Slovakia recorded a trade deficit of 212 EUR Million in August of 2019. Balance of Trade in Slovakia averaged 3.60 EUR Million from 1993 until 2019, reaching an all time high of 609 EUR Million in May of 2013 and a record low of -865 EUR Million in December of 2005.

Balance of Trade in Slovakia is expected to be -150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Slovakia to stand at 430.00 in 12 months time. In the long-term, the Slovakia Balance of Trade is projected to trend around 150.00 EUR Million in 2020, according to our econometric models.

Slovakia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-09 07:00 AM Balance of Trade May €133.1M €-60.4M €395M €290M
2019-08-08 07:00 AM Balance of Trade Jun €203.6M €153.4M €325M €430M
2019-09-06 07:00 AM Balance of Trade Jul €-110.6M €284.7M €-110M €50M
2019-10-09 07:00 AM Balance of Trade Aug €-212M €-232.5M €-136.1M €-180M
2019-11-07 08:00 AM Balance of Trade Sep €-212M €550M
2019-12-06 08:00 AM Balance of Trade Oct €270M


Slovakia Trade Last Previous Highest Lowest Unit
Balance of Trade -212.00 -233.00 609.00 -865.00 EUR Million [+]
Current Account -353.30 -307.60 431.50 -1470.00 EUR Million [+]
Current Account to GDP -2.50 -2.00 4.30 -10.60 percent [+]
Imports 6203.00 5971.00 7609.00 287.00 EUR Million [+]
Exports 5891.00 5860.50 7759.00 312.00 EUR Million [+]
External Debt 103.45 100.40 103.45 35.63 EUR Billion [+]
Terms of Trade 99.97 100.05 127.54 75.55 Index Points [+]
Capital Flows -658.70 1055.20 3824.10 -3006.10 EUR Million [+]
Foreign Direct Investment -217.20 296.20 2101.80 -1435.60 EUR Million [+]
Gold Reserves 31.69 31.70 40.12 31.69 Tonnes [+]
Terrorism Index 0.12 0.23 0.50 0.00 [+]
Weapons Sales 12.00 22.00 173.00 1.00 USD Million [+]
Crude Oil Production 0.20 0.20 1.60 0.20 BBL/D/1K [+]


Slovakia Balance of Trade

Exports has been the main factor behind Slovakian robust growth and in the last ten years exports more than doubled. The biggest share of Slovakian exports are vehicles, machinery and electrical equipment, base metals and chemicals and minerals. Main export partners are Euro Area members with German, Czech Republic and Poland being the most important. The biggest share of Slovakian imports are machinery and transport equipment, intermediate manufactured goods, fuels and chemicals. Main import partners are Germany, Czech Republic, China and Russia. In 2015, Slovakia had the highest balance surplus with Germany, the UK, Poland and Austria. The largest balance deficit was recorded in trade with China, South Korea, Russia and Japan. This page provides - Slovakia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-212.00 -233.00 609.00 -865.00 1993 - 2019 EUR Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 24789.70 Jul/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -13450.00 Aug/19
Indonesia -160.50 Sep/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3787.85 Aug/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 1152.71 Aug/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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