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Foreign Trade Posted €150.9-million Surplus in November 2009
Thursday 11 February 2010 Zoom in | Print page
Bratislava, February 11 (TASR) - Slovakia's foreign trade in November posted a surplus of €150.9 million, the Statistics Office reported on Thursday.
Total exports fell by 0.7 percent year-on-year to €3.86 billion, while total imports were down 9.3 percent to €3.71 billion.
Over the January-November 2009 period, meanwhile, the trade balance was in black to the tune of €1.31 billion.
The total value of exported goods in the period between January-November 2009 amounted to €36.46 billion, which was 21.8 percent less than in the same period in 2008. The most significant reductions were recorded in trading with Hungary (-25.9 percent), Russia (-25.6 percent), the Czech Republic (-25 percent), the Netherlands (-22.6 percent), Spain (-20.9 percent) Germany (-20.8 percent), Austria (-20 percent), Italy (-18.4 percent), the United Kingdom (-18.2 percent), Poland (-13.9 percent) and France (-8.5 percent).
The total amount of imported goods between January-November 2009 reached €35.15 billion, a y-o-y decline of 25.2 percent. The biggest increase in imported goods was recorded with the United Kingdom - 59.6 percent y-o-y. Conversely, the most significant falls in imports were recorded with Russia (-38.3 percent), Germany (-32.9 percent), China (-20.5 percent), Poland (-17.2 percent), Hungary (-14.4 percent), the Czech Republic (-13.1 percent), Italy (-13 percent), South Korea (-10.7 percent) and France (-6.4 percent).
The biggest surplus in the period was posted in trade exchanges with Germany (€1.43 billion), followed by France (€1.24 billion), Poland (€1.18 billion), Austria (€1.1 billion), the United Kingdom (€847.6 million), Italy (€746.8 million), the Netherlands (€682.9 million), Sweden (€500.4 million), Spain (€433.8 million) and Hungary (€412.8 million).
The biggest deficits were recorded in trading activities with South Korea (€2.34 billion), Russia (€1.81 billion), China (€1.57 billion), Taiwan (€470.6 million), Japan (€425.1 million), Malaysia (€132.6 million) and India (€73.4 million).
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