This article covers trade between India and Slovenia, the main goods traded, the Joint Committee on trade, business forums and meetings, the India-Slovenia Business Council, and the economic agreements between the two countries. It is based on the MEA brief of June 2026, and figures are given as of that brief.
Bilateral trade
According to the MEA brief of June 2026, citing the Ministry of Commerce and Industry, Government of India, bilateral trade in US $ Million was as follows:
- 2019-20: Indian exports 332.55, Indian imports 248.43, bilateral trade 580.98, trade balance for India 84.12
- 2020-21: Indian exports 354.78, Indian imports 271.78, bilateral trade 626.56, trade balance for India 83.00
- 2021-22: Indian exports 494.42, Indian imports 303.23, bilateral trade 797.65, trade balance for India 191.19
- 2022-23: Indian exports 610.88, Indian imports 297.85, bilateral trade 908.73, trade balance for India 313.03
- 2023-24: Indian exports 586.98, Indian imports 308.25, bilateral trade 895.23, trade balance for India 298.13
- 2024-25: Indian exports 586.04, Indian imports 262.09, bilateral trade 848.13, trade balance for India 323.95
- 2025-26: Indian exports 765.17, Indian imports 298.84, bilateral trade 1,064.01, trade balance for India 466.33
Main items traded in 2025-26
The main items of exports from India in 2025-26 were:
- organic chemicals
- pharmaceutical products
- electrical machinery and equipment
- vehicles other than railway, tramway and rolling stock
- boilers, machinery and mechanical appliances
The main items of imports into India in 2025-26 were boilers, machinery and mechanical appliances; organic chemicals; electrical machinery and equipment; paper and paperboard and articles of paper; and optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments.
Joint Committee on Trade and Economic Cooperation
The Joint Commission on Trade and Economic Cooperation (JCTEC) was formed under the Agreement between Slovenia and India on Trade and Economic Cooperation signed in 1993. The 10th Session of the Indo-Slovenia Joint Committee on Trade and Economic Cooperation (JCTEC) was held on 25 November 2025 in New Delhi, when a 12 member Slovenian delegation held discussions with its counterparts in the Ministry of Commerce.
Mr. Zdravko Počivalšek, Minister of Economic Development and Technology of Slovenia, and Mr Piyush Goyal, Minister for Commerce and Industry of India, held a virtual meeting on 29 June 2021.
Business forums and meetings
A business delegation comprising members and representatives of three major chambers, ASSOCHAM, CII and IMC Chamber of Commerce and Industry, accompanied President Ramnath Kovind during his State visit to Slovenia in September 2019. The delegation participated in the India-Slovenia business forum, which President Kovind and President Borut Pahor jointly addressed.
During the visit of the External Affairs Minister in September 2021, a Business Meet was organised at which he addressed businessmen and stakeholders from the Slovenia-India Business Forum.
India was a partner/focus country at the 61st International Fair of Agriculture and Food (AGRA) Fair 2023, held from 26 to 31 August 2023 in Gornja Radgona, Slovenia.
An India-Slovenia Business Meet was organised on 05 December 2023. The Indian delegation included representatives from the logistics and construction, aviation, new and renewable energy, education, manpower and HR consultancy, and hospitality sectors, and over 25 leading businesspersons of Slovenia participated.
India-Slovenia Business Council
An India-Slovenia Business council was constituted in September 2013 under the ambit of the Slovenian Chamber of Commerce and Industry (CCIS) in Ljubljana. In 2016 the council disintegrated and started functioning as an informal group. During the External Affairs Minister's visit in September 2021, an announcement was made to re-establish it.
Economic agreements
The brief lists these trade and taxation agreements:
- Agreement on setting up Joint Committee on Bilateral Trade and Cooperation (1993)
- Double Taxation Avoidance Agreement (2003), and a Protocol Amending the Convention and the Protocol for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income (May 2016)