The Slovenia Times

Slovenia's Exports Up 7% Y/Y in May


Exports exceeded imports by EUR 106.6m in May, while the trade surplus of EUR 215.7m was recorded in the first five months.

The export-import ratio was at 105.7% in May and at 102.3% in the first five months, the Statistics Office said on Friday.

Almost four fifths of all foreign trade was generated with EU members, to which Slovenia exported 76.7% of all exported goods and imported 81% of all imported goods.

Slovenia exported EUR 1.506bn worth of goods to EU states in May or 6.1% more than in the same month last year. It meanwhile imported EUR 1.504bn or 3.7% more to these countries than in May 2014.

Slovenia's top foreign trade partners remain Germany, Italy and Austria, where more than a third of all exports went. Imports from these countries meanwhile account for almost a half of all imported goods.

Some EUR 458.1m worth of goods was exported and EUR 352.8m imported to third countries.

Exports to these countries however rose more than exports to EU countries in May (by 11.9% year-on-year). The value of goods imported from these countries was 23.9% lower.

Exports were mostly headed for Russia, while imported goods came primarily from China.

In the first five months, imports to EU states were up by 6.5% year-on-year, while imports to third countries dropped by 1.8%. Imports from EU states meanwhile rose by 5.7%, while imports from third countries shrank by 6.4%.


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