2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Austria-Slovenia Trade: In 2023, Austria exported $3.61B to Slovenia. The main products that Austria exported to Slovenia were Petroleum Gas ($321M), Electricity ($308M), and Refined Petroleum ($202M). Over the past 5 years the exports of Austria to Slovenia have increased at an annualized rate of 3.14%, from $3.09B in 2018 to $3.61B in 2023.

In 2020, Austria exported services to Slovenia worth $648M, with Travel ($185M), Other business services ($170M), and Transportation ($148M) being the largest in terms of value.

Slovenia-Austria Trade: In 2023, Slovenia exported $3.38B to Austria. The main products that Slovenia exported to Austria were Refined Petroleum ($594M), Excavation Machinery ($215M), and Electricity ($131M). Over the past 5 years the exports of Slovenia to Austria have increased at an annualized rate of 3.47%,  from $2.75B in 2018 to $3.38B in 2023.

In 2020, Slovenia exported services to Austria worth $1.08B, with Transportation ($569M), Travel ($227M), and Other business services ($156M) being the largest in terms of value.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $3.61B to Slovenia. The main products exported from Austria to Slovenia were Petroleum Gas ($321M), Electricity ($308M), and Refined Petroleum ($202M). During the last 5 years the exports of Austria to Slovenia have increased at an annualized rate of 3.14%, from $3.09B in 2018 to $3.61B in 2023.

In 2018, Slovenia exported $3.38B to Austria. The main products exported from Slovenia to Austria were Refined Petroleum ($594M), Excavation Machinery ($215M), and Electricity ($131M). During the last 5 years the exports of Slovenia to Austria have increased at an annualized rate of 3.47%, from $2.75B in 2023 to $3.38B in 2018.

Exports from Austria (Flag) to Slovenia (Flag) (2023)

Exports from Slovenia (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Slovenia (Flag)

Austria Exports

Slovenia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Slovenia
Top Destination
Switzerland$13.5B

This map shows whether countries import more from Austria or Slovenia. Each country is colored based on the difference in imports they receive from Austria and Slovenia or the difference in the growth in imports.

In 2023, countries that imported more from Austria than Slovenia included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Slovenia than Austria included Switzerland ($13.5B), Croatia ($4.85B), and Serbia ($1.11B).

Difference in imports from Slovenia (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Slovenia

Flow
Scale

This chart compares trade between Austria and Slovenia by product, considering products traded by both, Austria and Slovenia.

During 2023, Austria had a large net trade with Slovenia in the exports of Mineral Products ($898M), Metals ($551M), and Chemical Products ($389M).

During 2018, Slovenia had a large net trade with Austria in the exports of Machines ($803M), Mineral Products ($755M), and Metals ($473M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Slovenia+$70.9MPackaged Medicaments
Top Product Potential Slovenia Austria+$67.8MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Austria exported services to Slovenia worth $648M, with Travel ($185M), Other business services ($170M), and Transportation ($148M) being the largest in terms of value.

In 2020, Slovenia exported services to Austria worth $1.08B, with Transportation ($569M), Travel ($227M), and Other business services ($156M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Slovenia (Flag) (2020)

Services Exports from Slovenia (Flag) to Austria (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Slovenia. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Slovenia (Flag) (2023)

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