Flag Norway / Slovenia Flag

2021
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Exports
: $77.6M, Rnk 62 / 204

2021
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Top Product
: $49.7M, Raw Aluminium

2021
FlagFlag
Exports
: $140M, Rnk 35 / 197

2021
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Top Product
: $17M, Aluminium Bars

2021
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Economic Complexity (ECI)
: ECI 0.69, Rnk 38 / 131

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

2021
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GDP
: $482B, CURRENT US$
Rnk 27 / 182

2011-2021
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GDP GROWTH
: -3.18%, CURRENT US$
Rnk 156 / 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 
: $89,203, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 150 / 182

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

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

Norway-Slovenia In 2021, Norway exported $77.6M to Slovenia. The main products that Norway exported to Slovenia are Raw Aluminium ($49.7M), Non-Iron and Steel Slag, Ash and Residues ($3.54M), and Packaged Medicaments ($2.16M). During the last 26 years the exports of Norway to Slovenia have increased at an annualized rate of 4.48%, from $24.9M in 1995 to $77.6M in 2021.

In 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

Slovenia-Norway In 2021, Slovenia exported $140M to Norway. The main products that Slovenia exported to Norway were Aluminium Bars ($17M), Cranes ($14.3M), and Electrical Transformers ($12.4M). During the last 26 years the exports of Slovenia to Norway have increased at an annualized rate of 7.41%, from $21.8M in 1995 to $140M in 2021.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) being the largest in terms of value.

Comparison In 2021,  Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B). 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, Norway exported $77.6M to Slovenia. The main products exported from Norway to Slovenia were Raw Aluminium ($49.7M), Non-Iron and Steel Slag, Ash and Residues ($3.54M), and Packaged Medicaments ($2.16M). During the last 26 years the exports of Norway to Slovenia have increased at an annualized rate of 4.48%, from $24.9M in 1995 to $77.6M in 2021.

In 2021, Slovenia exported $140M to Norway. The main products exported from Slovenia to Norway were Aluminium Bars ($17M), Cranes ($14.3M), and Electrical Transformers ($12.4M). During the last 26 years the exports of Slovenia to Norway have increased at an annualized rate of 7.41%, from $21.8M in 1995 to $140M in 2021.

Market Competitiveness

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Color

Norway
Top Destination
: United Kingdom, $33.5B

Slovenia
Top Destination
: Germany, $8.13B

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

In 2021, countries that imported more from Norway than Slovenia were United Kingdom ($33.5B), Germany ($31.5B), and Sweden ($13.7B).

In 2021, countries that imported more from Slovenia than Norway were Switzerland ($4.98B), Croatia ($3.64B), and Austria ($3.05B).

Comparative Advantage Norway - Slovenia

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Flow
Scale

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

During 2021, Norway had a large net trade with Slovenia in the exports of Metals ($52M), Machines ($5.19M), and Chemical Products ($5.03M).

During 2021, Slovenia had a large net trade with Norway in the exports of Machines ($58M), Transportation ($23.1M), and Metals ($22.8M).

Bilateral Service Trade

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In 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) 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 Norway has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over Norway.