Slovenia Balance of Trade

Last Release

Dec 31, 2024

Actual

-882.38

Units In

EUR Million

-292.82

Frequency

Monthly

Next Release

Mar 07, 2025

Time to Release

28 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
670.98 Jun 2023	-3,118.29 Oct 2024	-90.7 EUR Million	1992-2024	Statistical Office of the Republic of Slovenia

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.

Latest Updates

The trade deficit in Slovenia widened sharply to EUR 882.4 million in December 2024 from EUR 11.1 million in corresponding month of the previous year. Imports surged by 39.7% from a year earlier to EUR 5,529.5 million, mainly due to significant increase in purchases from non-EU countries (111.1%). However, purchases from EU countries (-2.4%) declined. Meanwhile, exports rose 17.7% year-on-year to EUR 4,647.1 million, primarily attributed to sharp increase in sales to non-EU countries (40.7%). However, sales to EU countries (-1.1%) decreased. Considering the whole period of 2024, the country recorded a trade gap of EUR 7,633.9 million.