Insights for Slovakia

MoM insights: 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%).

YoY insights: 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%).