Slovenia trade surplus increased to EUR 937.05 million in July of 2019 from EUR 108.83 million in the corresponding month of the previous year. It was the largest trade surplus since the series began in 1992. Exports advanced 46.3 percent to EUR 3,962 million, with sales to the EU increasing 5.6 percent while those to non-EU countries advancing 185.4 percent. Meantime, imports went up 16.4 percent to EUR 3,025 million, as purchases from the EU jumped 62.3 percent while those from non-EU countries rose 62.3 percent. Balance of Trade in Slovenia averaged -61.81 EUR Million from 1992 until 2019, reaching an all time high of 937.05 EUR Million in July of 2019 and a record low of -338.81 EUR Million in April of 2019.
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 60.00 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.