Business News

Exports Up 16% in March Y/Y

Ljubljana, 10 May (STA) - Slovenia exported EUR 1.64bn worth of goods in March, a surge of 15.9% on the same month last year. Imports rose by 10.7% to EUR 1.68bn in the same period, official statistics show.

Slovenia's trade gap stood at EUR 45.1m, while the export-import ratio rose from 94.3% in February to 97.3% in March, the Statistics Office said.

Exports to EU countries rose by 18.7% year-on-year to EUR 1.17bn in March, representing 71.4% of Slovenia's overall exports.

Imports from EU markets increased by 15.9% to EUR 1.36bn.

Exports to non-EU markets were up 9.4% to EUR 486.2m, while imports from those markets fell by 6.7% to EUR 326.5m.

Exports in the first quarter of the year rose by 7.2% compared to the same period last year to EUR 4.18bn, while imports went up by 4.4% to EUR 4.34bn.

The trade gap in this period was EUR 157.3m, which means the export-import ratio was 96.4%.

Imports from EU countries rose by 6.4% to EUR 3.39bn in the first three months of the year on the same period last year. Meanwhile, imports from other countries dropped by 2.3% to EUR 950m.

Exports to the EU increased by 10.7% to over EUR 3bn, while exports to the other countries fell by 1.4% y/y to EUR 1.10bn in the first quarter.

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