Slovenia Trade Balance Swings to Deficit

Slovenia recorded a trade deficit of EUR 1,149.8 million in January 2026, a sharp reversal from a surplus of EUR 296.6 million in the same month last year, as exports fell much faster than imports. Exports plunged 22.8% year-on-year to EUR 4,188.7 million due to a sharp decline in sales to non-EU countries (-46.7), while shipments to the EU increased (9.1%). Imports dropped 5.0% to EUR 5,338.4 million, amid reduced purchases from both the EU (-4.5%) and non-EU countries (-5.4%).

Slovenia’s trade deficit narrowed sharply to EUR 210.7 million in December 2025 from EUR 891.3 million in the corresponding period of the previous year. Exports climbed 13.3% year-on-year to EUR 5,363.4 million, due to higher sales to both the EU (1.5%) and non-EU countries (23.7%). On the other hand, imports fell by 0.9% to EUR 5,574 million, largely driven by a drop in purchases from non-EU countries (-3%), while arrivals increased from the EU (1.6%). Considering the entire year, the country posted a surplus of EUR 1,488.4 million, reversing a trade deficit of EUR 7,701.7 million recorded in the same period last year.

Slovenia’s trade deficit narrowed to EUR 339.7 million in November 2025, from EUR 389.4 million in the corresponding month of the previous year. Exports rose by 0.2% year-on-year to EUR 5,463.2 million, due to higher sales to the EU (1.6%), while shipments decreased for non-EU countries (-1.1%). On the other hand, imports fell by 0.6% to EUR 5,802.9 million, largely due to a decline in purchases from both EU (-0.9%) and non-EU countries (-0.3%). Considering January to November, the country posted a surplus of EUR 1,709.7 million, reversing a trade deficit of EUR 6,810 million recorded in the same period last year.