Business News

Slovenia's Exports Surge

Ljubljana, 09 September (STA) - Slovenia's export-oriented economy continued to pick up pace this summer, as exports in July hit EUR 2.02bn, up 5.3% year-on-year and the highest figure for July since 1995.

In the first seven months of the year, exports rose 5.3% to EUR 13.36bn, with the trade surplus widening to EUR 261m, the Statistics Office said on Tuesday.

Exports likewise rose, by 3.4% to EUR 1.94bn in July and by 1% for the first seven months to EUR 13.1bn.

The EU accounts for three-quarters of exports and over four-fifths of imports, according to the data.

In the first seven months Slovenia's biggest trading partners were Germany, Italy, Austria, Croatia and Hungary.

Year-on-year exports accelerated at the fastest pace in the direction of Croatia, Austria and Germany.

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