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%.