Slovakia recorded a trade deficit of 78.40 EUR Million in June of 2022. source: Statistical Office of the Slovak Republic

Balance of Trade in Slovakia averaged 12.19 EUR Million from 1993 until 2022, reaching an all time high of 830 EUR Million in October of 2020 and a record low of -865 EUR Million in December of 2005. This page provides - Slovakia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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. In the long-term, the Slovakia Balance of Trade is projected to trend around -150.00 EUR Million in 2023 and 150.00 EUR Million in 2024, according to our econometric models.

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Slovakia Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 07:00 AM May €160.5M €-503.3M €-402.9M €-480M
2022-08-09 07:00 AM Jun €-78.4M €161.4M € -150M
2022-09-08 07:00 AM Jul €-78.4M €-70.5M

Related Last Previous Unit Reference
Balance of Trade -78.40 161.40 EUR Million Jun 2022
Imports 8799.00 8836.00 EUR Million Jun 2022
Exports 8721.00 8997.00 EUR Million Jun 2022
Terms of Trade 98.65 101.18 points Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-78.40 161.40 830.00 -865.00 1993 - 2022 EUR Million Monthly