2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Italy-Slovenia Trade: In 2022, Italy exported $7.16B to Slovenia. The main products that Italy exported to Slovenia were Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). Over the past 5 years the exports of Italy to Slovenia have increased at an annualized rate of 8.74%, from $4.71B in 2017 to $7.16B in 2022.

In 2020, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) being the largest in terms of value.

Slovenia-Italy Trade: In 2022, Slovenia exported $6.28B to Italy. The main products that Slovenia exported to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). Over the past 5 years the exports of Slovenia to Italy have increased at an annualized rate of 11.3%,  from $3.67B in 2017 to $6.28B in 2022.

In 2020, Slovenia exported services to Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $7.16B to Slovenia. The main products exported from Italy to Slovenia were Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). During the last 5 years the exports of Italy to Slovenia have increased at an annualized rate of 8.74%, from $4.71B in 2017 to $7.16B in 2022.

In 2017, Slovenia exported $6.28B to Italy. The main products exported from Slovenia to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). During the last 5 years the exports of Slovenia to Italy have increased at an annualized rate of 11.3%, from $3.67B in 2022 to $6.28B in 2017.

Exports from Italy (Flag) to Slovenia (Flag) (2022)

Exports from Slovenia (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Italy than Slovenia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Slovenia than from Italy.

Difference in imports from Slovenia (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Slovenia

Flow
Scale

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

During 2022, Italy had a large net trade with Slovenia in the exports of Mineral Products ($2.03B), Metals ($1.44B), and Machines ($976M).

During 2017, Slovenia had a large net trade with Italy in the exports of Mineral Products ($1.74B), Metals ($979M), and Machines ($830M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Slovenia+$102MPackaged Medicaments
Top Product Potential Slovenia Italy+$219MCars

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, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) being the largest in terms of value.

In 2020, Slovenia exported services to Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Slovenia (Flag) (2022)

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