Slovenia Trade Balance Turns To Surplus In March

India, May 5 -- Slovenia's foreign trade balance swung to a surplus in March from a deficit in the previous year as exports grew faster than imports, figures from the statistical office showed on Monday.

The trade balance showed a surplus of EUR 0.9 billion in March versus a shortfall of EUR 63.0 million in the same month last year. In February, it was a surplus of EUR 2.11 billion.

Exports surged 50.0 percent year-on-year in March, and imports rose only by 30.6 percent.

The value of exports to EU member states grew only by 0.4 percent, while those to EU non-member countries jumped by 107.3 percent.

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Published by HT Digital Content Services with permission from RTT News....