Business News

Exports in May Up 17.7% Y/Y

Ljubljana, 09 July (STA) - Slovenia's exports rose by 17.7% in May compared to the same month last year, according to preliminary data from the Statistics Office released on Friday. In the first five months of 2010, Slovenia exported EUR 7.19bn of goods, which is a 10.5% increase year-on-year, while imports amounted to EUR 7.67bn, 11% more than in the same period last year.

The trade gap in the first five months amounted to EUR 483m and the export-to-import ratio stood at 93.7%.

Slovenia exported EUR 1.55bn of goods in May. It imported EUR 1.7bn, which is 25.1% more year-on-year.

The trade gap for the month was EUR 154m and the export-to-import ratio stood at 91%.

Exports to EU countries in May accounted for 70.9% of all exports, whereas imports from EU countries represented 76.9% of all imports.

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