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==Trade== Slovenia's trade is orientated towards other EU countries, mainly [[Germany]] and [[Italy]]. This is the result of a wholesale reorientation of trade toward the West and the growing markets of central and eastern Europe in the face of the collapse of its Yugoslav markets. Slovenia's economy is highly dependent on foreign trade. Trade equals about 120% of GDP ([[exports]] and [[imports]] combined).{{Clarify|date=May 2010}} About two-thirds of Slovenia's trade is with other EU members. This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness. However, despite the economic slowdown in Europe in 2001β03, Slovenia maintained a 3% GDP growth. Keeping labour costs in line with productivity is thus a key challenge for Slovenia's economic well-being, and Slovenian firms have responded by specializing in mid- to high-tech manufacturing. Industry and construction comprise about one-quarter of the GDP. As in most industrial economies, services make up an increasing share of output (57.1 percent), notably in financial services.
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