Slovak trade surplus narrowed to EUR 284 million in October 2018 from EUR 510 million in the same month of the previous year. Imports increased 8.3 percent to EUR 7.324 billion while exports advanced at a softer 4.6 percent to EUR 7.608 billion. In January to October, the trade surplus decreased to EUR 2.480 billion from EUR 2.604 billion in the same period of 2017. Balance of Trade in Slovakia averaged 2.15 EUR Million from 1993 until 2018, 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 70.00 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 289.53 in 12 months time. In the long-term, the Slovakia Balance of Trade is projected to trend around 250.00 EUR Million in 2020, according to our econometric models.

Slovakia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 07:00 AM Balance of Trade €9.4M €466.9M €415.3M € 35M
2018-10-09 07:00 AM Balance of Trade €-81.7M €9.4M €-95M € 15M
2018-11-07 08:00 AM Balance of Trade €436.8M €-125.5M €371.7M € 370M
2018-12-07 08:00 AM Balance of Trade €284.3M €451.8M €469.7M € 420M
2019-01-09 08:00 AM Balance of Trade €284.3M
2019-02-08 08:00 AM Balance of Trade € 70M
2019-03-08 08:00 AM Balance of Trade


Slovakia Trade Last Previous Highest Lowest Unit
Balance of Trade 284.00 452.00 609.00 -865.00 EUR Million [+]
Exports 7608.00 7031.00 7608.00 312.00 EUR Million [+]
Imports 7324.00 6579.00 7324.00 287.00 EUR Million [+]
Current Account 110.80 -506.40 431.50 -1470.00 EUR Million [+]
Current Account to GDP -2.10 -1.50 4.30 -10.60 percent [+]
External Debt 99.96 96.12 99.96 35.63 EUR Billion [+]
Terms of Trade 100.70 99.74 127.54 75.55 Index Points [+]
Foreign Direct Investment 374.50 884.20 2101.80 -1023.20 EUR Million [+]
Capital Flows -9.30 -777.60 3824.10 -3006.10 EUR Million [+]
Gold Reserves 31.70 31.70 40.12 31.69 Tonnes [+]
Terrorism Index 0.23 0.00 0.50 0.00 [+]
Weapons Sales 22.00 18.00 173.00 1.00 USD Million [+]
Crude Oil Production 0.20 0.20 1.60 0.20 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
284.00 452.00 609.00 -865.00 1993 - 2018 EUR Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -27.00 Sep/18
United States -55488.00 Oct/18


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