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Slovakia Trade Deficit Narrows Sharply

Trade

Image by Pixabay

Slovakia's trade deficit shrank to EUR 258 million in December 2023, from EUR 1,326.4 million in the same month a year earlier, preliminary estimates from the statistics agency on Thursday show.

Exports fell 1.1% year-on-year to EUR 7,530.3 million.

Meanwhile, imports dropped at a faster 12.9% to EUR 7,788.3 million.

For the whole of 2023, the country's trade balance shifted to a surplus of EUR 4,196.3 million from a deficit of EUR 4,524.1 million in the corresponding period of 2022. 

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