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Slovenia's trade gap shrinks in Jan-Oct

Dec 5, 2023, 12:15:02 PMArticle by Radomir Ralev
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December 5 (SeeNews) - Slovenia's trade balance was in deficit of 1.8 billion euro ($1.9 million) in the first ten months of 2023, versus a 3.3 billion euro deficit in the like period of last year, the country's statistical office said on Tuesday.

Slovenia's trade gap shrinks in Jan-Oct
Photo: Slovenia's Luka Koper

Exports in January-October grew 4.7% on the year to 45.848 billion euro, while imports went up 1.0% to 47.679 billion euro, the statistical office, SURS, said in a statement.

The European Union was Slovenia’s main trading partner in January-October, absorbing 25.675 billion euro of the country's exports and providing 26.560 billion euro of its imports.

In October alone, Slovenia's exports went up 11.6% on the year to 4.837 billion euro, while imports fell 0.7% to 4.856 billion euro, resulting in a 19.7 million euro trade deficit for the month.

($ = 0.92325 euro)

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