Exports and imports in November 2017 higher than in November 2016
In November 2017 both exports and imports increased compared to November 2016, the former by 16.2% (amounting to EUR 2,576.0 million) and the latter by 14.8% (amounting to EUR 2,578.5 million). In November 2017 the values of exports and imports were also higher than the average value of monthly exports and imports in 2016: exports by 23.8% and imports by 28.3%.
In November 2017 a deficit in trade in goods was recorded, amounting to EUR 2.5 million. The export/import ratio was 99.9%. November was thus the second month in 2017 with a deficit in trade in goods; this can be explained by somewhat higher imports from EU Member States. The value of imports in November 2017 was the largest in 2017 (exports were fourth).
In November 2017 Slovenia exported most products from the group motor cars and other motor vehicles and the group medicaments, and imported most products from the group motor cars and other motor vehicles and the group petroleum oil and oils obtained from bituminous minerals.
Trade in goods with EU Member States in November 2017 higher than in November 2016
In November 2017 Slovenia generated 77.7% of all imports and 81.0% of all exports in trade with EU Member States. Exports to these countries amounted to EUR 2,001.2 million (up by 19.1% over November 2016) and imports from them to EUR 2,089.5 million (up by 16.1% over November 2016).
Exports to EU non-member countries in November 2017 amounted to EUR 574.8 million (up by 6.9% over November 2016) and imports from them to EUR 489.0 million (up by 9.7% over November 2016).
Increase in exports and imports from January to November 2017 compared to the same period of 2016
Slovenia’s exports in the January-November 2017 period amounted to EUR 26,065.9 million (up by 13.5% over the same period of 2016) and imports to EUR 25,289.3 million (up by 14.4% over the same period of 2016). In the first eleven months of 2017 the external trade surplus amounted to EUR 776.6 million and the export/import ratio was 103.1%.