About Us Trgovinska menjava med Indijo in Slovenijo

I. Bilateral trade of India with Slovenia in the period of FY 2018-19 to FY 2022-23

India is one of its most important Asia foreign trade partners of Slovenia. The bilateral trade with Slovenia sorted per financial years 2018-19 to 2022-23 is presented in the table below.

(in USD million)

Bilateral trade

FY 2019-20

FY 2020-21

FY 2021-22

FY 2022-23

FY 2023-24

India's export to Slovenia

332.55

354.78

494.39

610.87

586.98

India's import from Slovenia

248.43

271.78

303.24

297.83

308.46

Total trade

580.98

626.56

797.63

908.07

895.44

Balance in India’s Favor

+ 84.12

+ 83.00

+ 191.15

+ 313.04

278.52

Source: Department of Commerce, Ministry of Commerce and Industry, Government of India

 

II. Top 10 India’s commodities, exported to Slovenia in FY 2023-24

 

Product

code

Product label

in USD million

FY 2023-24

(Apr - Mar)

FY 2022-23

(Apr - Mar)

% of

Growth

29

Organic chemicals

101

120.29

-16.04

30

Pharmaceutical products

100.89

91.55

10.2

85

Electrical machinery and equipment and parts thereof

59.86

55.45

7.95

87

Vehicles other than railway or tramway

40.2

38.2

5.25

84

Nuclear reactors, boilers, machinery

32.63

28.28

15.37

40

Rubber and articles thereof

28.66

11.21

155.61

72

Iron and steel

28.06

24.45

14.77

61

Articles of apparel and clothing accessories

27.31

54.38

-49.78

64

Footwear, gaiters and the like; parts of such articles

18.97

31.3

-39.4

93

Arms and ammunition; parts and accessories thereof

16.54

0.68

2343.49

Source: Department of Commerce, Ministry of Commerce and Industry, Government of India

 

III. MOUs (Memorandum of Understanding) signed between India and Slovenia

Number

Name of the Memorandum of Understanding

Signed

1.

Agreement on setting up Joint Committee on Bilateral Trade and Cooperation

1993

2.

Agreement on Scientific and Technology Cooperation

1995

3.

Agreement between FICCI/ASSOCHAM and the Slovene Chamber of Commerce and Industry to set up Joint Business Council

1995

4.

National Centre for Trade Information, India (NCTI) - Chamber of Commerce of Slovenia (CCS) Agreement for reciprocal sharing of information

1997

5.

Double Taxation Avoidance Agreement

2003

6.

Export Credit Guarantee Corporation (ECGC) - Slovenia Export Corporation (SEC) Cooperation Framework Agreement

2003

7.

MOU between the Bureau of Indian Standards and the Slovenian Institute for Standardisation

2011

8.

Agreement on Mutual Promotion and Protection of Investments

2011

9.

MOU between CII and CCIS

2013

10.

Protocol Amending the Convention of Fiscal Evasion with respect to Taxes on Income

2016

11.

MOU on Cooperation in the field of Sport between the Ministry of Youth Affairs and Sports of India and the Ministry of Education, Science and Sport of Slovenia

2019

12.

MOU between Invest India and SPIRIT Slovenia

2019

13.

Cooperation Agreement between CCIS and ASSOCHAM

2019

14.

Programme of Cooperation between the Bureau of India Standards (BIS) and the Slovenian Institute for Standardisation (SIST) on Technical Cooperation in the field of Standardisation

2019

15.

MOU between IIT Kanpur and Space-SI (for Clean Ganga project)

2019

16.

MOU between National Small Industries Corporation Ltd. (NSIC) and SPIRIT Slovenia

2022