Slovakia trade balance swings to deficit in Apr

Trade

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Slovakia's trade balance showed a deficit of EUR 503.3 million in April versus a surplus of EUR 132.6 million in the corresponding month last year, preliminary data from the statistics agency showed on Thursday.

In March, the trade deficit was EUR 510.0 million. Exports rose for the sixth straight month in April by 5.5% from a year ago, while imports logged a double-digit growth of 14.5%.

On a seasonally adjusted basis, both exports and imports climbed by 9.7% and 19% respectively in May from last year. As a result, the trade deficit stood at EUR 291.3 million. 

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