Business News

Slovenia's Trade Gap Increases in October

Ljubljana, 10 December (STA) - Slovenia exported EUR 1.49bn worth of goods in October, while imports stood at EUR 1.53bn. The country's trade gap thus increased to EUR 35.2m from EUR 22.2m in September. The export-import ratio stood at 97.7% in October, down from 98.5% in September, according to the Statistics Office's preliminary data released on Thursday.

Compared to October 2008, exports were down by 18%, while imports dropped by 28.7%.

In the first ten months of 2009, exports decreased by 21.8% to EUR 13.37bn. Meanwhile, imports fell by 29.3% to EUR 13.99bn.

The trade gap of the first ten moths subsequently amounted to EUR 612.8m and the export-import ratio stood at 95.6%.

Slovenia imported EUR 10.95bn worth of goods from EU members in the first ten months of 2009, which is 26% less that in the same period last year.

Imports from outside the EU meanwhile decreased by 38.1% to EUR 3.03bn.

Slovenia exported EUR 9.36bn worth of goods to EU countries in the first ten months of 2009, down 15.6% year-on-year, while exports to non-EU countries topped EUR 4bn, down 23.1% in year-on-year comparison.

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