Exporting to Slovenia
Strong and growing economy
Slovenia’s economy is growing strongly and its GDP grew by 4.5% in 2018 (IMF, 2018). Purchasing power should continue to grow due to increasing employment, growing disposable income and better access to bank lending.
Access to markets
Slovenia is a gateway to south eastern European markets due to its geographical position. It has strong historical links with the neighbouring markets of Croatia, Serbia, Bosnia and Herzegovina, which results in cultural and linguistic connections as well as well-connected infrastructure.
Ease for UK businesses
English is widely spoken in Slovenia and British quality goods and services are well received. Furthermore, it has similar business, legal and technical standards to the UK, making it a friendly market for UK businesses. 92% of Slovenians speak at least 2 foreign languages.
Opportunities for exporters
There are opportunities for UK companies across a broad range of industries. Our trade advisers in Slovenia have identified particular opportunities for UK businesses in the following sectors.
There is a project to build a second railway track on the Divaca-Koper line which commenced in March 2019. There are opportunities for UK companies, mostly in the supply of equipment. The project will be funded by the Slovene Government, the EU and European Investment Bank.
Third development axis
Slovenia is building a motorway connecting Austria and Croatia called the third development axis. This project has a government financial guarantee. This will project an opportunity for UK engineering companies and equipment supply. This project commenced in 2019 and is forecast to conclude in 2026.
Krško's second block
The Krško project offers great opportunities for British nuclear supply chains. The Department for International Trade is continuously working on presenting British expertise in Slovenia and has good contacts in the nuclear sector.
Vrbina nuclear waste landfill
Slovenia's Minister of Infrastructure has declared Slovenia will proceed with a nuclear waste landfill in Vrbina. The preparatory work has already been carried out and and construction should be complete by 2025.