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Foreign trade development in July 2019 and in the first seven months of 2019

Foreign trade development in July 2019 and in the first seven months of 2019

Last update: 06.09.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 06.09.2019

 

 


In July 2019, the total export of goods reached the value of EUR 5 860,5 million with a 2,3 % year-on-year decrease. The total import of goods increased by 0,5 % to EUR 5 971,1 million. The foreign trade balance was in deficit in the value of EUR 110,6 million.

In January-July 2019, compared with the corresponding period last year, the total export of goods increased by 2,6 % to EUR 46 603,7 million and the total import by 4,3 % to EUR 45 378,3 million. The foreign trade balance was in surplus in the amount of EUR 1 225,3 million.

In January-July 2019, compared with the corresponding period last year, export to the EU Member States increased by 0,4 % and it represented 84,1 % of the total export. Import from the EU Member States represented 68,7 % of the total import and it grew by 6 %, year-on-year.

In January-July 2019, compared with the corresponding period last year, export to the non-EU countries increased by 16,5 % and it represented 15,9 % of the total export. Import from the non-EU countries represented 31,3 % of the total import and it increased by 0,6 %, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 62,2 % of the total export and 50,1 % of the total import. 

In July 2019, after seasonal adjustment, the total export of goods reached the value of EUR 6 579 million with a year-on-year drop by 3,7 %.  The total import of goods decreased by 2,1 % to EUR 6 477,9 million. The foreign trade balance was in surplus in the amount of EUR 101,1 million (by EUR 112,2 million lower than in
July 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 6th September 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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