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Slovenia swings to trade deficit in Jan-Sept

Slovenia swings to trade deficit in Jan-Sept Source: Pixabay

LJUBLJANA (Slovenia), November 8 (SeeNews) – Slovenia recorded a trade deficit of 35.2 million euro ($38.9 million) in the first nine months of 2019, compared to a surplus of 482.3 million euro in like period of last year, the country's statistical office said on Friday.

Exports rose to 25.1 billion euro in January-September, 9.6% higher than a year earlier, while imports increased 11.8% to 25.1 billion euro, the statistical office said in a statement.

The European Union was Slovenia’s main trading partner in the first nine months of 2019, absorbing 18.7 billion euro of the country's exports and providing 18.6 billion euro of its imports.

In September alone, Slovenia recorded a trade surplus of 29.0 million euro, as exports rose 15.2% on the year to 3.0 billion euro while imports expanded 13.6% to 2.9 billion euro.

($ =0.90397 euro)

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