Slovenia’s exports up 4.5% in the first half of the year

Slovenia: 9 August, 2016: Slovenia’s merchandise exports rose 4.5% year-on-year in the January-June period, with imports expanding by 1.8% in the same period, the Statistics Office said in a preliminary release on Tuesday.

The export/import ratio was at 105.6%. In June Slovenia’s exports rose 2.7% year-on-year to EUR 2.2bn, with imports up 2.2% to EUR 2.03bn. The export/import ratio stood at 108.6% as the monthly trade surplus hit EUR 174.8m, the highest this year.

The trade surplus was driven by higher exports to and lower imports from non-EU countries. Nevertheless, the EU remains the linchpin of Slovenian trade, accounting for over three-quarters of total exports and over 80% of imports. Italy and Germany are the main export markets, according to the statisticians.

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