The trade deficit in Slovakia narrowed to EUR 24.3 million in December of 2019 from EUR 217.2 million in the same month of the previous year. Exports advanced 4.9 percent from a year earlier to EUR 5.954 billion while imports rose at a softer 1.4 percent to EUR 5.978 billion. Considering 2019, the trade surplus declined to EUR 1.115 billion from EUR 2.310 billion in 2018, with imports jumping 3.5 percent and exports increasing 1.9 percent Slovakia Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Balance of Trade in Slovakia averaged 4.97 EUR Million from 1993 until 2019, 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. This page provides - Slovakia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Balance of Trade in Slovakia is expected to be 600.00 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 -50.00 in 12 months time. In the long-term, the Slovakia Balance of Trade is projected to trend around 150.00 EUR Million in 2021, according to our econometric models.