The Slovenia Times

Slovenia's exports last November up 24% year-on-year


Ljubljana - Slovenia exported EUR 3.7 billion worth of goods in November 2021, while imports amounted to EUR 4.2 billion, with the former increasing by 24.1% compared to November 2020, and the latter going up by 25.6%, the Statistics Office said on Tuesday.

The values of Slovenia' exports and imports in November 2021 were also higher than the average monthly values of exports and imports in the pre-Covid year of 2019, by 32.5% for exports and 46.6% for imports, respectively.

Slovenia's exports to the EU countries in November 2021 amounted to EUR 2.5 billion and were 22.2% higher than in November 2020, while imports from the EU countries were 27.1% higher, amounting to EUR 2.6 billion.

Exports to non-EU countries in November 2021 were worth EUR 1.2 billion and were 28.4% higher year-on-year, while imports from these countries amounted to EUR 1.5 billion and were up 23.1%.

Slovenia recorded a trade deficit of EUR 500 million last November for an exports-imports coverage of 88.9%. While Slovenia has mostly run deficits in November over the last ten years, the deficit in November 2021 was the largest in the last ten years.

In the first eleven months of 2021, Slovenia exported EUR 36.3 billion worth of goods, 19.3% more than in the same period in 2020, and imported EUR 38.1 billion worth of goods, an increase of 30% year-on-year.

The total value of exports in the January-November 2021 period was 4.7% lower than the value of imports in the same period; the deficit in foreign trade amounted to EUR 1.8 billion.


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