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Slovenia's trade balance turns to deficit in H1

Author Radomir Ralev
Slovenia's trade balance turns to deficit in H1 Photo: Slovenia's SURS

LJUBLJANA (Slovenia), August 8 (SeeNews) - Slovenia's trade balance turned to a 2.223 billion euro ($2.264 billion) deficit in the first half of 2022, from a 210.6 million euro surplus in the like period of 2021, the country's statistical office said.

Exports in January-June grew 32.1% on the year to 25.481 billion euro, while imports rose 47.0% to 27.704 billion euro, the statistical office, SURS, said in a statement.

The European Union was Slovenia’s main trading partner in the six-month period, absorbing 16.075 billion euro of the country's exports and providing 16.809 billion euro of its imports.

In June alone, Slovenia's exports went up 57.2% on the year to 5.259 billion euro, while imports grew 40.0% to 4.797 billion euro, resulting in a 462.5 million euro trade surplus for the month.

($ = 0.98074 euro)