Slovenia recorded a trade deficit of 84.01 EUR Million in August of 2020. source: Statistical Office of the Republic of Slovenia

Balance of Trade in Slovenia averaged -60.75 EUR Million from 1992 until 2020, reaching an all time high of 215.95 EUR Million in September of 2017 and a record low of -396.66 EUR Million in December of 2019. This page provides - Slovenia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Balance of Trade in Slovenia is expected to be -150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Slovenia to stand at -150.00 in 12 months time. In the long-term, the Slovenia Balance of Trade is projected to trend around -90.00 EUR Million in 2021, according to our econometric models.

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Slovenia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-84.01 200.51 215.95 -396.66 1992 - 2020 EUR Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-10 08:30 AM May €172.1M €114.5M €180M
2020-08-07 08:30 AM Jun €120M €154M € 60M
2020-09-09 08:30 AM Jul €200.5M €133M € 20M
2020-10-09 08:30 AM Aug €-84M €200.5M €280M
2020-11-09 09:30 AM Sep €-84M € 60M
2020-12-10 09:30 AM Oct

News Stream
Slovenia Posts Widest Trade Surplus for January since 2014
Slovenia's trade surplus widened to EUR 207.4 million in January of 2020 from EUR 59.2 million in the same month of the previous year. This was the seventh consecutive surplus for a January month and also the highest so far. Exports jumped 10.6 percent year-on-year to EUR 2,984 million, as sales grew sharply to non-EU countries (46.4 percent) whereas fell to the EU (-0.8 percent). Meantime, imports advanced 5.2 percent to EUR 2,776 million, as purchases from non-EU countries surged 26.5 percent while those to the EU went down (-2.2 percent).
Slovenia Logs Largest Trade Gap on Record
Slovenia posted a EUR 356.5 million deficit in December 2019 compared to a EUR 176.5 million deficit in the same month of the previous year. It was the widest monthly trade shortfall ever recorded. Imports jumped 11.2 percent, as purchases picked up from non-EU countries (43.7 percent) while rose only 0.6 percent from the EU. Meantime, exports rose 4.1 percent to EUR 2,349 million, driven by sales from non-EU countries (12.6 percent) and the EU (1 percent). Considering the full year of 2019, the country's trade shortfall amounted to EUR 0.5 billion, the first since 2013, as imports surged 10.9 percent to EUR 34 billion while exports rose at a slower 8.5 percent to EUR 33.5 billion.
Slovenia Trade Balance Swings to Surplus
Slovenia posted a EUR 88.1 million surplus in November 2019, compared to a EUR 13.6 million deficit in the same month of the previous year, as exports jumped 4 percent, led by sales to non-EU countries (28.7 percent). Meanwhile, exports to the EU dropped 3.6 percent. Imports rose at a much softer 0.4 percent, as an increase in purchases from non-EU countries (24.5 percent) was partially offset by a sharp decline in shipments from EU members (-6.6 percent). In the first eleven months of the year, the trade deficit stood at EUR 152.2 million, with exports rising by 8.8 percent and imports by 10.6 percent.
Slovenia Trade Gap Widens in October
Slovenia's recorded a trade deficit of EUR 103 million in October of 2019 compared to a shortfall of EUR 82 million in the corresponding month of the previous year. Imports surged 7.6 percent to EUR to EUR 3,182.1 million, as purchases from non-EU countries increased 45.1 percent while the ones from the EU declined 3.8 percent. Meantime, exports rose 7.1 percent to EUR 3,078.7 million, with sales to non-EU countries climbing 37.6 percent while those from the EU falling 1.5 percent.

Slovenia Balance of Trade
Trade in Slovenia equals about 120% of GDP (exports and imports combined). Slovenia exports mostly motor vehicles, furniture and household electrical equipment, pharmaceutical products and clothes. The country imports machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants and food. European Union (Germany, Austria, Italy and France) is by far its largest trading partner accounting for about 71% of exports and 79% of imports.