Slovenia's trade surplus decreased to EUR 30.2 million in March of 2019 from EUR 116 million in the same month a year ago. Exports surged 2.9 percent to EUR 2,861 million, with sales to the EU rising 3.2 percent and those to non-EU countries increasing 1.7 percent. Meantime, imports went up 6.2 percent to EUR 2,831 million, as purchases from the EU rose 1.6 percent and those to non-EU countries jumped 23.7 percent. Balance of Trade in Slovenia averaged -64.90 EUR Million from 1992 until 2019, reaching an all time high of 215.95 EUR Million in September of 2017 and a record low of -325 EUR Million in August of 2008.
Balance of Trade in Slovenia is expected to be 60.00 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 140.00 in 12 months time. In the long-term, the Slovenia Balance of Trade is projected to trend around -90.00 EUR Million in 2020, according to our econometric models.