The Case of Slovenian International Comparative Advantage in Logistics Services

Globalization has been changing the "rules of the game" for nations competing in international trade and investment. Competitiveness in the world markets is getting increasingly tougher, and that is why it is crucial for countries to gain comparative advantages if they want to keep their established market positions in the global international environment in the long run. Active participation in the international trade has become one of the most important keys of economic growth and welfare of individual countries. This paper shows the export and the import models of Slovenia in logistics services (transport and communication), as well as the comparative advantages, defined using the Balassa index. In comparison with the most important foreign trade partners Slovenia is gaining comparative advantages in transport and communication services; however, the transport infrastructure, the technology and the promotion of the exports of transport services will have to be improved in order to preserve the competitive position of Slovenia in the global international environment.