Slovenia (SVN) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Slovenia-Austria Trade: In 2023, Slovenia exported $3.38B to Austria. The main products that Slovenia exported to Austria were Refined Petroleum ($594M), Excavation Machinery ($215M), and Electricity ($131M). Over the past 5 years the exports of Slovenia to Austria have increased at an annualized rate of 4.17%, from $2.75B in 2018 to $3.38B in 2023.

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 2023, Austria exported $3.61B to Slovenia. The main products that Austria exported to Slovenia were Petroleum Gas ($321M), Electricity ($308M), and Refined Petroleum ($202M). Over the past 5 years the exports of Austria to Slovenia have increased at an annualized rate of 3.14%, from $3.09B in 2018 to $3.61B in 2023.

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 2023, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovenia exported $3.38B to Austria. The main products exported from Slovenia to Austria were Refined Petroleum ($594M), Excavation Machinery ($215M), and Electricity ($131M). During the last 5 years the exports of Slovenia to Austria have increased at an annualized rate of 4.17%, from $2.75B in 2018 to $3.38B in 2023.

In 2018, Austria exported $3.61B to Slovenia. The main products exported from Austria to Slovenia were Petroleum Gas ($321M), Electricity ($308M), and Refined Petroleum ($202M). During the last 5 years the exports of Austria to Slovenia have increased at an annualized rate of 3.14%, from $3.09B in 2023 to $3.61B in 2018.

Exports from Slovenia () to Austria () (2023)

Exports from Austria () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Austria ()

Slovenia Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$13.5B

Austria
Top DestinationGermany$51B

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 2023, countries that imported more from Slovenia than Austria included Switzerland ($13.5B), Croatia ($4.85B), and Serbia ($1.11B).

In 2023, countries that imported more from Austria than Slovenia included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

Difference in imports from Austria () and Slovenia () (2023)

Comparative Advantage Slovenia - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovenia had a large net trade with Austria in the exports of Machines ($803M), Mineral Products ($755M), and Metals ($473M).

During 2018, Austria had a large net trade with Slovenia in the exports of Mineral Products ($898M), Metals ($551M), and Chemical Products ($389M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Aut Year

Svn Year

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 () to Austria () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Austria () (2023)

Exports from Austria () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Austria ()

Slovenia Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Slovenia () (2023)

Comparative Advantage Slovenia - Austria

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Austria () (2023)

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