Data Insights

Overall, Slovakia's trade in March 2026 showed a robust increase in both imports and exports. Total imports rose to 9.84 billion EUR, up by 1.1 billion EUR, while total exports reached 10.37 billion EUR, increasing by 1.07 billion EUR. This indicates a healthy trade balance, with exports outpacing imports significantly. The month-on-month and year-on-year analyses reflect positive trends in trade values, despite some declines in specific countries and product categories.

In March 2026, Slovakia's trade values showed significant month-on-month changes. Imports totaled 9.84 billion EUR, increasing by 1.1 billion EUR (12.61% increase). The top three countries for imports were Czechia (1.76 billion EUR, +231.21 million EUR, +15.08%), Germany (1.86 billion EUR, +180.21 million EUR, +10.76%), and Poland (919.76 million EUR, +123.09 million EUR, +15.45%). Conversely, the bottom three were Russia (58.11 million EUR, -89.84 million EUR, -60.72%), South Korea (97.42 million EUR, -54.1 million EUR, -35.70%), and Romania (199.33 million EUR, -12.41 million EUR, -5.87%). For exports, the total was 10.37 billion EUR, with an increase of 1.07 billion EUR (11.47% increase). The leading countries for exports were Germany (2.23 billion EUR, +257.45 million EUR, +13.07%), Austria (658.23 million EUR, +195.09 million EUR, +42.12%), and Czechia (1.3 billion EUR, +169.58 million EUR, +15.06%). The lowest performers were the United Arab Emirates (8.13 million EUR, -47.98 million EUR, -85.73%), Turkey (138.99 million EUR, -19.7 million EUR, -12.42%), and Canada (44 million EUR, -12.47 million EUR, -22.06%).

Year-on-year analysis for March 2026 revealed that imports reached 9.84 billion EUR, with a change of 149.01 million EUR (1.54% increase). The top countries for imports were Czechia (1.76 billion EUR, +233.11 million EUR, +15.23%), Italy (432.54 million EUR, +94.73 million EUR, +28.04%), and Croatia (101.81 million EUR, +80.97 million EUR, +38.73%). The bottom three were Russia (58.11 million EUR, -189.84 million EUR, -765.65%), Austria (789.22 million EUR, -177.78 million EUR, -18.38%), and South Korea (97.42 million EUR, -124.53 million EUR, -56.11%). Exports totaled 10.37 billion EUR, with a change of 231.22 million EUR (2.28% increase). The leading countries for exports were France (532.35 million EUR, +126.7 million EUR, +31.23%), Austria (658.23 million EUR, +106.79 million EUR, +19.36%), and Czechia (1.3 billion EUR, +95.29 million EUR, +7.93%). The lowest were the United States (297.66 million EUR, -88.55 million EUR, -22.93%), the United Kingdom (469.25 million EUR, -86.7 million EUR, -15.63%), and the United Arab Emirates (8.13 million EUR, -61.21 million EUR, -88.27%).

In summary, Slovakia's total trade in April 2026 saw imports valued at 1.49B EUR, down by 8.35B EUR (84.83% decrease) from the previous period, while exports totaled 1.86B EUR, decreasing by 8.51B EUR (82.07% decrease). The drastic changes in trade values were primarily influenced by significant drops in trade with major partners such as Germany, Czechia, and Poland, which reported zero trade values, indicating a complete halt in trade activities with these countries.

In April 2026, Slovakia's trade values showed significant fluctuations. For imports, South Korea led with a trade value of 148.63M EUR, reflecting a substantial increase of 51.21M EUR (52.56% increase). Israel followed with 35.59M EUR, up by 33.34M EUR (14.82% increase). Vietnam also saw a rise to 170.18M EUR, with an increase of 13.63M EUR (8.71% increase). On the downside, imports from Germany, Czechia, and Poland all reported zero trade values, indicating a drastic drop of 1.86B EUR, 1.76B EUR, and 919.76M EUR respectively, marking a 100% decrease. For exports, the United States topped the list with 325.42M EUR, an increase of 27.75M EUR (9.32% increase). Japan and South Africa followed with 28.06M EUR and 21.32M EUR, showing increases of 11.96M EUR (74.78% increase) and 7.79M EUR (57.73% increase) respectively. Conversely, exports to Germany, Czechia, and Poland also reported zero trade values, resulting in a significant drop of 2.23B EUR, 1.3B EUR, and 748.8M EUR respectively, indicating a 100% decrease.

