Slovakia Net Trade (Goods & Services, BoP)
Slovakia's net trade (goods & services, bop) fell to $64.86 million in 2024, down from $2.3 billion in 2023, according to World Bank. This represents a decrease of 97.2% ($2.24 billion) from the previous year. Slovakia has net trade (goods & services, bop) higher than the global median ($64.86 million vs median -$215.12 million). Compared with the median in Europe, Slovakia is lower ($64.86 million vs regional median $1.60 billion) and ranks 27th out of 44 countries in Europe.
Yearly Historical Data (1993-2024)
(in Million USD)Slovakia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Slovakia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.