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Slovak foreign trade surplus grows in first five months: official report

Xinhua, August 10, 2016 Adjust font size:

Slovakia's foreign trade produced a surplus of 1.793 billion euros (about 1.99 billion U.S. dollars) between January and May in 2016, rising by 36.7 million euros year-on-year, the Slovak Statistical Office announced Tuesday.

The highest surplus was recorded with Germany, 2.081 billion euros, followed by Britain (1.307 billion euros) and France (966.1 million euros).

The largest deficits were in foreign-trade with China (1.741 billion euros), South Korea (1.553 billion euros) and Russia (522.7 million euros).

Goods worth 28.559 billion euros were exported from Slovakia in the first five months of this year, increased by 3.9 percent compared to the same period of 2015, while the total import saw an increase of 4 percent year-on-year to 26.766 billion euro-worth of goods.

In relations to the most significant trade partners, imports increased respectively from Germany and China by 9.2 percent and 8.9 percent, while imports from South Korea and Russia were down by 6.3 percent and 35.6 percent. (1 euro = 1.11 U.S. dollars) Endit