18617
Slovakia Trade Surplus Low
World Economy

Slovakia Trade Surplus Low

Slovakia’s foreign trade surplus has amounted to €352 million ($397 million) in April, which is the lowest level since the beginning of the year, analysts say. “The foreign trade balance should remain in significant surplus this year, but the surpluses should be gradually reduced compared with the previous year,” Lubomir Korsnak, analyst with UniCredit Bank Czech Republic and Slovakia, wrote in a memo, Slovak Spectator reported. The total export of goods amounted to €5.53 billion in April, up by 1 percent compared to the previous year, while the total import of goods rose by 0.6 percent year-on-year to €5.17 billion. The foreign trade balance was in surplus, amounting to €352.4 million, which is by €24.3 million more than in April 2014, the the country’s statistics office reported. During the first months of the year, the total export of goods rose by 2.4 percent y/y to €22.11 billion and the total import by 2.3 percent y/y to €20.40 billion.

Short URL : http://goo.gl/fJv3Yh

You can also read ...

The expected increase in the squeeze on living standards comes as the weak pound pushes up the cost of imported  fuel, food and raw materials.
All eyes will turn Tuesday to Britain’s consumer price index...
The eurozone economy has enjoyed a surprisingly strong 2017.
Exports of goods from the eurozone jumped in August,...
Increase in China Factory Price Inflation
China’s factory price inflation rose again in September,...
World Bank says another $500 billion in infrastructure spending is needed over the next five years.
Indonesia is on track to become a trillion-dollar economy and...
Russia FDI Almost Doubles
The volume of foreign direct investment has almost doubled in...
Japan Factory Output Up
Japan’s industrial production increased less than initially...
Bulgaria Risks Higher Inflation
Real wage growth in Bulgaria has been exceeding productivity...
Venezuela Needs $30b a Year to Rescue Economy
The International Monetary Fund calculates a potential rescue...

Trending

Googleplus