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Slovenia's Exports Surge in February, Trade Gap Widens

Ljubljana, 08 April (STA) - Slovenian goods exports surged 20.2% year-on-year in February to EUR 1.58bn, but the trade gap nearly doubled over the month before as imports were up 21.4% to EUR 1.72bn, the Statistics Office said on Friday.

The trade gap rose to EUR 135m from EUR 70.9m in January, with the export-import coverage at 92.1%, according to provisional data.

In the first two months of 2011 exports rose 22.4% year-on-year to EUR 3.1bn, with imports up 23.1% to EUR 3.31bn.

The EU remains the top destination for Slovenia's exports and the main source of imports.

January-through-February exports to the EU rose 22.5% year-on-year to EUR 2.3bn, while exports to third countries were up 22% to EUR 772.5m.

Imports from the EU rose 22.9% to EUR 2.54bn in the same period, while imports from non-EU countries stood at EUR 769.4m, up 23.7%.

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