SLOVENIA'S TRADE IN GOODS WITH THE WESTERN BALKAN COUNTRIES

In this paper, the author deals with Slovenia's trade in goods with the Western Balkan countries, Slovenia's important trade partners that together account for more than ten per cent of the value of Slovenia's total trade in goods. There are several reasons for this, such as ease of t...

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Bibliographic Details
Published in:Bulletin of the Transilvania University of Brașov. Series V, Economic science Economic science, 2014-07, Vol.7 (2), p.289
Main Author: Romih, Dejan
Format: Article
Language:English
Subjects:
Alliances
Economic crisis
Employees
Exports
Fossil fuels
GDP
Gross Domestic Product
International trade
Studies
Trade relations
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Summary:In this paper, the author deals with Slovenia's trade in goods with the Western Balkan countries, Slovenia's important trade partners that together account for more than ten per cent of the value of Slovenia's total trade in goods. There are several reasons for this, such as ease of trade between Slovenia and the Western Balkan countries (excluding Albania) due to similar culture, language, etc. This is particularly true for Croatia, which is one of Slovenia's four neighbouring countries and one of its most important trade partners, accounting for more than five per cent of the value of Slovenia's total trade in goods and almost 50 per cent of the value of Slovenia's trade with the Western Balkan countries. In 2012, the value of Slovenia's trade in goods with Croatia amounted to euro2 300.2 million, a decrease of 2.2 per cent over the previous year. This decrease was mainly due to a lower demand for goods in both countries as a result of the financial and economic crisis.
ISSN:2065-2194