Source: www.finance.si

Author: Aleš Perčič

Compared to July last year Slovenian export this month was up by 5.3%, with export/import ratio at 104.2%, and external trade surplus widening to EUR 82m.

Compared to July last year Slovenian exports this July rose by 5.3%, imports by 3.4%, according to the data of Statistical Office of Slovenia. In July 2014 Slovenia exported goods worth EUR 2.02bn, and imported goods worth EUR 1.9bn. The export/import ratio was 104.2%, and the trade surplus amounted to EUR 82m. The figures of the Statistical office show, that these are the highest figures for July since 1995.

In July 2014 Slovenia exported most products in the group of medicaments, and imported most products in the group of oils obtained from petroleum and bituminous minerals.

Exports to the EU rose by 8%

76.6% of total exports in July (EUR 1.5bn) represented exports to the EU. Exports to the EU were 8% higher compared to July last year.
Regarding the trade with EU non-member countries, Slovenia exported goods worth EUR 472.5m, and imported goods worth EUR 363.9m. The value of goods Slovenia exported to EU non-member countries was 2.8% lower than in July 2013, whereas the value of goods Slovenia imported from the mentioned countries that month was lower by 2.7%.

In the first seven months exports higher by 5.3%

Slovenian exports in the first seven months of 2014 amounted to EUR 13.3bn (an increase by 5.3% compared to the same period last year), while imports amounted to EUR 13.09bn (an increase by 1.0% compared to the same period last year).
The external trade surplus for this period rose to EUR 261.1bn, and the export/import ratio was 102%.

Slovenia’s biggest trading partners

In the first seven months of 2014 Slovenia traded most with Germany, Italy, Austria, Croatia and Hungary. Compared to the same period last year, the biggest increase was registered in exports to Croatia, Austria and Germany, and in imports from Croatia, Hungary and Italy.

If you would like to know more about Slovenian foreign trade, do not hesitate to contact us at: info@sibiz.eu