India-Slovenia Bilateral Trade

Bilateral Trade

Bilateral trade between India and Slovenia witnessed a significant surge, particularly in the last two month of the year 2018. Total bilateral trade increased by 33.79% from EUR 270.01 million to EUR 361.25 million during the year. Indian exports to Slovenia increased by 36.57% from EUR 183.52 million to EUR 250.61 million and Indian import from Slovenia increased by 29.15% from EUR 86.49 million to EUR 110.64 million. This is the highest commodity trade between the two countries during the period 2014-2018.

Among the first three products imported in 2018 by Slovenia from India are:

Pharmaceutical products
Organic chemicals
Mineral fuels, mineral oils and products of their distillation

In comparison, the first three products imported by Slovenia from the world are:

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
Machinery, mechanical appliances, nuclear reactors, boilers, parts thereof
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral

The total bilateral trade during 2017 was Euro 270.01 mn with India exporting goods worth Euro 183.52 mn and its imports amounted to 86.49 mn. Total bilateral trade in 2016 was Euro 306.88 mn. India exported goods worth Euro 219.77 mn and imported goods worth Euro 87.11 mn with balance of trade in India’s favour. India’s exports decreased in comparison to the corresponding period in 2015, when the total bilateral trade figured at Euro 310.03 mn and India had exported goods worth Euro 236.89 mn and imported merchandise worth Euro 73.14 mn.

2015-2018

Exports and imports Slovenia, cumulative data		2015		2016		2017		2018
Exports and imports Slovenia, cumulative data		Exports to India	Imports from India	Exports to India	Imports from India	Exports to India	Imports from India	Exports to India	Imports from India
00 Combined	EUR	73.14	236.89	87.11	219.77	86.49	183.52	110.64	250.61
Nomenclature - TOTAL	USD	81.89	264.76	96.82	243.87	96.83	204.60	128.53	294.51
Total	EUR	310.03		306.88		270.01		361.25
Balance in India's Favor	EUR	+ 163.75		+ 132.66		+ 97.03		+139.97

2018

Exports and imports cumulative data

Exports to India

Imports from

India

Total bilateral

trade

Growth % of

Export to India (y-o-y)

Growth % of

Import from India (y-o-y)

All figures in million EUR

110.64

250.61

361.25

+ 29,15%

+ 36,57%

All figures in million USD

128.53

294.51

423.04

+ 34,03%

+ 43,97%

Slovenia’s Total Global Trade (in million USD)

36,488.12

Exports to World

36,273.33

Imports from

World

72,761.45

with World

+ 14,40%

Exports

to World

+ 16,43%

Imports from

World

Top 5 items of import by Slovenia from India during 2015 - 2017

Product code	Product label	Slovenia's imports from India
Product code	Product label	2015	2016	2017
'29	Organic chemicals	57.96	56.50	73.66
'30	Pharmaceutical products	60.11	64.55	57.66
'09	Coffee, tea, maté and spices	3.41	5.97	5.95
'85	Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television ...	4.76	4.84	5.57
'39	Plastics and articles thereof	5.27	4.12	5.43

Sources: International Trade Center; Statistical Office of the Republic of Slovenia Unit: Euro million

Top 5 items of import by Slovenia from India in 2018

Product code	Product label
Product code	Product label	December 2018	2018
'30	Pharmaceutical products	4.77	72.65
'29	Organic chemicals	4.59	64.51
'27	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral ...	20.15	51.09
'85	Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television ...	0.48	7.90
'09	Coffee, tea, maté and spices	0.41	7.36

Sources: International Trade Center; Statistical Office of the Republic of Slovenia Unit: Euro million

Top 10 items of exports from Slovenia to India during 2015 -2017

Product code	Product label	Slovenia's exports to India
Product code	Product label	2015	2016	2017
'29	Organic chemicals	28.32	21.66	23.69
'72	Iron and steel	14.38	17.43	14.17
'84	Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof	9.23	8.50	11.26
'85	Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television ...	7.83	7.24	7.38
'39	Plastics and articles thereof	4.43	7.16	6.61

Top 5 items of export from Slovenia to India in 2018

Product code	Product label
Product code	Product label	December 2018	2018
'84	Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof	6.30	26.39
'29	Organic chemicals	2.52	26.22
'72	Iron and steel	2.65	20.87
'85	Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television ...	0.35	7.46
'39	Plastics and articles thereof	0.32	5.61