Stats: Slovakia Posted Trade Surplus of €504.8 Mn in November 2025

Bratislava, 9 January (TASR) - Slovakia posted a positive trade balance in November 2025 for the seventh month in a row, this time with a surplus amounting to €504.8 million, which is €185 million more than in November 2024, the Statistics Office reported on Friday. The balance was positively influenced chiefly by the year-on-year (y-o-y) drop of the deficit in trade in mineral fuels and a slight increase in the surplus in trade in machinery and transport equipment. According to preliminary figures, Slovakia's exports decreased by 1.3 percent y-o-y to €9.7 billion in November, while imports fell by 3.3 percent to €9.2 billion. Seven out of ten export categories showed annual declines. A more than 8 percent drop in the category of miscellaneous industrial products had the most significant impact on the export development. On the import side, as many as nine of the ten categories saw decreases. The biggest impact on the overall import development came from an over 22 percent decline in the category of mineral fuels, which includes oil, electricity and natural gas. The most-frequently traded articles were machinery and transport equipment including cars, which made up 64 percent of total exports and more than a half of total imports. As much as 76 percent of total November exports headed to other EU countries, while imports from these countries accounted for almost 65 percent. Following four months of significant declines, exports to the rest of the Union grew by 2.5 percent y-o-y, while imports went down by 3.3 percent. Slovakia had a positive trade balance with other EU countries, with a surplus reaching €1.4 billion. Meanwhile, its trade balance with non-EU countries was negative, with a deficit amounting to €901 million. In the first eleven months of last year, exports rose by 3.1 percent y-o-y to €102.2 billion, with imports going up by 3.6 percent to €99.2 billion. Slovakia's trade balance for January-November 2025 recorded a surplus of €3.1 billion. In the same period of 2023 the surplus was €3.4 billion higher. ko