Flag Hungary / Slovenia Flag

Exports Flag β†’ Flag  (2018): $1.22B, Rnk 22 / 194

Top Product Flag β†’ Flag (2018): $83.3M, Packaged Medicaments

Exports Flag β†’ Flag (2018): $1.17B, Rnk 6 / 193

Top Product Flag β†’ Flag (2018): $98.7M, Refined Petroleum

Economic Complexity of Flag (2018): ECI 1.44, Rnk 14 / 137

Economic Complexity of Flag (2018): ECI 1.5, Rnk 12 / 137

GDP Flag (2018): $158B, CURRENT US$
Rnk 55 / 196

GDP GROWTH Flag (2008-2018): -0.16%, CURRENT US$
Rnk 167 / 196

GDP Flag (2018): $54B, CURRENT US$
Rnk 83 / 196

GDP GROWTH Flag (2008-2018): -2.78%, CURRENT US$
Rnk 173 / 196

GDP PC Flag (2018): $16,162, CURRENT US$
Rnk 58 / 196

GDP PC GROWTH Flag (2008-2018): 2.59%, CURRENT US$
Rnk 135 / 196

GDP PC Flag (2018): $26,124, CURRENT US$
Rnk 39 / 196

GDP PC GROWTH Flag (2008-2018): -4.95%, CURRENT US$
Rnk 161 / 196

Hungary-Slovenia: In 2018, Hungary exported $1.22B to Slovenia. The main products exported from Hungary to Slovenia were Packaged Medicaments ($83.3M), Refined Petroleum ($81.6M), and Cars ($79.5M). During the last 23 years the exports of Hungary to Slovenia have increased at an annualized rate of 6.71%, from $274M in 1995 to $1.22B in 2018. In 2016, Hungary exported services to Slovenia worth $88.4M, with Other business services ($40.8M), Transportation ($28.5M), and Travel ($11.4M) being the largest in terms of value.

Slovenia-Hungary: In 2018, Slovenia exported $1.17B to Hungary. The main products exported from Slovenia to Hungary were Refined Petroleum ($98.7M), Packaged Medicaments ($95.7M), and Cars ($82M). During the last 23 years the exports of Slovenia to Hungary have increased at an annualized rate of 10.9%, from $109M in 1995 to $1.17B in 2018. In 2016, Slovenia exported services to Hungary worth $242M, with Travel ($157M), Other business services ($36.2M), and Transportation ($36.1M) being the largest in terms of value.

Comparison: In 2018, Hungary ranked 14 in the Economic Complexity Index (ECI 1.44), and 35 in total exports ($122B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.5), and 61 in total exports ($37.8B). In terms of GDP Per Capita, Hungary was ranked 58 with a GDP Per Capita of $16,162, and Slovenia was ranked 39 with a GDP Per Capita of $26,124.

Bilateral Trade by Products

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Depth
Value

In 2018, Hungary exported $1.22B to Slovenia. The main products exported from Hungary to Slovenia were Packaged Medicaments ($83.3M), Refined Petroleum ($81.6M), and Cars ($79.5M). During the last 23 years the exports of Hungary to Slovenia have increased at an annualized rate of 6.71%, from $274M in 1995 to $1.22B in 2018.

In 2018, Slovenia exported $1.17B to Hungary. The main products exported from Slovenia to Hungary were Refined Petroleum ($98.7M), Packaged Medicaments ($95.7M), and Cars ($82M). During the last 23 years the exports of Slovenia to Hungary have increased at an annualized rate of 10.9%, from $109M in 1995 to $1.17B in 2018.

Market Competitiveness

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Measure

Hungary
Top Destination
: Germany, $32.6B

Slovenia
Top Destination
: Germany, $7.4B

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

In 2018, countries that imported more from Hungary than Slovenia were Germany ($32.6B), Romania ($6.18B), and Slovakia ($5.76B).

In 2018, countries that imported more from Slovenia than Hungary were Croatia ($3B), Bosnia and Herzegovina ($880M), and Montenegro ($115M).

Comparative Advantage Hungary - Slovenia

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Depth

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

During 2018, Hungary had a large net trade with Slovenia in the exports of Machines ($280M), Chemical Products ($203M), and Metals ($119M).

During 2018, Slovenia had a large net trade with Hungary in the exports of Machines ($240M), Chemical Products ($185M), and Transportation ($165M).

Trade Forecasts

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This section shows a forecast for total trade between Hungary and Slovenia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Hungary exported services to Slovenia worth $88.4M, with Other business services ($40.8M), Transportation ($28.5M), and Travel ($11.4M) being the largest in terms of value.

In 2016, Slovenia exported services to Hungary worth $242M, with Travel ($157M), Other business services ($36.2M), and Transportation ($36.1M) 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 red.  This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Slovenia. Similarly, the more red a dot/product is, the more Slovenia has comparative advantage over Hungary.