Slovenia’s trade balance goes into deficit in the first quarter

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Slovenia’s trade balance fell to a deficit of 1.649 billion euros in the first quarter of 2022, from a surplus of 703.6 million euros in the same period of 2021, the country’s statistical office said on Thursday. .

Exports from January to March rose 21.6% on the year to 11.464 billion euros, while imports rose 49.1% to 13.112 billion euros.

In March alone, exports increased by 23.7% year-on-year to EUR 4.354 billion, while imports increased by 45.5% to EUR 4.993 billion, resulting in a trade deficit of 639 million euros for the month.

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