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Industry revenue of »sea and coastal freight water transport« in Slovenia 2011-2023

Slovenia’s sea and coastal freight transport industry only witnessed tepid growth between 2011-2018, owing to the lack of investments in sea port infrastructure, a decrease in international trade volumes and the growing consumer preference towards road freight services, due to the cheaper rates and better logistics handling. In fact, road transport accounts for over 60 percent of the total inland freight transport in the country.

Initial projections for the medium term demonstrated a marginal rise in revenues, from 49.3 million U.S. dollars in 2020 to 50.3 million U.S. dollars by 2023, owing to a projected growth in trade activity. However, a growth in revenues looks rather unlikely at this point in time as the outbreak of the corona virus is expected to disrupt the entire supply chain cycle. Although the government has decided to not shut the Port of Koper, the activity is expected to remain subdued over the course of the year.

Industry revenue of »sea and coastal freight water transport« in Slovenia from 2011 to 2023

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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Slovenia. The industry “sea and coastal freight water transport“ has the code “H502“.

Details on the methodology can be found here.

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