Business News

May's exports of goods up by 31% year-on-year, imports by 52%

Ljubljana, 09 July (STA) - In May, Slovenia exported EUR 3.2 billion worth of goods and imported EUR 3.4 billion. The value of exports was 31.2% higher than a year ago, while the value of imported goods increased by 51.6%. That value of imports was higher than that of exports for the second month in a row.

The export/import coverage was 93.4% and the deficit amounted to EUR 200 million, according to data published by the Statistics Office on Friday.

Two-thirds of Slovenia's total trade of goods was with EU member states, 67% in exports and 65.3% in imports.

Slovenia exported EUR 2.1 billion worth of goods to EU countries, 34.8% more than in the same month last year, while EUR 2.2 billion worth of goods were imported, up 43.8%.

Slovenia's exports to non-EU countries amounted to EUR 1.1 billion, while EUR 1.2 billion worth of goods were imported from there.

The value of goods exported from outside the EU was 24.3% higher than in May 2020, while the value of imported goods was 68.8% higher.

In the first five months of 2021, the value of goods exported was 18.6% higher than in the same period in 2020, and the value of imports was 23.3% higher.

The trade surplus during this period amounted to EUR 300 million and the export/import coverage stood at 102.2%.

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