Slovenia has reoriented much of its trade away from its former Yugoslav neighbors toward Western Europe. Sanctions imposed by the UN on trade with Serbia severed Slovenia from its largest foreign market. In 1992, 55% of Slovenia's exports were sent to the European Union, and only 30% to Croatia and the other former Yugoslav republics. By 2000, the EU was buying 64% of Slovenia's exports.
Slovenia manufactures and exports mostly motor vehicles (8.5%), furniture (6.8%), and household electrical equipment (5.7%). Other exports include medicinal and pharmaceutical products (4.5%), clothes (4.4%), paper (3.4%), and iron and steel (3.3%).
Principal trading partners in 2000 (in millions of US dollars) were as follows:
COUNTRY | EXPORTS | IMPORTS | BALANCE |
Germany | 2,376 | 1,918 | 458 |
Italy | 1,188 | 1,761 | -573 |
Croatia | 688 | 448 | 240 |
Austria | 656 | 831 | -175 |
France | 620 | 1,043 | -423 |
United States | 271 | 300 | -29 |
Russia | 191 | 229 | -38 |
United Kingdom | 186 | 310 | -124 |
Hungary | 169 | 294 | -125 |
Czech Republic | 151 | 252 | -101 |
Comment about this article, ask questions, or add new information about this topic: