Slovenia’s exports in 2016 amounted to almost EUR 25 billion (a 4.0% increase over 2015) and imports to just over EUR 24 billion (a 3.3% increase over 2015).
Exports and imports in December 2016 higher than in December 2015
External trade in December 2016 was one of the lowest last year; the value of exports (EUR 1,974.7 million) was tenth among last year’s monthly results, lower being only exports in January and August, while the value of imports (EUR 1,955.9 million) was ninth, in front of February, August and January values. Compared to December 2015 external trade in December 2016 was higher; exports increased by 6.6% and imports by 1.1%. The value of exports in December 2016 was 1.0% lower than the average value of monthly exports in 2015, while the value of imports was 0.7% higher than the average value of monthly imports in the same period.
Trade surplus in December 2016 amounted to EUR 18.8 million and the export/import ratio was 101.0%.
In December 2016 exports both to EU Member States and to EU non-member countries higher than in December 2015
In December 2016 Slovenia generated 72.1% of total exports and 79.9% of total imports in trade with EU Member States. Exports to them amounted to EUR 1,424.2 million (a 6.6% increase over December 2015) and imports from them to EUR 1,562.3 million (a 0.5% decrease over December 2015). In December exports to EU Member States were second lowest and imports third lowest in 2016.
Exports to EU non-member countries in December 2016 amounted to EUR 550.5 million (a 6.3% increase over December 2015), while imports from them amounted to EUR 393.6 million (an 8.0% increase over December 2015). In December exports to EU non-member countries were the highest and imports fourth highest in 2016.
The most important trading partners of Slovenia in 2016 in trading with EU Member States were Germany and Italy both in exports and imports, while in trading with EU non-member countries the main trading partners were Serbia and Russia in exports and China and Serbia in imports.
External trade in 2016 higher than in 2015
Slovenia’s exports in 2016 amounted to EUR 24,903.1 million (a 4.0% increase over 2015) and imports to EUR 24,064.5 million (a 3.3% increase over 2015). The export/import ratio in the mentioned period was 103.5% and external trade surplus amounted to EUR 838.6 million. In 2016 only two months (August and November) had a deficit in external trade.External trade in 2016 was the highest in recent years. Exports exceeded the pre-crisis level of 2008 already in 2011 and have been growing ever since, while imports exceeded the level of 2008 in 2015. Slovenia generates most of the external trade with EU Member States, but also has an external trade deficit with those countries. That deficit has been decreasing in recent years. On the other hand, there has been an external trade surplus with EU non-member countries, which has continued also in 2016.
Table 1: Exports and imports of goods, December 2016, Slovenia
1) Not applicable.
Monthly data for 2016 are provisional. With each First Release the data can be corrected and completed with new data. Final data for 2016 will be published in June 2017.