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Slovenia Trade Balance Swings to Deficit in February

Trade

Photo by Zerbor / Shutterstock.com

Slovenia posted a trade deficit of EUR 990.5 million in February, compared to a surplus of EUR 230.2 million in the same period of the previous year, the statistics bureau announced.

Year-on-year, exports dropped by 0.1% to EUR 4,508.6 million, as sales to non-EU countries fell by 0.5%, while those to the EU rose by 0.2%.

Meanwhile, imports jumped by 28.4% to a record high of EUR 5,499.1 million, largely attributed to an 82.8% rise in purchases from non-EU countries, whereas imports from the EU decreased by 2.4%. 

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