Slovakia Trade Deficit Narrows Sharply
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.