Slovakia Trade Balance Shifts to Deficit in July

2026-09-08 07:59 By Erika Ordonez 1 min. read

Slovakia posted a trade deficit of EUR 0.8 million in July 2026, shifting from a surplus of EUR 216.5 million in the corresponding month of the previous year and missing market expectations of a EUR 96.2 million surplus.

This marked the first deficit since January, as imports outpaced exports.

Year-on-year, imports climbed 9.4% to EUR 9,062.8 million, mainly due to higher purchases of machinery and transport equipment, which increased by nearly 11%.

Imports from the EU rose almost 13%, while those from non-EU countries increased by approximately 4%.

Meanwhile, exports rose 6.6% to EUR 9,062.0 million, driven largely by a more than 6% increase in shipments of machinery and transport equipment.

Additionally, exports to the EU grew nearly 7%, while those to non-EU countries increased almost 7%.

Over the January–July 2026 period, the country’s trade surplus widened to EUR 1,655.1 million from EUR 1,458.4 million in the same period of 2025.



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Slovakia Trade Balance Shifts to Deficit in July
Slovakia posted a trade deficit of EUR 0.8 million in July 2026, shifting from a surplus of EUR 216.5 million in the corresponding month of the previous year and missing market expectations of a EUR 96.2 million surplus. This marked the first deficit since January, as imports outpaced exports. Year-on-year, imports climbed 9.4% to EUR 9,062.8 million, mainly due to higher purchases of machinery and transport equipment, which increased by nearly 11%. Imports from the EU rose almost 13%, while those from non-EU countries increased by approximately 4%. Meanwhile, exports rose 6.6% to EUR 9,062.0 million, driven largely by a more than 6% increase in shipments of machinery and transport equipment. Additionally, exports to the EU grew nearly 7%, while those to non-EU countries increased almost 7%. Over the January–July 2026 period, the country’s trade surplus widened to EUR 1,655.1 million from EUR 1,458.4 million in the same period of 2025.
2026-09-08
Slovakia Trade Surplus Narrows in June
Slovakia posted a trade surplus of EUR 372.9 million in June 2026, narrowing from EUR 445.8 million in the same month last year as imports outpaced exports. Exports rose 8.2% year on year to EUR 10.1 billion, supported by a more than 6% increase in motor vehicle shipments. Exports to EU member states grew by over 11%, while shipments to non-EU countries edged down 0.2%. Meanwhile, imports increased 9.5% to EUR 9.7 billion, driven by a nearly 6% rise in machinery and transport equipment imports. Imports from EU countries climbed by more than 11%, while those from non-EU countries increased by 6%. For the first half of 2026, Slovakia's trade surplus widened to EUR 1.67 billion, up from EUR 1.32 billion in the corresponding period a year earlier.
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Slovakia posted a trade surplus of EUR 580.6 million in May 2026, widening from EUR 521.7 million in the same month last year. This also marked the largest surplus since June 2023, as exports rose faster than imports. Exports climbed 2.3% year-on-year to EUR 9.6 billion, driven largely by a more than 68% jump in shipments of mineral fuels, lubricants, and related materials. Additionally, exports to the EU grew by more than 4%, while exports to non-EU countries declined by more than 4%. Meanwhile, imports increased 1.7% to EUR 9.1 billion, as inbound shipments of chemicals and related products surged by more than 17%. Imports from EU countries increased by more than 5%, while those from non-EU countries declined by 5%. In the January–May 2026 period, the country's trade surplus widened to EUR 1,293.2 million from EUR 875.9 million in the corresponding period a year earlier.
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