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Slovenia Business Week no. 25: Trade Deficit in May at EUR 162.3m

Slovenia's exports in May stood at EUR 1.67bn, up 15.6% over the same month last year, while imports amounted to EUR 1.83bn, up by 17.8% year-on-year

Slovenia's exports in May stood at EUR 1.67bn, up 15.6% over the same month last year, while imports amounted to EUR 1.83bn, up by 17.8% year-on-year. The trade deficit for May stood at EUR 162.3m, while the export-import ratio stood at 91.1%, according to preliminary data from the Statistics Office.

In the first five months of 2007, Slovenian exports were up by 17.7% year-on-year to EUR 7.93bn, while imports increased by 19.2% to EUR 8.54bn. The trade deficit stood at EUR 611.74m and the export-import ratio was at 92.8%.

The value of imports from the EU countries in the first five months stood at EUR 6.75bn, up 16.8% year-on-year, while imports from third countries were up by 29.5% to EUR 1.79bn.

In the same period, EUR 5.68bn of all Slovenia's exports (up 18.1% year-on-year) was destined to the EU countries, while the remaining EUR 2.25bn (up 16.7% year-on-year) went to third countries.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency