Handel

09/05/11

Handel in Slowenien

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03/01/12

Trade in Slovenia

Slovenia's economy is highly dependent on international trade. The ratio of merchandise trade (imports and exports) to GDP is one of the highest in the region.

 

Exports and imports as a % of GDP, 2009

Source: Eurostat; Europe in figures 2012

In the early 1990s Slovenia, faced with the loss of Yugoslav markets and the breakdown of transport and communications to south-eastern Europe, reoriented trade towards the EU and associated countries; these now account for over two thirds of Slovenia's trade. Pre-transition trade links have not disappeared, however; by 2000, the decline of trade with countries of the former Yugoslavia and Russia had been halted.

 

Main trading partners, 2010 (% of total)

Export Markets

EUR million

Import Markets

EUR million

Germany

3,616

Germany

3,655

Italy 

2,233

Italy

3,529

Austria

1,493

Austria

2,406

France

1,478

France

1,090

Croatia

1,220

Hungary

805

Poland

630

Croatia

746

Serbia

572

The Netherlands

656

Hungary

544

Czech Republic

505

Russian Federation

534

Spain

454

Bosnia & Herzegovina

528

China

449

United Kingdom

450

Belgium

424

Czech Republic

435

Poland

415

TOTAL export

18,243

TOTAL import

19,881

Source: SORS; 2011

 

The product composition of merchandise trade, still dominated by semi-finished and intermediate manufacturing goods, is shifting gradually. The shares of textiles, clothing and steel in merchandise exports are declining slightly, while those of automotive products, electronics and pharmaceuticals are increasing.

 

Main trading products by divisions of the SITC, 2010

Exports of groups of goods 

as % of total

Imports of groups of goods 

as % of total

Road vehicles

14.1

Road vehicles

10.1

Electrical machinery, apparatus & appliances

11.0

Petroleum & petroleum products

9.2

Medical & pharmaceutical products

8.8

Electrical machinery, apparatus & appliances

65

General industrial machinery

5.8

Iron & steel

4.5

Metal products

4.7

General industrial machinery

3.9

Iron & steel

3.5

Medical & pharmaceutical products

3.7

Miscellaneous manufactured articles

3.3

Non-ferrous metal

3.7

Non-ferrous metals

3.1

Manufactures of metal

3.5

Furniture & parts thereof

2.9

Miscellaneous manufactured articles

3.1

 Source: SORS, Slovenia in Figures, 2011

 

In recent years the structure of Slovenian commodity exports has shifted in favour of products that use technology and human resources most intensively.

 

Current account balance as % of GDP, 2006-2013  

2006

2007

2008

2009

2010

2011

forecast

2012

forecast

2013

forecast

Current account balance

-2.5 

-4.8 

-6.9

-1.3

-0.8 

-1.0

-0.5

1.0

Source: Institute for Macroeconomic Analysis and Development, 2011

 

Top 10 Slovenian exporters in 2011 (exports and imports in EUR 000)

Company

Total exports 

Total imports

Exports to EU

Exports to the states

of former Yugoslavia 

Gorenje Group

1,182,178

197,780

741,322

186,872

Revoz d.d.

1,102,451

848,856

1,102,263

42

Krka d.d.

973,800

240,913

581,471

82,666

HSE d.o.o.

778,400

803,900

560,500

99,000

SIJ Group

653,196

300,000

571,781

16,183

Impol Group

434,270

281,155

407,703

16,050

Cimos d.d.

396,185

250,567

312,599

63,871

Kolektor Group

356,800

227,000

272,400

7,600

BSH House Appliances d.o.o.

276,840

172,140

235,350

33,171

Hella Saturnus d.d.

256,630

163,242

225,471

4,477

Source: Newspaper Delo, 2012

 Public Procurement (149 KB)

The document has been prepared by the Centre for International Cooperation and Development.

 

 

Insurance & Financing of Exports

 

VAT & Customs