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Slovenia's Jan-Nov trade surplus expands

Slovenia's Jan-Nov trade surplus expands Author: M.Crozet. License: Attribution 2.0 Generic.

LJUBLJANA (Slovenia), January 9 (SeeNews) - Slovenia posted a trade surplus of 841.0 million euro ($884.9 million) in the first eleven months of 2016, up from 795.1 million euro a year earlier, as exports rose slightly faster than imports, the statistical office said on Monday.

Exports increased 3.8% year-on-year, reaching 22.9 billion euro, while imports rose 3.4% to 22.1 billion euro, the office said in a statement.

In November alone, Slovenia recorded a trade gap of 15.2 million euro, as exports rose 5.1% on the year to 2.2 billion euro, while imports jumped 10.5% to 2.2 billion euro.

The European Union was Slovenia’s main trading partner in November, absorbing 1.7 billion euro of the country's exports and providing 1.8 billion euro of its imports.

Slovenia ended 2015 with a trade surplus of 635.1 million euro, higher than a surplus of 355.5 million euro in 2014, as exports climbed 4.4% to 23.9 billion euro, while imports rose 3.2% to 23.3 billion euro.

($=0.950463 euro)

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