Slovenian Exports, Imports and Industrial Output Rise in April

By , 08 Jun 2018, 11:47 AM Business
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Good news on the economy. 

STA, 8 June 2018 - Slovenia's merchandise exports amounted to EUR 2.5bn in in April, an increase of 14.3% on the same month a year ago, while imports rose by 13.6% to to EUR 2.4bn in the same period.

Data released by the Statistics Office on Friday put the surplus in merchandise trade to EUR 109.5m and the export-import ratio at 104.6%.

Over 78% of the exports and over 82% of the imports in April were generated in trade with EU member countries. Exports there rose by 15.9% year-on-year to EUR 1.9bn and imports were up by 15.7% to EUR 2bn.

Exports to markets outside the EU amounted to EUR 543m and imports from there to EUR 424m, which marks and increase of 9.1% and 4.6%, respectively, year-on-year.

In the first quarter of the year, exports increased at an annual rate of 11.6% to EUR 10.1bn, as imports grew by 10.7% to EUR 9.7bn.

This puts the trade surplus at EUR 318m and the export-import ratio at 103.3%.

The most important export items in this period were from the group motor cars and other motor vehicles and the group medicaments.

The key imports were from the group motor cars and other motor vehicles and the group petroleum oil and oils obtained from bituminous minerals.

Industrial output

A separate STA report notes that Slovenia's industrial output rose by 6.9% at the annual level in April despite remaining unchanged on the month before, as mining and manufacturing continued to grow at a robust pace, the Statistics Office said on Friday.

In mining, output surged by 14% year-on-year and in manufacturing it expanded by 7.4%. Electricity, gas and steam supply was virtually flat.

Revenue, meanwhile, grew at 0.4% over the previous month and 8.3% at the annual level.

The biggest increase was recorded in capital goods industries (18.4%).

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