FX.co ★ Slovakia Trade Deficit Narrows in December

In December 2025, Slovakia's trade deficit significantly narrowed to EUR 162.7 million from the EUR 743.1 million deficit recorded in the same month the previous year. This improvement was attributed to a rise in exports and a decrease in imports. Exports increased by 7% year-on-year, reaching EUR 8,188.0 million, marking the second-highest growth rate since March. This growth was particularly driven by an almost 5% rise in the export of machinery and transport equipment, notably cars. Conversely, imports decreased by 0.5% to EUR 8,350.7 million, with declines seen in five out of ten product categories. This overall drop was primarily due to a more than 28% reduction in imports of mineral fuels, which encompasses oil, electricity, and natural gas. Over the entirety of 2025, Slovakia achieved a trade surplus of EUR 2.73 billion, which is an increase of EUR 63.7 million compared to the previous year. Exports to non-EU countries increased by over 1%, while exports to EU countries rose by more than 4%. On the import side, purchases from non-EU countries grew by about 7%, while those from the EU increased by over 2%.