Slovenia (SVN) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Slovenia-Mongolia Trade: In 2023, Slovenia exported $44.4M to Mongolia. The main products that Slovenia exported to Mongolia were Packaged Medicaments ($23.2M), Planes, Helicopters, and/or Spacecraft ($16.1M), and Other Edible Preparations ($1.53M). Over the past 5 years the exports of Slovenia to Mongolia have increased at an annualized rate of 10.3%, from $27.2M in 2018 to $44.4M in 2023.

In 2023, Slovenia did not export any services to Mongolia.

Mongolia-Slovenia Trade: In 2023, Mongolia exported $195k to Slovenia. The main products that Mongolia exported to Slovenia were Animal Organs ($148k), Other Nuts ($26.4k), and Plastic Lids ($5.39k). Over the past 5 years the exports of Mongolia to Slovenia have decreased at an annualized rate of 0.92%, from $204k in 2018 to $195k in 2023.

In 2023, Mongolia did not export any services to Slovenia.

Comparison: In 2023, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovenia exported $44.4M to Mongolia. The main products exported from Slovenia to Mongolia were Packaged Medicaments ($23.2M), Planes, Helicopters, and/or Spacecraft ($16.1M), and Other Edible Preparations ($1.53M). During the last 5 years the exports of Slovenia to Mongolia have increased at an annualized rate of 10.3%, from $27.2M in 2018 to $44.4M in 2023.

In 2018, Mongolia exported $195k to Slovenia. The main products exported from Mongolia to Slovenia were Animal Organs ($148k), Other Nuts ($26.4k), and Plastic Lids ($5.39k). During the last 5 years the exports of Mongolia to Slovenia have decreased at an annualized rate of 0.92%, from $204k in 2023 to $195k in 2018.

Exports from Slovenia () to Mongolia () (2023)

Exports from Mongolia () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Mongolia ()

Slovenia Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$13.5B

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Slovenia than Mongolia included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

In 2023, countries that imported more from Mongolia than Slovenia included China ($13.1B) and Thailand ($67.1M).

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

Comparative Advantage Slovenia - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovenia had a large net trade with Mongolia in the exports of Chemical Products ($23.2M), Transportation ($16.1M), and Machines ($2.88M).

During 2018, Mongolia had a large net trade with Slovenia in the exports of Animal Products ($148k), Vegetable Products ($26.4k), and Textiles ($7.27k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Mongolia+$343kVaccines, blood, antisera, toxins and cultures

Top Product Potential Mongolia Slovenia+$24.5kAnimal Organs

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Mongolia () (2023)

Exports from Mongolia () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Mongolia ()

Slovenia Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Slovenia - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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