Year on year, imports from Israel showed a remarkable increase to 35.59M EUR, up by 33.26M EUR (14.32% increase). Other notable increases included imports from China at 365.57M EUR, with a rise of 25.13M EUR (7.38% increase), and Thailand at 36.95M EUR, up by 11.54M EUR (45.48% increase). On the contrary, imports from Germany, Czechia, and Poland reported zero trade values, leading to a significant drop of 1.69B EUR, 1.59B EUR, and 796.81M EUR respectively, marking a 100% decrease. For exports, the United Kingdom led with 417.37M EUR, an increase of 32.86M EUR (8.57% increase). Serbia and Switzerland followed with 74.5M EUR and 115.18M EUR, showing increases of 25.58M EUR (52.56% increase) and 14.98M EUR (14.96% increase) respectively. However, exports to Germany, Czechia, and Poland also reported zero trade values, resulting in a significant drop of 1.94B EUR, 1.15B EUR, and 716.63M EUR respectively, indicating a 100% decrease.

Overall, Slovakia's trade values indicate a mixed performance in the recent period. Month-on-month, both imports and exports showed positive growth, with imports increasing by 181.05 million EUR and exports by 149.58 million EUR. However, year-on-year comparisons reveal a decline in both imports and exports, with imports down by 343.27 million EUR and exports by 184.5 million EUR. This trend highlights the challenges faced by Slovakia's export-reliant economy, particularly in light of the recent credit downgrade by S&P Global Ratings.

In the month-on-month analysis, Slovakia's imports totaled 8.44 billion EUR, reflecting an increase of 181.05 million EUR (approximately 2.19%). The top three countries contributing to this increase were Austria (134.79 million EUR), Slovenia (132.92 million EUR), and China (109.17 million EUR). Conversely, the bottom three were Czechia (-164.04 million EUR), the United States (-143.35 million EUR), and Hungary (-56.71 million EUR). For exports, the total was 8.46 billion EUR, with a rise of 149.58 million EUR (about 1.80%). The leading contributors were Germany (157.18 million EUR), the United Kingdom (132.15 million EUR), and Italy (72.14 million EUR), while the declines were seen in Austria (-79.94 million EUR), Ukraine (-72.15 million EUR), and the United States (-69.29 million EUR).

In the year-on-year analysis, imports reached 8.44 billion EUR, showing a decrease of 343.27 million EUR (approximately -3.91%). The top three countries with significant increases were Slovenia (156.99 million EUR), Vietnam (99.23 million EUR), and Czechia (76.49 million EUR). The largest declines were from Russia (-258.09 million EUR), Austria (-244.68 million EUR), and South Korea (-195.23 million EUR). Exports totaled 8.46 billion EUR, down by 184.5 million EUR (-2.14%). The top increases came from the United Kingdom (95.12 million EUR), France (50.4 million EUR), and Canada (29.6 million EUR), while the largest decreases were from Poland (-135.96 million EUR), China (-113.14 million EUR), and Switzerland (-51.41 million EUR).

The analysis of Slovakia's international trade for 202512 reveals significant fluctuations in trade values. Month-on-month, total imports decreased by 1.45B EUR (-14.91%) and total exports fell by 1.8B EUR (-17.78%). Year-on-year, total imports saw a slight increase of 20.19M EUR (0.0024%), while total exports rose by 620.03M EUR (8.07%). The trade flow dynamics indicate a challenging month for imports, particularly from major partners like Germany and Austria, while exports faced substantial declines from key markets such as Germany and the UK.

