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Slovakia trade balance swings to deficit

Trade

Image by Pixabay

Slovakia's trade balance registered a deficit of EUR 258.7 million in February versus a surplus of EUR 496.4 million in the same month last year, the from the statistics agency show.

In January, the trade deficit was EUR 335.8 million.

Exports growth increased to 11.1% annually in February and imports rose for the thirteenth consecutive month by 23.2%.

On a seasonally adjusted basis, the trade surplus was EUR 475.1 million in February.

Exports and imports rose by 10% and 22%, respectively.

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