Slovakia balance of trade

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Slovakia balance of trade: 391.7 (100.15%)
Last Update: October 31, 2024

Slovakia balance of trade closed down 391.7 as of October 31, 2024 from 195.7 from the previous month and 525 from last year.


Slovakia balance of trade Analytics & Data




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Slovakia balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Slovakia balance of trade

Date Values
2024-10-31 391.7
2024-09-30 195.7
2024-08-31 169.5
2024-07-31 155.6
2024-06-30 593.8
2024-05-31 124.3
2024-04-30 395.6
2024-03-31 524.2
2024-02-29 667.7
2024-01-31 539.6
2023-12-31 -199.1
2023-11-30 337.5
2023-10-31 525
2023-09-30 371
2023-08-31 501
2023-07-31 400
2023-06-30 744
2023-05-31 687
2023-04-30 293
2023-03-31 697
2023-02-28 224
2023-01-31 -281
2022-12-31 -1326
2022-11-30 -909

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Slovakia balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade sk.balanceoftrade 391.7 195.7 100 -25 UP Down 69 2024-10-31

Slovakia balance of trade Quantitative Analysis, Charts & Factors

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Slovakia balance of trade Historical Data

The MacroVar database offers free access to historical data for the Slovakia balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Slovakia balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Slovakia balance of trade

Slovakia's balance of trade refers to the difference between the value of its exports and imports of goods and services. A positive balance of trade indicates that a country is exporting more than it is importing, leading to a surplus in its trade account. This can be beneficial for the country's economy as it generates revenue and creates jobs. On the other hand, a negative balance of trade means that a country is importing more than it is exporting, leading to a trade deficit. This can put pressure on the country's currency and may require borrowing from other countries to finance its imports. In the case of Slovakia, maintaining a healthy balance of trade is important for sustaining economic growth and stability.

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