Trade Features and Trade Partnerts

The country export in the region of Podravje was, like generally in Slovenia,  growing steadily and it was crucial to Slovenia’s economic recovery when the country gained  it’s independence 25 years ago. 

As an EU member and Eurozone member Slovenia’s trade relations with other EU member states is based on free flow of goods. Trade is carried out without customs control, customs duties, quantitative movement of restrictions or any other measures.

In the trading relations with the third countries, outside EU  Slovenia follows the foreign trade policy  of the EU under the common foreign trade regime.

Podravje’s and Slovenia’s economy in general are  highly dependent on international trade. The ratio of merchandise trade (imports and exports) to GDP is one of the highest in the south-east part of the EU .External trade equals nearly 150% of GDP (exports and imports combined). 

Exports and imports as a % of GDP, 2015

Source:Eurostat

 

 

Main Slovene trading partners, 2015

Export Markets

EUR million     

Import Markets

EUR million    

Germany

4,948

Germany

4,423

Italy

2,694

Italy

3,630

Austria

2,032

Austria

2,735

Croatia 

1,871

Croatia 

1,370

France

1,182

Hungary

1,013

Poland

817

France

843

Russian Federation

792

The Netherlands                     

822

Serbia

743

China 

758

Hungary

698

Czech Republic

629

Bosnia & Herzegovina                   

611

Poland 

624

Czech Republic

557

Belgium

441

United Kingdom

534

Spain

408

TOTAL export

23,966

TOTAL import

23,208

Source: Institute of Macroeconomic analysis and development

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