Finland (FIN) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

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Finland-Slovenia Trade: In 2023, Finland exported $142M to Slovenia. The main products that Finland exported to Slovenia were Large Flat-Rolled Stainless Steel ($15.1M), Raw Nickel ($10.4M), and Tractors ($9.18M). Over the past 5 years the exports of Finland to Slovenia have increased at an annualized rate of 4.1%, from $116M in 2018 to $142M in 2023.

In 2020, Finland exported services to Slovenia worth $20.6M, with Other business services ($8M), Computer and information services ($6.85M), and Transportation ($2.28M) being the largest in terms of value.

Slovenia-Finland Trade: In 2023, Slovenia exported $147M to Finland. The main products that Slovenia exported to Finland were Packaged Medicaments ($15.2M), Cars ($11.7M), and Electrical Transformers ($9.45M). Over the past 5 years the exports of Slovenia to Finland have increased at an annualized rate of 1.53%, from $136M in 2018 to $147M in 2023.

In 2020, Slovenia exported services to Finland worth $16M, with Other business services ($6.28M), Computer and information services ($3.08M), and Construction services ($2.4M) being the largest in terms of value.

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $142M to Slovenia. The main products exported from Finland to Slovenia were Large Flat-Rolled Stainless Steel ($15.1M), Raw Nickel ($10.4M), and Tractors ($9.18M). During the last 5 years the exports of Finland to Slovenia have increased at an annualized rate of 4.1%, from $116M in 2018 to $142M in 2023.

In 2018, Slovenia exported $147M to Finland. The main products exported from Slovenia to Finland were Packaged Medicaments ($15.2M), Cars ($11.7M), and Electrical Transformers ($9.45M). During the last 5 years the exports of Slovenia to Finland have increased at an annualized rate of 1.53%, from $136M in 2023 to $147M in 2018.

Exports from Finland () to Slovenia () (2023)

Exports from Slovenia () to Finland () (2023)

Latest Data

Trade between Finland () and Slovenia ()

Finland Exports

Date

Slovenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Finland than Slovenia included Sweden ($8.13B), United States ($9.68B), and Netherlands ($5.51B).

In 2023, countries that imported more from Slovenia than Finland included Switzerland ($13.5B), Croatia ($4.85B), and Italy ($6.23B).

Difference in imports from Slovenia () and Finland () (2023)

Comparative Advantage Finland - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Slovenia in the exports of Metals ($43.3M), Machines ($34.2M), and Transportation ($20.9M).

During 2018, Slovenia had a large net trade with Finland in the exports of Machines ($60.6M), Chemical Products ($19.7M), and Transportation ($19.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Slovenia+$5.61MPackaged Medicaments

Top Product Potential Slovenia Finland+$15.5MPackaged Medicaments

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

Svn Year

Fin Year

In 2020, Finland exported services to Slovenia worth $20.6M, with Other business services ($8M), Computer and information services ($6.85M), and Transportation ($2.28M) being the largest in terms of value.

In 2020, Slovenia exported services to Finland worth $16M, with Other business services ($6.28M), Computer and information services ($3.08M), and Construction services ($2.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland () to Slovenia () (2020)

Services Exports from Slovenia () to Finland () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Finland () to Slovenia () (2023)

Exports from Slovenia () to Finland () (2023)

Latest Data

Trade between Finland () and Slovenia ()

Finland Exports

Slovenia Exports

Market Competitiveness

Difference in imports from Slovenia () and Finland () (2023)

Comparative Advantage Finland - Slovenia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Finland () to Slovenia () (2020)

Services Exports from Slovenia () to Finland () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Finland () and Slovenia () (2023)

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