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Slovakia Posts Largest Trade Deficit on Record

Trade

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Slovakia's trade deficit widened sharply to EUR 1,250.3 million in December from EUR 214.6 million in the same month a year earlier, the country's statistics agency said.

It was the largest trade gap since the series began in 1993, as imports grew softer by 14.3% year-on-year to EUR 8,957.5 million.

Also, exports increased at a slower pace by 1.1% to EUR 7,707.3 million. Considering the whole 2022, the country posted a trade deficit of EUR 4,340.4 million, shifting from a surplus of EUR 1,875.6 million in the previous year. 

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