Slovenia’s 6-month trade surplus declined sharply y/y to €210.6mn

Slovenia’s 6-month trade surplus declined sharply y/y to €210.6mn
By bne IntelliNews August 9, 2021

Slovenia’s trade surplus declined to €210.6mn in the first six months of 2021, from a surplus of €829.1mn in the same period a year earlier, the statistics office said on August 9.

The value of external trade in June was even higher compared to the same month in pre-pandemic 2019, when the economic activity still hasn’t been hindered by the adverse effects of the COVID-19.

Slovenia’s exports amounted to €19.2bn in the first six months, up by an annual 18.9%, while imports jumped 24.9% year on year to nearly €19bn.

In June, Slovenia posted a trade deficit of €86.6mn, compared to a surplus of nearly €120mn a year earlier. Exports increased 21% y/y to €3.3bn, while imports soared 30.6% y/y to €3.4bn in June.

The export/import ratio in June was 97.5%.

In 2020, Slovenia posted a trade surplus of €850.3mn, against a deficit of €563.5mn a year earlier.

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