Slovenian Exports Increased by 9.3% in the First Quarter of 2018
- Written by: Editor
- Posted: 2018-05-15
In the first quarter of 2018 (January – March), the total level of Slovenian exports increased by 9.3% compared to the same period of 2017. According to the data offered by the Statistics Office in Slovenia, this accounted for EUR 7.5 billion. In March, Slovenia exported goods with a total value of EUR 2.7 billion, which represented an increase of 5.4% compared to the same month of the previous year. The country increased its export activities with countries situated in the European Union (EU), as well as with non-EU jurisdictions. Our team of lawyers in Slovenia can offer legal assistance on the main export regulations applicable in this country.
Slovenian exports with partner countries
At the level of March 2018, companies exporting goods from Slovenia increased their export activities by 5.7% with EU countries, compared to the same month of 2017. The total value of the exported goods reached EUR 2.1 billion and our team of Slovenian lawyers can offer assistance on the main trading regulation applicable at the level of the EU.
In the case of the exports conducted with non-EU countries, the total value was EUR 642.6 million. Even though the total exports were much lower compared to the ones conducted with EU partners, it also represented an increase compared to the last year, as at the level of March 2018, Slovenian exports to non-EU states expanded by 4.4%.
The Slovenian profile on export matters
Those who want to invest in Slovenia in the trading sector must know that the country has a relevant economy on export matters, being the 62nd largest global exporter. As presented by the Economic Complexity Index, Slovenia is the 11th most complex global economy.
From a traditional perspective, Slovenia is known for the export of the following products:
• packaged medicaments;
• vehicle parts;
• refined petroleum;
Between 2016 and 2017, the highest growth rate related to the exports of goods from Slovenia was recorded in the case of mineral fuels, which increased by 35.2% in the aforementioned period.
Businessmen may address to our law firm in Slovenia for more details concerning the export of goods from this country.