Business News

Trade Gap Widens in March

Ljubljana, 10 May (STA) - Slovenia exported EUR 1.87bn worth of goods in March while it imported EUR 2.01bn. The trade gap increased to EUR 146.62m from EUR 143.10 in February. The export-import ratio rose from 91.7% in February to 92,7%.

Compared to March 2010, exports increased by 14.2% while imports rose by 18.1%, according to preliminary data from the Statistics Office.

In the first three months of 2011, exports stood at EUR 4.96bn, up by 19% year-on-year, while imports rose by 21.3% to EUR 5.33bn. The trade gap thus reached EUR 365.62m in the first quarter while the export-import ratio stood at 93.1%.

Slovenia imported EUR 4.13bn worth of goods from EU markets in the first three months, which is 19.9% more than in the same period last year, while imports from other countries increased by 26.4% to EUR 1.20bn.

From January to March, EUR 3.69bn worth of goods were exported to the EU markets, up by 20.2% year-on-year, while EUR 1.27bn worth of goods or 15.7% more than in the same period last year were exported to third countries.

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