STA, 10 December 2018 - Slovenia exported EUR 2.88bn worth of goods in October, 10.5% more than in the same month a year ago. Merchandise imports rose by 19.2% to EUR 2.94bn, creating a trade deficit of EUR 59.3m.
Releasing fresh figures on Monday, the Statistics Office said the recorded values of exports and imports in October were the highest this year as well as in recent years.
The export-import ratio stood at 98%. The EUR 59.3m deficit was mostly due to increased imports from non-EU countries.
Almost 80% of Slovenia's merchandise trade was generated in the EU market; 78% of exports and 76.5% of imports.
Exports to EU member states rose by 12.5% year-on-year to EUR 2.25bn and imports from there increased by 13% to EUR 2.25bn, with a trade deficit of EUR 1.5m.
Exports to non-EU markets rose by 3.9% year-on-year to EUR 634.6m, whereas imports soared by 44.7% to EUR 692.3m, opening a deficit of EUR 57.8m.
In the first ten months of the year Slovenia's exports grew at an annual rate of 9.8% to EUR 25.8bn and imports increased by 11.7% to EUR 25.4bn.
External trade surplus in the ten month period amounted to EUR 390.1m and the export/import ratio was 101.5%.
The data and trends indicate that foreign trade's contribution to Slovenia's economic growth is set to decrease, with domestic components contributing more.
Industrial output keeps rising
STA, 10 December 2018 - Slovenia's industrial output in October was 2.5% above the September figure and 4% higher year-on-year, while in the first ten months of the year industry expanded by 6% year-on-year, fresh statistics show.
Between January and the end of October manufacturing output expanded by 6.5%; electricity, gas and steam supply industries recorded a 1.9% growth and mining and quarrying a 0.4% growth.
A report by the Statistics Office also shows growth in production regardless of technological complexity; output of high-tech goods increased the most, at the annual rate of 6.6%.
Capital goods production expanded by 13.6%, output of consumer goods grew by 3.7% and production of intermediate goods increased by 3.8% in the ten months of the year compared with the same period last year.
In October alone output increased the most in manufacturing, by 2.6% from the month before and by 4.4% year on year.
Production in electricity, gas and steam supply rose by 2% from the month before, but fell by 0.3% year-on-year, while mining and quarrying put out 3.2% less than a month ago and 13.1% more year-on-year.
Industrial turnover was 2.8% higher than the month before and 2.3% higher than in October 2017. The value of stocks of finished and unfinished products rose by 1.2% from September by 11.2% year-on-year.
