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Foreign trade development in May 2019 and in the first five months of 2019
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Foreign trade development in May 2019 and in the first five months of 2019

Last update: 09.04.2020
ilustratívny obrázok/illustrative image
Publisher: Statistical Office of the SR
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 09.07.2019

 

 


In May 2019, the total export of goods reached the value of EUR 6 857,8 million with a 0,2 % year-on-year decrease. The total import of goods rose by 3,8 % to EUR 6 724,7 million. The foreign trade balance was in surplus in the value of EUR 133,1 million (by EUR 261,5 million lower than in the corresponding period last year).

In January-May 2019, compared with the corresponding period last year, the total export of goods increased by 5,5 % to EUR 34 211,8 million and the total import by 6,6 % to EUR 33 094,7 million. The foreign trade balance was in surplus in the amount of EUR 1 117,1 million (by EUR 264 million lower than in the corresponding period last year).

In January-May 2019, compared with the corresponding period last year, export to the EU Member States increased by 2,8 % and it represented 84,2 % of the total export. Import from the EU Member States represented 68,5 % of the total import and it grew by 9,3 %, year-on-year.

In January-May 2019, compared with the corresponding period last year, export to the non-EU countries increased by 22,7 % and it represented 15,8 % of the total export. Import from the non-EU countries represented 31,5 % of the total import and it increased by 1,3 %, year-on-year.

In the foreign trade of the SR, the most traded SITC section was Machinery and transport equipment with a share of 62,4 % of the total export and 50,4 % of the total import. 

In May 2019, after seasonal adjustment, the total export of goods reached the value of EUR 6 662,9 million with a year-on-year growth by 2,2 %.  The total import of goods increased by 1,2 % to EUR 6 560,9 million. The foreign trade balance was in surplus in the amount of EUR 102 million (by EUR 231,7 million lower than in
May 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 8th August 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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  • Statistical Office of the SR
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  • 840 05 Bratislava 45
  • 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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