Business news

Slovenia's integration in international trade high also in 2020

Ljubljana, 05 December (STA) - Slovenia's integration in international trade measured by the indicator of trade integration of goods was among the highest in the EU, placing the country third. Measured by the indicator of trade integration of services, Slovenia was roughly in the middle of EU member states, the Slovenian Statistics Office said this week.


Slovenia placed among the top eight in exports and nine in imports in terms of the share of exports and imports of goods and services in the GDP last year.

The countries with higher shares were Luxembourg, Malta, Ireland, Slovakia, Belgium, Hungary and the Netherlands.

The country's share of exports of goods and services amounted to 77.9% of GDP and the share of imports of goods and services to 68.7% of GDP.

Thus, as a result of the pandemic, the country's international trade and GDP were down as the values of exports and imports were 7.2% and 8.8% lower than in 2019.

As regards the share of direct investment, Slovenia continued to be at the bottom of EU member states.

FDI at the end of last year reached EUR 16.6 billion, up 2.4% compared to the end of 2019, amounting to 35.3% of the GDP value, which is 1.9% more than in 2019.

Slovenia's direct investment abroad reached EUR 7 billion, up 1.7%, amounting to 14.8% of the GDP value, which is 0.7% more than in 2019.

OECD data shows that as regards the share of inward FDI stock in GDP and the share of outward FDI stock in GDP, Slovenia continued to position itself among the last six EU member states, the statistics office added.