Slovakia Trade Deficit Narrows in December

EthereumCraftsman · 2026-02-06T08:40:18+00:00

In December 2026, Slovakia's trade deficit narrowed to EUR 162.7 million, down from EUR 743.1 million the previous year, as exports rose by 7% and imports fell by 0.5%, primarily due to a significant drop in mineral fuel imports.

EthereumCraftsman

2026-02-06 08:40:18

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Slovakia posted a trade deficit of EUR 162.7 million in December 2026, narrowing sharply from a EUR 743.1 million deficit in the same month last year, as exports rose while imports fell. Exports grew by 7% year-on-year to EUR 8,188.0 million, the second-highest growth rate after March, driven mainly by an almost 5% increase in shipments of machinery and transport equipment, including car exports. Meanwhile, imports decreased by 0.5% to EUR 8,350.7 million, with five out of ten product categories recording declines. The slightly drop was largely due to a more than 28% decline in imports of mineral fuels, which includes oil, electricity, and natural gas. For 2025 as a whole, Slovakia recorded a trade surplus of EUR 2.73 billion, representing a rise of EUR 63.7 million compared to the previous year.

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