Merchandise Trade Balance in Slovakia
In the year 2024, the merchandise trade balance in Slovakia was EUR -0.41 billion, compared to EUR 2.52 billion in 2014 and EUR 1.18 billion in 2023. It averaged EUR -0.51 billion over the last decade. For more trade information, visit our dedicated page.
Slovakia Trade Chart
Note: This chart displays Merchandise Trade Balance (EUR bn) for Slovakia from 2014 to 2024.
Source: Macrobond.
Slovakia Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (EUR bn) | -0.2 | -1.5 | -7.2 | 1.2 | -0.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovak trade projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Slovak trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovak trade projections.
Want to get access to the full dataset of Slovak trade forecasts? Send an email to info@focus-economics.com.