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International comparison of transport services based on the trade performance index: Slovenia's position in relation to other EU countries

Author

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  • Marjan Sternad
  • Tina Cvahte Ojsteršek

Abstract

Transport services are a prerequisite for trade and economic development and at the same time an integral part of it. International trade in transport services is growing, but the comparability of individual countries in comparison to its trade partners varies greatly. In the present paper, we strived to analyse 24 EU member countries regarding a set of transport services international trade indicators. The indicators were calculated based on raw data from Intracen, and countries were grouped into four major groups with cluster analysis. Cluster analysis revealed four clusters of EU countries with similar international transport services trade indicators. Slovenia was taken as a focal country to further analyse the state of transport services trade and its position as an exporter and importer of transport services. The main finding is that Slovenia has a high growth of export services and it is expected that its position on the market of transport services will continue to grow in the following years.

Suggested Citation

  • Marjan Sternad & Tina Cvahte Ojsteršek, 2021. "International comparison of transport services based on the trade performance index: Slovenia's position in relation to other EU countries," International Journal of Diplomacy and Economy, Inderscience Enterprises Ltd, vol. 7(2), pages 116-128.
    • Handle: RePEc:ids:ijdipe:v:7:y:2021:i:2:p:116-128
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