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Exports and imports of goods, Slovenia, March 2020

Exports and imports from January to March 2020 higher than in the same period of 2019

In the period from January to March 2020 both exports and imports increased compared to the same period of 2019, exports by 6.5% and imports by 2.7%. In March 2020, trade in goods with EU Member States was lower, while with EU non-member countries it was higher than in March 2019.

  • 5/8/2020
  • |
  • provisional data
Exports in March 2020 higher, imports lower than in March 2019

In March 2020, exports amounted to EUR 2,918.1 million (up by 1.1% over March 2019) and imports to EUR 2,768.9 million (down by 3.3% over March 2019). In both exports and imports in March 2020 the two most important trade partners of Slovenia were Germany and Switzerland.

In March 2020, the surplus in external trade in goods amounted to EUR 149.2 million. The export/import ratio was 105.4%. The March surplus in external trade in goods in 2020 was the highest in the last ten years.

Trade in goods with EU Member States in March 2020 lower, with EU non-member countries higher than in March 2019

In March 2020, Slovenia generated 64.6% of all exports and 67.5% of all imports in trade with EU Member States. Exports to those countries in March 2020 amounted to EUR 1,885.4 million (down by 13.0% over March 2019) and imports to EUR 1,869.4 million (down by 12.6% over March 2019). The value of trade in March 2020 in comparison with the same month of the previous year has decreased in trade with all of the most important trade partners from the EU, by the most with Italy.

Exports to EU non-member countries in March 2020 amounted to EUR 1,032.7 million (up by 43.6% over March 2019) and imports to EUR 899.5 million (up by 24.3% over March 2019). The growth of trade in goods with this group of countries was most affected by the increased value of trade with Switzerland.

Exports and imports higher in the first three months of 2020 than in the same period of 2019


Slovenia’s exports in the first three months of 2020 amounted to EUR 8,787.8 million and imports to EUR 8,317.4 million. Exports in the observed period increased by 6.5% and imports by 2.7% compared to the same period of 2019.

External trade surplus in the mentioned period amounted to EUR 470.4 million and the export/import ratio was 105.7%.

Monthly values of exports and imports, Slovenia
Monthly values of exports and imports, Slovenia
Source: SURS
Exports and imports of goods, Slovenia
III 2020I–III 2020III 2020
III 2019
I–III 2020
I–III 2019
1,000 EURindex
Exports2,918,0778,787,840101.1106.5
  EU-271,885,3655,871,50487.095.5
  EU non-member countries1,032,7122,916,336143.6138.4
Imports2,768,8638,317,44696.7102.7
  EU-271,869,3765,684,44987.494.6
  EU non-member countries899,4862,632,996124.3125.9
Trade balance149,214470,394-1)-1)
Exports as % of imports105.4105.7-1)-1)
1) Not applicable.
Source: SURS
METHODOLOGICAL NOTE
Monthly data for 2020 are provisional. With each First Release the data can be corrected and completed with new data. Final data for 2019 will be published on 15th of June 2020 and final data for 2020 in June 2021.

With the exit of the United Kingdom from the EU (February 2020), Slovenia's trade in goods with the mentioned country is now being considered in the scope of Slovenia's trade with EU non-member countries (Extrastat), and no longer in trade with EU Member States (Intrastat). The recalculation has also been made for the previous periods of 2020 and when calculating growth rates also for the corresponding 2019 periods. Due to the mentioned adjustment of data, the share of Slovenia's trade with EU Member States in Slovenia's total trade decreased and the share of Slovenia's trade with EU non-member countries increased accordingly.





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