Insights for Slovakia

MoM insights: 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%).

YoY insights: 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%).