2023
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GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
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 GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
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GDP PC 
$32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195
2023
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GDP PC
$99,565CURRENT US$
Rnk 5 / 196
2013-2023
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GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195

About

Slovenia-Switzerland Trade: In 2023, Slovenia exported $13.5B to Switzerland. The main products that Slovenia exported to Switzerland were Packaged Medicaments ($12.5B), Nitrogen Heterocyclic Compounds ($361M), and Vaccines, blood, antisera, toxins and cultures ($79.3M). Over the past 5 years the exports of Slovenia to Switzerland have increased at an annualized rate of 87.5%, from $582M in 2018 to $13.5B in 2023.

In 2020, Slovenia exported services to Switzerland worth $448M, with Other business services ($285M), Transportation ($85.4M), and Computer and information services ($33M) being the largest in terms of value.

Switzerland-Slovenia Trade: In 2023, Switzerland exported $10.6B to Slovenia. The main products that Switzerland exported to Slovenia were Packaged Medicaments ($5.7B), Nitrogen Heterocyclic Compounds ($3.04B), and Sulfonamides ($947M). Over the past 5 years the exports of Switzerland to Slovenia have increased at an annualized rate of 56.3%,  from $1.13B in 2018 to $10.6B in 2023.

In 2019, Switzerland exported services to Slovenia worth $64.5M, with Computer and information services ($29.8M), Royalties and license fees ($13.7M), and Travel ($7.39M) 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $13.5B to Switzerland. The main products exported from Slovenia to Switzerland were Packaged Medicaments ($12.5B), Nitrogen Heterocyclic Compounds ($361M), and Vaccines, blood, antisera, toxins and cultures ($79.3M). During the last 5 years the exports of Slovenia to Switzerland have increased at an annualized rate of 87.5%, from $582M in 2018 to $13.5B in 2023.

In 2018, Switzerland exported $10.6B to Slovenia. The main products exported from Switzerland to Slovenia were Packaged Medicaments ($5.7B), Nitrogen Heterocyclic Compounds ($3.04B), and Sulfonamides ($947M). During the last 5 years the exports of Switzerland to Slovenia have increased at an annualized rate of 56.3%, from $1.13B in 2023 to $10.6B in 2018.

Exports from Slovenia (Flag) to Switzerland (Flag) (2023)

Exports from Switzerland (Flag) to Slovenia (Flag) (2023)

Latest Data

Trade between Slovenia (Flag) and Switzerland (Flag)

Slovenia Exports

Switzerland Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Switzerland
Top Destination
Germany$53.8B

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

In 2023, countries that imported more from Slovenia than Switzerland included Croatia ($4.85B), Hungary ($1.91B), and Bosnia and Herzegovina ($706M).

In 2023, countries that imported more from Switzerland than Slovenia included China ($47.7B), Germany ($53.8B), and United States ($45.1B).

Difference in imports from Switzerland (Flag) and Slovenia (Flag) (2023)

Comparative Advantage Slovenia - Switzerland

Flow
Scale

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

During 2023, Slovenia had a large net trade with Switzerland in the exports of Chemical Products ($13B), Machines ($139M), and Metals ($99.1M).

During 2018, Switzerland had a large net trade with Slovenia in the exports of Chemical Products ($10.2B), Machines ($105M), and Precious Metals ($81.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Switzerland+$32.4MCars
Top Product Potential Switzerland Slovenia+$17.6MGold

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 Switzerland worth $448M, with Other business services ($285M), Transportation ($85.4M), and Computer and information services ($33M) being the largest in terms of value.

In 2019, Switzerland exported services to Slovenia worth $64.5M, with Computer and information services ($29.8M), Royalties and license fees ($13.7M), and Travel ($7.39M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Switzerland (Flag) to Slovenia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Slovenia (Flag) and Switzerland (Flag) (2023)

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