Flag Belgium / Slovenia Flag

2021
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Exports
: $638M, Rnk 55 / 221

2021
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Top Product
: $53.6M, Cars

2021
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Exports
: $487M, Rnk 21 / 197

2021
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Top Product
: $82.9M, Cars

2021
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Economic Complexity (ECI)
: ECI 1.28, Rnk 18 / 131

2021
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Economic Complexity (ECI)
: ECI 1.42, Rnk 12 / 131

2021
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GDP
: $600B, CURRENT US$
Rnk 23 / 182

2011-2021
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GDP GROWTH
: 14.6%, CURRENT US$
Rnk 118 / 182

2021
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 GDP
: $61.5B, CURRENT US$
Rnk 80 / 182

2011-2021
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GDP GROWTH
: 19.3%, CURRENT US$
Rnk 109 / 182

2021
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GDP PC 
: $51,768, CURRENT US$
Rnk 17 / 182

2011-2021
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GDP PC GROWTH
: 9.19%, CURRENT US$
Rnk 106 / 182

2021
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GDP PC
: $29,201, CURRENT US$
Rnk 33 / 182

2011-2021
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GDP PC GROWTH
: 16.2%, CURRENT US$
Rnk 82 / 182

Belgium-Slovenia In 2021, Belgium exported $638M to Slovenia. The main products that Belgium exported to Slovenia are Cars ($53.6M), Vaccines, blood, antisera, toxins and cultures ($23.9M), and Tractors ($21.6M). During the last 22 years the exports of Belgium to Slovenia have increased at an annualized rate of 6.36%, from $164M in 1999 to $638M in 2021.

In 2020, Belgium exported services to Slovenia worth $118M, with Travel ($48M), Computer and information services ($32M), and Other business services ($20.6M) being the largest in terms of value.

Slovenia-Belgium In 2021, Slovenia exported $487M to Belgium. The main products that Slovenia exported to Belgium were Cars ($82.9M), Packaged Medicaments ($43.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($25.2M). During the last 22 years the exports of Slovenia to Belgium have increased at an annualized rate of 5.78%, from $142M in 1999 to $487M in 2021.

In 2020, Slovenia exported services to Belgium worth $172M, with Transportation ($61.9M), Construction services ($54.7M), and Other business services ($28.6M) being the largest in terms of value.

Comparison In 2021,  Belgium ranked 18 in the Economic Complexity Index (ECI 1.28), and 15 in total exports ($403B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.42), and 57 in total exports ($46.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Belgium exported $638M to Slovenia. The main products exported from Belgium to Slovenia were Cars ($53.6M), Vaccines, blood, antisera, toxins and cultures ($23.9M), and Tractors ($21.6M). During the last 22 years the exports of Belgium to Slovenia have increased at an annualized rate of 6.36%, from $164M in 1999 to $638M in 2021.

In 2021, Slovenia exported $487M to Belgium. The main products exported from Slovenia to Belgium were Cars ($82.9M), Packaged Medicaments ($43.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($25.2M). During the last 22 years the exports of Slovenia to Belgium have increased at an annualized rate of 5.78%, from $142M in 1999 to $487M in 2021.

Market Competitiveness

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Color

Belgium
Top Destination
: Germany, $62.7B

Slovenia
Top Destination
: Germany, $8.13B

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

In 2021, countries that imported more from Belgium than Slovenia were France ($59.9B), Germany ($62.7B), and Netherlands ($50.4B).

In 2021, countries that imported more from Slovenia than Belgium were Croatia ($3.64B), Serbia ($1.4B), and Bosnia and Herzegovina ($962M).

Comparative Advantage Belgium - Slovenia

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Flow
Scale

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

During 2021, Belgium had a large net trade with Slovenia in the exports of Chemical Products ($137M), Plastics and Rubbers ($94.9M), and Machines ($93.4M).

During 2021, Slovenia had a large net trade with Belgium in the exports of Transportation ($114M), Chemical Products ($81.7M), and Machines ($73.4M).

Bilateral Service Trade

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In 2020, Belgium exported services to Slovenia worth $118M, with Travel ($48M), Computer and information services ($32M), and Other business services ($20.6M) being the largest in terms of value.

In 2020, Slovenia exported services to Belgium worth $172M, with Transportation ($61.9M), Construction services ($54.7M), and Other business services ($28.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over Belgium.