United Kingdom (GBR) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

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United Kingdom (GBR) and Slovenia (SVN) Trade

2022

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Exports $365MRnk 76 / 224

2022

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About

United Kingdom-Slovenia In 2022, United Kingdom exported $365M to Slovenia. The main products that United Kingdom exported to Slovenia are Cars ($36M), Packaged Medicaments ($29M), and Gas Turbines ($26.3M). During the last 27 years the exports of United Kingdom to Slovenia have increased at an annualized rate of 2.15%, from $205M in 1995 to $365M in 2022.

In 2019, United Kingdom exported services to Slovenia worth $135M, with Travel ($49.7M), Transportation ($48.5M), and Government services, n.i.e. ($17.8M) being the largest in terms of value.

Slovenia-United Kingdom In 2022, Slovenia exported $765M to United Kingdom. The main products that Slovenia exported to United Kingdom were Video Displays ($46M), Cars ($44.5M), and Packaged Medicaments ($36.1M). During the last 27 years the exports of Slovenia to United Kingdom have increased at an annualized rate of 4.12%, from $257M in 1995 to $765M in 2022.

In 2020, Slovenia exported services to United Kingdom worth $181M, with Computer and information services ($36.2M), Transportation ($32M), and Other business services ($31M) being the largest in terms of value.

Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Slovenia ranked 9 in the Economic Complexity Index (ECI 1.42), and 56 in total exports ($56B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £19.3M and imported £51.7M from Slovenia, resulting in a negative trade balance of £32.4M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £3.38M (21.3%) from £15.9M to £19.3M, while imports increased by £9.07M (21.3%) from £42.6M to £51.7M.

Trade In January 2024, the top exports of United Kingdom to Slovenia were Packaged Medicaments (£1.54M), Machinery Having Individual Functions (£999k), Large Construction Vehicles (£925k), Commodities not elsewhere specified (£860k), and Other Iron Products (£430k). In January 2024 the top imports of United Kingdom from Slovenia were Packaged Medicaments (£3.17M), Cars (£2.18M), Video Displays (£2.09M), Ice Cream (£2.05M), and Electrical Ignitions (£1.61M).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£15M), East Midlands Airport (£1.37M), Killingholme (£698k), Dover (£536k), and London Heathrow Airport (£377k), while imports destinations were mainly Dover (£34.1M), Harwich (£6.95M), Eurotunnel (£2.67M), East Midlands Airport (£1.79M), and Immingham (£1.13M).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Slovenia was explained primarily by an increase in product exports in Packaged Medicaments (£1.52M or 10.4k%), Machinery Having Individual Functions (£969k or 3.21k%), and Other Iron Products (£418k or 3.49k%). In January 2024, the increase in United Kingdom's year-by-year imports from Slovenia was explained primarily by an increase in product imports in Ice Cream (£1.16M or 131%), Harvesting Machinery (£1.02M or 219%), and Trailers and semi-trailers, not mechanically propelled... (£625k or 422%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£3.38M(21.3%)

IMPORT GROWTH (January 2023 - January 2024)£9.07M(21.3%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£15M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Slovenia and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $365M to Slovenia. The main products exported from United Kingdom to Slovenia were Cars ($36M), Packaged Medicaments ($29M), and Gas Turbines ($26.3M). During the last 27 years the exports of United Kingdom to Slovenia have increased at an annualized rate of 2.15%, from $205M in 1995 to $365M in 2022.

In 2022, Slovenia exported $765M to United Kingdom. The main products exported from Slovenia to United Kingdom were Video Displays ($46M), Cars ($44.5M), and Packaged Medicaments ($36.1M). During the last 27 years the exports of Slovenia to United Kingdom have increased at an annualized rate of 4.12%, from $257M in 1995 to $765M in 2022.

Exports from United Kingdom () to Slovenia () (2022)

Exports from Slovenia () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Slovenia
Top DestinationSwitzerland$9.92B

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

In 2021, countries that imported more from United Kingdom than Slovenia were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2021, countries that imported more from Slovenia than United Kingdom were Croatia ($4.68B), Switzerland ($9.92B), and Serbia ($1.54B).

Difference in imports from Slovenia () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United Kingdom had a large net trade with Slovenia in the exports of Machines ($110M), Chemical Products ($71.4M), and Transportation ($53.7M).

During 2022, Slovenia had a large net trade with United Kingdom in the exports of Machines ($253M), Metals ($93M), and Transportation ($81M).

Service Trade

Bilateral Service Trade

Svn Year

Gbr Year

In 2019, United Kingdom exported services to Slovenia worth $135M, with Travel ($49.7M), Transportation ($48.5M), and Government services, n.i.e. ($17.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Slovenia () (2019)

Services Exports from Slovenia () to United Kingdom () (2020)

Economic Complexity

Competitive Landscape

Year

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 United Kingdom has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over United Kingdom.

Product Space of United Kingdom () and Slovenia () (2022)

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