Slovenia - Foreign trade



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:

Slovenia

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

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