In the month-on-month analysis, imports from the United States saw a significant increase of 202.37M EUR, representing a 5.38% rise. Other notable increases included imports from Russia (65.82M EUR, 0.54%) and Croatia (21.28M EUR, 0.65%). Conversely, the largest declines were observed in imports from Germany (-348.08M EUR, -18.83%), Austria (-279.32M EUR, -36.43%), and Czechia (-188.03M EUR, -9.84%). For exports, Ukraine led with an increase of 14.51M EUR (7.19%), followed by Czechia (11.27M EUR, 1.01%) and Denmark (11.09M EUR, 21.18%). The largest decreases in exports were from Germany (-457.28M EUR, -21.53%), the United Kingdom (-166.46M EUR, -32.87%), and Poland (-154.55M EUR, -21.77%). Overall, total imports decreased by 1.45B EUR (-14.91%) while total exports fell by 1.8B EUR (-17.78%).

In the year-on-year analysis, imports from Czechia increased by 175.39M EUR (11.34%), while imports from the United States rose by 144.21M EUR (150.59%). Germany also saw an increase of 88.11M EUR (6.24%). On the downside, imports from Russia decreased by 210.21M EUR (-52.73%), South Korea by 124.07M EUR (-52.31%), and Slovenia by 117M EUR (-44.12%). For exports, Germany experienced the highest increase of 253.56M EUR (17.95%), followed by France (119.63M EUR, 34.99%) and Czechia (85.98M EUR, 8.21%). The largest declines in exports were from China (-115.74M EUR, -54.88%), the United States (-30.64M EUR, -8.77%), and the Netherlands (-23.74M EUR, -14.00%). Overall, total imports increased by 20.19M EUR (0.0024%) while total exports rose by 620.03M EUR (8.07%).

Overall, Slovakia's total trade value for the month increased significantly, with exports totaling 9.61B EUR (up 1.7B EUR, 21.44%) and imports at 9.31B EUR (up 1.34B EUR, 16.77%). Year-on-year, total exports reached 9.61B EUR (up 416.15M EUR, 4.53%) while imports were at 9.31B EUR (up 210.25M EUR, 2.31%). The trade balance remains positive, indicating a robust trade performance despite some declines in specific sectors and countries.

In the month-on-month analysis, Slovakia's imports from Czechia saw the highest increase with a trade value of 1.77B EUR, reflecting a significant rise of 289.73M EUR (19.58%). Germany followed closely with an increase of 218.28M EUR (14.08%), while Hungary's imports rose by 145.69M EUR (29.70%). On the lower end, imports from Russia decreased by 99.33M EUR (-38.42%), with Thailand and South Korea also experiencing declines of 31.97M EUR (-54.98%) and 20.03M EUR (-9.09%) respectively. In exports, Germany led with a trade value of 2.15B EUR, increasing by 429.68M EUR (24.95%). Hungary's exports rose by 198.93M EUR (33.93%), and France's exports increased by 196.05M EUR (63.27%). Conversely, exports to the United States fell by 37.2M EUR (-15.23%), while Saudi Arabia and Ukraine saw declines of 32.6M EUR (-77.44%) and 23.75M EUR (-16.03%).

Year-on-year, imports from Czechia increased by 183.26M EUR (11.55%), while Slovenia's imports surged by 135.94M EUR (131.21%). France's imports also rose by 79.1M EUR (35.63%). On the downside, imports from Russia dropped significantly by 194.03M EUR (-54.93%), with South Korea and Vietnam also experiencing declines of 99.11M EUR (-33.38%) and 54.53M EUR (-29.2%) respectively. In exports, Germany's exports increased by 230.27M EUR (11.98%), with Czechia and France following with increases of 190.74M EUR (17.26%) and 97.94M EUR (24.92%). However, exports to the United States fell by 142M EUR (-40.73%), with China and the United Arab Emirates also seeing declines of 80.65M EUR (-57.77%) and 72.44M EUR (-66.24%).

In summary, Slovakia's trade dynamics show a robust month-on-month increase in both imports and exports, with total exports rising by 1.07B EUR (11.08%) and imports increasing by 910.07M EUR (9.78%). Year-on-year, exports have shown a slight increase of 135.01M EUR (1.28%), while imports have decreased by 86.61M EUR (-0.84%). The trade flow indicates a healthy export performance, particularly with key partners like Germany and Hungary, despite some declines in specific areas.

In the month-on-month analysis, Slovakia's imports from Russia saw a significant increase of 133.8M EUR, representing a growth of 84.04%. Imports from Czechia and Austria also rose, with increases of 117.28M EUR (6.63%) and 94.35M EUR (13.31%) respectively. On the other hand, imports from the Netherlands, Spain, and Denmark experienced declines, with the Netherlands seeing a drop of 43.2M EUR (-12.96%). In exports, Germany led with an increase of 215.04M EUR (9.99%), followed by Hungary with 106.51M EUR (13.57%) and the United Kingdom with 105.91M EUR (24.23%). Conversely, exports to France, Sweden, and Egypt decreased, with France experiencing a decline of 33.27M EUR (-6.58%). Overall, total exports increased by 1.07B EUR (11.08%) while imports rose by 910.07M EUR (9.78%).

In the year-on-year analysis, imports from Czechia increased by 141.3M EUR (8.10%), while imports from the United States rose significantly by 104.74M EUR (220.63%). Slovenia also saw an increase of 87.46M EUR (59.48%). However, imports from South Korea, Germany, and Vietnam decreased, with South Korea experiencing the largest drop of 116.33M EUR (-35.24%). In exports, Hungary's exports increased by 147.44M EUR (19.81%), while Germany's exports rose by 136.84M EUR (6.14%). The United Kingdom also saw an increase of 58.35M EUR (12.04%). On the downside, exports to the United States, China, and Japan decreased, with the United States seeing a significant drop of 214.71M EUR (-42.71%). Overall, total exports increased by 135.01M EUR (1.28%) while imports decreased by 86.61M EUR (-0.84%).

Overall, Slovakia's trade values have shown significant fluctuations in both month-on-month and year-on-year analyses. The total trade for exports decreased by 8.34B EUR (approximately -78.13%) to 2.33B EUR, while imports decreased by 8.56B EUR (approximately -83.73%) to 1.66B EUR. This indicates a substantial contraction in trade activity, likely influenced by geopolitical factors and economic conditions in the region.

In the month-on-month analysis, imports from the United Kingdom saw the highest increase with a trade value of 113.02M EUR, reflecting a significant growth of 51.62M EUR (approximately 84.08%). Vietnam followed with a trade value of 244.29M EUR, increasing by 46.78M EUR (23.68%). Thailand also showed a positive trend with a trade value of 42.45M EUR, up by 9.93M EUR (30.53%). On the other hand, the lowest values were recorded for imports from Czechia, Germany, and Poland, all showing a drastic decline with values of 0 EUR and decreases of -1.89B EUR, -1.84B EUR, and -865.71M EUR respectively, indicating a complete halt in trade with these countries. For exports, the United States led with a trade value of 401.56M EUR, increasing by 113.52M EUR (39.41%). Ukraine followed with 200.38M EUR, up by 30.88M EUR (18.21%). Canada also showed a strong performance with a trade value of 58.86M EUR, increasing by 29.7M EUR (51.83%). Conversely, the lowest exports were to Germany, Czechia, and Hungary, all with 0 EUR and declines of -2.37B EUR, -1.35B EUR, and -891.71M EUR respectively.

In the year-on-year analysis, imports from Vietnam showed the most significant growth with a trade value of 244.29M EUR, increasing by 113.82M EUR (87.23%). China followed with a trade value of 394.37M EUR, up by 41.55M EUR (11.75%). Ukraine also saw a positive change with a trade value of 80.27M EUR, increasing by 26.97M EUR (50.57%). On the downside, the lowest values were for imports from Germany, Czechia, and Poland, all at 0 EUR with declines of -1.82B EUR, -1.75B EUR, and -873.4M EUR respectively. For exports, the United Kingdom had the highest trade value of 504.93M EUR, increasing by 74.27M EUR (17.25%). Turkey followed with 147.39M EUR, up by 46.11M EUR (45.93%). Morocco also showed a positive trend with a trade value of 57.1M EUR, increasing by 32.64M EUR (132.64%). The lowest exports were to Germany, Czechia, and Hungary, all at 0 EUR with declines of -2B EUR, -1.28B EUR, and -795.16M EUR respectively.