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2023
Flag → Flag
Exports $471MRnk 21 / 199
2023
Flag → Flag
Top Product $87MPackaged Medicaments
2023
Flag → Flag
Exports $195MRnk 59 / 217
2023
Flag → Flag
Top Product $31.9MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Slovenia-Denmark Trade: In 2023, Slovenia exported $471M to Denmark. The main products that Slovenia exported to Denmark were Packaged Medicaments ($87M), Valves ($63.4M), and Other Heating Machinery ($33.1M). Over the past 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 5%, from $369M in 2018 to $471M in 2023.

In 2020, Slovenia exported services to Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

Denmark-Slovenia Trade: In 2023, Denmark exported $195M to Slovenia. The main products that Denmark exported to Slovenia were Packaged Medicaments ($31.9M), Valves ($10.3M), and Vaccines, blood, antisera, toxins and cultures ($8.84M). Over the past 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 8.37%,  from $130M in 2018 to $195M in 2023.

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $471M to Denmark. The main products exported from Slovenia to Denmark were Packaged Medicaments ($87M), Valves ($63.4M), and Other Heating Machinery ($33.1M). During the last 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 5%, from $369M in 2018 to $471M in 2023.

In 2018, Denmark exported $195M to Slovenia. The main products exported from Denmark to Slovenia were Packaged Medicaments ($31.9M), Valves ($10.3M), and Vaccines, blood, antisera, toxins and cultures ($8.84M). During the last 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 8.37%, from $130M in 2023 to $195M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Denmark (Flag)

Slovenia Exports

Denmark Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Slovenia than Denmark included Switzerland ($13.5B), Croatia ($4.85B), and Austria ($3.38B).

In 2023, countries that imported more from Denmark than Slovenia included Sweden ($11.2B), United States ($12B), and Germany ($14.8B).

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

Comparative Advantage Slovenia - Denmark

Flow
Scale

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

During 2023, Slovenia had a large net trade with Denmark in the exports of Machines ($202M), Chemical Products ($113M), and Metals ($35M).

During 2018, Denmark had a large net trade with Slovenia in the exports of Machines ($50.1M), Chemical Products ($48.8M), and Plastics and Rubbers ($16.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Denmark+$36.6MPackaged Medicaments
Top Product Potential Denmark Slovenia+$29.1MPackaged 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 Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Denmark (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 Denmark. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Slovenia.

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

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