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Belt and Road Countries --- Slovenia

April 03, 2020


Abstract : Slovenia signed a memorandum of understanding with China to promote the Belt and Road Initiative in November 2017.

Slovenia signed a memorandum of understanding with China to promote the Belt and Road Initiative (BRI) in November 2017.

-- Political system

Slovenia is a parliamentary democratic republic with a head of government - the prime minister - and a head of state - the president - who is directly elected. The government holds executive and administrative authority. The prime minister and ministers are elected by the Parliament. Slovenia has no regions, but is subdivided into 212 municipalities.

-- Trade and economy

The most important sectors of Slovenia’s economy in 2016 were industry (27.6 percent), wholesale and retail trade, transport, accommodation and food services (20.7 percent) and public administration, defence, education, human health and social work activities (16.9 percent).

Intra-EU trade accounts for 75 percent of Slovenia's exports (Germany 19 percent, Italy 10 percent and Austria 7 percent), while outside the EU 4 percent go to Serbia and 3 percent to Bosnia & Herzegovina.

In terms of imports, 71 percent come from EU countries (Germany 17 percent, Italy 13 percent and Austria 10 percent), while outside the EU 5 percent come from China and 4 percent from Turkey.

Source:https://europa.eu/european-union/about-eu/countries/member-countries/slovenia_en

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Keyword: Belt and Road Countries Slovenia

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