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2022
Flag → Flag
Exports $6.28BRnk 3 / 200
2022
Flag → Flag
Top Product $1.08BElectricity
2022
Flag → Flag
Exports $7.16BRnk 17 / 221
2022
Flag → Flag
Top Product $1.59BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Slovenia-Italy Trade: In 2022, Slovenia exported $6.28B to Italy. The main products that Slovenia exported to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). Over the past 5 years the exports of Slovenia to Italy have increased at an annualized rate of 11.3%, from $3.67B in 2017 to $6.28B in 2022.

In 2020, Slovenia exported services to Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

Italy-Slovenia Trade: In 2022, Italy exported $7.16B to Slovenia. The main products that Italy exported to Slovenia were Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). Over the past 5 years the exports of Italy to Slovenia have increased at an annualized rate of 8.74%,  from $4.71B in 2017 to $7.16B in 2022.

In 2020, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $6.28B to Italy. The main products exported from Slovenia to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). During the last 5 years the exports of Slovenia to Italy have increased at an annualized rate of 11.3%, from $3.67B in 2017 to $6.28B in 2022.

In 2017, Italy exported $7.16B to Slovenia. The main products exported from Italy to Slovenia were Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). During the last 5 years the exports of Italy to Slovenia have increased at an annualized rate of 8.74%, from $4.71B in 2022 to $7.16B in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Italy (Flag)

Slovenia Exports

Italy Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$9.92B
Italy
Top DestinationGermany$78.5B

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

In 2022, no countries were registered that imported more from Slovenia than from Italy.

In 2022, countries that imported more from Italy than Slovenia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Slovenia - Italy

Flow
Scale

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

During 2022, Slovenia had a large net trade with Italy in the exports of Mineral Products ($1.74B), Metals ($979M), and Machines ($830M).

During 2017, Italy had a large net trade with Slovenia in the exports of Mineral Products ($2.03B), Metals ($1.44B), and Machines ($976M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Italy+$219MCars
Top Product Potential Italy Slovenia+$102MPackaged 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 Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

In 2020, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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