Slovak Foreign Trade Bouncing Back
According to the document Information on Foreign Trade Development in 2010, Slovakia’s economy recovered fairly quickly after the steep decline seen in 2009.
The GDP in Slovakia in 2010 was 4% up year-on-year, meaning the second highest growth in Europe, being fueled by rising in the EU.
In 2010 exports were up 19.7% over the previous year, while imports soared by 20.5%. Slovakia’s main export countries are still Germany, the Czech Republic, Poland, France and Hungary, while most of its imports come from Germany, the Czech Republic, Russia, Korea and China.