,5 million.

The highest decrease was recorded in export of telephone sets including telephones for cellular networks by EUR 489,6 million, petroleum oils and oils obtained from bituminous minerals, other than crude by EUR 231,7 million, semi-finished products of iron or non-alloy steel by EUR 158,4 million and flat rolled products of iron or non-alloy steel,  hot rolled by EUR 101,5 million.

Relating the most significant trade partners, export increased to Germany by 1,3 %, Poland by 1,6 %, France by 8,6 %, Hungary by 8,9 %, United Kingdom by 19 %, USA by 13,3 %, Romania by 4,3 % and China by 33,4 %.  Export to the Czech Republic decreased by 2,2 %, Austria by 1 %, Italy by 20,7 %, Spain by 2,1 %, the Netherlands by 5,2 % and the Russian Federation by 6,9 %.

In terms of the main economic groupings, the export to the EU countries rose by 1,1 % (it represented 84,3 % of the total export of the SR) and to the OECD countries by 1,5 % (it represented 87,9 % of the total export of the SR).  

Goods in the amount of EUR 58 797,9 million were imported to the Slovak Republic with a year-on-year growth of 5 %.

In terms of goods, an increase was registered in import of parts and accessories of the motor vehicles by EUR 1 388,7 million, wires and cables by EUR 258,5 million, seats, whether or not convertible into beds and parts thereof by EUR 201,3 million and compression-ignition internal combustion piston engines by EUR 142,7 million.

The significant drop was recorded in import of petroleum oils and oils obtained from bituminous minerals, crude by EUR 210,2 million,  telephone sets including telephones for cellular networks by EUR 171,7 million and products with liquid crystals by EUR 135,5 million.

In relation to the most significant trade partners, the import increased from the Czech Republic by 3,6 %, China by 8,1 %, the Russian Federation by 3,8 %, Poland by 6,7 %, Hungary by 23 %,. France by 13,3 % and Austria by 6,4 %. Import from Germany decreased by 7,3 %, the Republic of Korea by 3,3 %, Vietnam by 10,5 % and Italy by 0,1 %.

In terms of the main economic groupings, the import from the EU countries grew by 6,4 % (it represented 67,5 % of the total import) and from the OECD countries by 2,4 % (it represented 65,4 % of the total import of the SR), compared with the corresponding period of 2018.


Note: Data are preliminary, 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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