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Slovenian trade balance turns to deficit in Q1

Trade

Slovenia's trade balance turned to a EUR 1.649 billion deficit in the first quarter of 2022, from a EUR 703.6 million surplus in the like period of 2021, the country's statistical office said on Thursday.

Exports in January-March grew 21.6% on the year to EUR 11.464 billion, while imports rose 49.1% to EUR 13.112 billion.

In March alone, exports went up 23.7% year-on-year to EUR 4.354 billion, while imports grew 45.5% to EUR 4.993 billion, resulting in a EUR 639 million trade deficit for the month. 

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