2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Slovenia-Austria Trade: In 2022, Slovenia exported $3.75B to Austria. The main products that Slovenia exported to Austria were Refined Petroleum ($744M), Excavation Machinery ($167M), and Electricity ($95M). Over the past 5 years the exports of Slovenia to Austria have increased at an annualized rate of 8.95%, from $2.45B in 2017 to $3.75B in 2022.

In 2020, Slovenia exported services to Austria worth $1.08B, with Transportation ($569M), Travel ($227M), and Other business services ($156M) being the largest in terms of value.

Austria-Slovenia Trade: In 2022, Austria exported $4.92B to Slovenia. The main products that Austria exported to Slovenia were Electricity ($1.1B), Petroleum Gas ($202M), and Refined Petroleum ($165M). Over the past 5 years the exports of Austria to Slovenia have increased at an annualized rate of 8.96%,  from $3.2B in 2017 to $4.92B in 2022.

In 2020, Austria exported services to Slovenia worth $648M, with Travel ($185M), Other business services ($170M), and Transportation ($148M) being the largest in terms of value.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $3.75B to Austria. The main products exported from Slovenia to Austria were Refined Petroleum ($744M), Excavation Machinery ($167M), and Electricity ($95M). During the last 5 years the exports of Slovenia to Austria have increased at an annualized rate of 8.95%, from $2.45B in 2017 to $3.75B in 2022.

In 2017, Austria exported $4.92B to Slovenia. The main products exported from Austria to Slovenia were Electricity ($1.1B), Petroleum Gas ($202M), and Refined Petroleum ($165M). During the last 5 years the exports of Austria to Slovenia have increased at an annualized rate of 8.96%, from $3.2B in 2022 to $4.92B in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Austria (Flag)

Slovenia Exports

Austria Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from Slovenia than Austria included Croatia ($4.68B), Serbia ($1.54B), and Bosnia and Herzegovina ($958M).

In 2022, countries that imported more from Austria than Slovenia included Germany ($57.7B), United States ($14.4B), and Hungary ($10.4B).

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

Comparative Advantage Slovenia - Austria

Flow
Scale

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

During 2022, Slovenia had a large net trade with Austria in the exports of Mineral Products ($897M), Machines ($794M), and Metals ($581M).

During 2017, Austria had a large net trade with Slovenia in the exports of Mineral Products ($1.51B), Metals ($717M), and Machines ($451M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Austria+$67.8MCars
Top Product Potential Austria Slovenia+$70.9MPackaged 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

In 2020, Slovenia exported services to Austria worth $1.08B, with Transportation ($569M), Travel ($227M), and Other business services ($156M) being the largest in terms of value.

In 2020, Austria exported services to Slovenia worth $648M, with Travel ($185M), Other business services ($170M), and Transportation ($148M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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