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Foreign trade detailed data in September 2021 and in the first nine months of 2021
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Foreign trade detailed data in September 2021 and in the first nine months of 2021

Last update: 09.12.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Foreign trade
Publish Date: 09.12.2021

In September, compared to the same period last year, total exports of goods decreased by 4.8 % to EUR 7,082.3 million and total imports increased by 8.2 % to EUR 7 182.8 million. The foreign trade balance was negative in the amount of EUR 100.6 million.

From January to September 2021, the foreign trade balance was positive in the amount of EUR 1,642.9 million (EUR 511.7 million lower than in the corresponding period in 2020).

The Slovak Republic reported the highest surplus with Germany (EUR 2,177.1 million), France (EUR 2,064.3 million), Hungary (EUR 2,036.1 million), Poland (EUR 1,889.1 million), Austria (EUR 1,870.2 million), United Kingdom (EUR 1,711 million), Czechia (EUR 1,354.7 million), United States of America (EUR 1,313.9 million), Italy (EUR 900.8 million) and Romania (EUR 584.9 million).

The highest deficit was recorded with the Republic of Korea (EUR 3,169.1 million), Vietnam (EUR 2,819.5 million), the Russian Federation (EUR 2,632.3 million), China (EUR 2,490.8 million), Malaysia (EUR 551.6 million), Taiwan (EUR 266.9 million), Bangladesh (EUR 218.9 million), and Thailand (EUR 183.4 million).

Goods in the amount of EUR 64,349.8 million were exported from the Slovak Republic. Compared to the corresponding period in 2020, total exports increased by 19.3 %.

In terms of goods, exports of passenger cars and other motor vehicles, designed mainly for passenger transport, increased by EUR 2,054.9 million, parts and accessories of motor vehicles by EUR 771.8 million, flat-rolled products of iron or non-alloy steel, hot-rolled by EUR 651.4 million, monitors and projectors, televisions apparatus by EUR 594 million, and motor vehicles for freight transport by EUR 278.3 million.

Exports of medicines in measured doses or packages for retail sale decreased the most by EUR 62.2 million, soybean oil and its fractions by EUR 42.6 million, telephone sets, including telephones for the cellular network or for other wireless networks by EUR 37.2, railway or tramway goods vans and wagons, not self-propelled by EUR 32 million and machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules and wafers, semiconductor devices, electronic integrated circuits or flat panel displays by EUR 29.4 million.

As for the most important trading partners, exports to Germany increased by 15 %, Czechia by 29.8 %, Poland by 26.3 %, Hungary by 23.6 %, France by 14.3 %, Austria by 13.9 %, Italy by 31.8 %, the United Kingdom by 13.4 %, the United States by 9.8 %, China by 27.3 %. Exports to the Republic of Korea decreased by 28.4 % and Norway by 19.6 %.

From the point of view of the main economic groupings, exports to EU countries increased by 19.8 % (accounting for 79.6 % of total Slovak exports) and to OECD countries by 18.8 % (accounting for 87.4 % of total Slovak exports).

Goods in the amount of EUR 62,706.9 million were imported to the Slovak Republic, there was  a year-on-year growth of 21.1 %.

In terms of goods, imports of parts and accessories of motor vehicles increased by EUR 882.5 million, oil gases and other gaseous hydrocarbons by EUR 610.2 million, iron ores and concentrates, including roasted pyrites EUR by 457.1 million, wires and cables by EUR 428.3 million, electric accumulators, including  separators thereof by EUR 425.9 million.

Imports of telephone sets, including telephones for the cellular network, decreased the most by EUR 206.2 million and machinery and equipment for the production of pulp or for the production or finishing of paper or paperboard by EUR 72.6  million.

In relation to the most important trading partners, imports from Germany increased by 31.1 %, Czechia by 13.1 %, China by 23.3 %, the Russian Federation by 46.6 %, Poland by 12.9 %, the Republic of Korea by 36.1 %, Vietnam by 5.2 %, France by 13 % and Italy by 20.3 %. Imports from Hungary decreased by 12 % and Switzerland by 1.9 %.

In terms of main economic groupings, compared to the same period in 2020, imports from EU countries increased by 18.9 % (accounting for 65.4 % of total imports) and from OECD countries by 18 % (representing 65.1% of total imports from the Slovak Republic).

Note: Data are preliminary at current prices in the FOB-type value. 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.
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