Current Economic Trends
Current economic trends from 3 to 7 June 2019: exports and imports of goods
Exports of goods have been easing off in recent moths after strong growth at the beginning of the year, while the growth of goods imports has been strengthening amid robust domestic demand.
Real exports of goods remained high after significant growth at the beginning of the year, while the growth of real imports of goods accelerated. In the first four months to April, exports were up 9.2% year on year. According to our estimate, high-technology industries made the greatest contribution to growth, particularly exports of medicinal and pharmaceutical products. The growth of imports was 12.3% during this period. It continued to arise mainly from higher imports of consumer and intermediate goods. Slovenia traditionally trades the most with countries in the EU (around 76% of exports and imports), but this year the share of trade with countries outside the EU increased somewhat, particularly with Switzerland, where pharmaceutical products account for a significant share (78% of trade in goods).