Trade in Slovenia

Slovenia is a small country with an export oriented economy. In 2018, Slovenia's export competitiveness resulted  in record levels of exports and imports. Results prove that Slovenian companies are highly reliable and efficient suppliers and sub-contractors. Exports and private consumption will be the key drivers of economic growth also in 2019.

 

In 2018 Slovenian economy exported for 30,858 mio EUR and imported for 30,706 mio EUR of goods and services. Exports accounted for 76.5% of the country’s GDP. More than three-quarters of trade was with EU member states: 77% of all exports and 78.3% of all imports.

 

Market share increased for the third year in succession for the majority of Slovenia's main markets, especially in the EU. Slovenia’s main exporting partners in 2018 were Germany, Italy, Croatia, Austria and France while the main exported product groups were motor vehicles, electrical equipment, pharmaceutical products, machinery and equipment and metals. In the same year Slovenia’s largest exporters were GEN-I (electricity), Revoz (automotive), Krka and Lek (pharmaceuticls) and HSE (electricity).

 

The biggest share of imports in 2018 represented goods from the group of road vehicles, followed by petroleum and petroleum products and electrical machinery, while the majority of products were imported from  Germany, Italy and Austria.

 

Sources: Institute for Macroeconomic Analysis and Development, Statistical Office of the Republic of Slovenia, Bank of Slovenia, 2019

 

Top 20 Slovenian exporters in 2018

 

Top 20 Slovenian exporters in 2018 (in EUR 000)

Company 

Sales on foreign markets in 2018

(in mio EUR)

GEN-I   1,899.6
Revoz   1,754.9
Krka   1,177.396
Lek   1,014.1
HSE   945.7
Belektron   724.5
Impol   662.7
Adria Mobil   383.5
Hella Saturnus Slovenija   379.5
SIJ Acroni   373.7
Sandoz   309.4
Talum Kidričevo   302.6
LTH Castings   289.7
BSH Hišni aparati Nazarje   286.7
Tab   258.1
AquafilSLO   245.3
Geoplin   235.2
Cimos   215.5
Carthago   202.9
Odelo Slovenija   199.9

Source: Newspaper Finance, 2019