2023
Flag  
GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Slovenia-Malaysia Trade: In 2023, Slovenia exported $39.6M to Malaysia. The main products that Slovenia exported to Malaysia were Packaged Medicaments ($7.69M), Medical Instruments ($3.28M), and Scrap Plastic ($3.13M). Over the past 5 years the exports of Slovenia to Malaysia have increased at an annualized rate of 2.87%, from $34.4M in 2018 to $39.6M in 2023.

In 2020, Slovenia exported services to Malaysia worth $3.88M, with Other business services ($2.74M), Insurance services ($685k), and Transportation ($228k) being the largest in terms of value.

Malaysia-Slovenia Trade: In 2023, Malaysia exported $215M to Slovenia. The main products that Malaysia exported to Slovenia were Copper Foil ($117M), Integrated Circuits ($17.3M), and Semiconductor Devices ($10.2M). Over the past 5 years the exports of Malaysia to Slovenia have increased at an annualized rate of 25.4%,  from $69.2M in 2018 to $215M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $39.6M to Malaysia. The main products exported from Slovenia to Malaysia were Packaged Medicaments ($7.69M), Medical Instruments ($3.28M), and Scrap Plastic ($3.13M). During the last 5 years the exports of Slovenia to Malaysia have increased at an annualized rate of 2.87%, from $34.4M in 2018 to $39.6M in 2023.

In 2018, Malaysia exported $215M to Slovenia. The main products exported from Malaysia to Slovenia were Copper Foil ($117M), Integrated Circuits ($17.3M), and Semiconductor Devices ($10.2M). During the last 5 years the exports of Malaysia to Slovenia have increased at an annualized rate of 25.4%, from $69.2M in 2023 to $215M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Malaysia (Flag)

Slovenia Exports

Malaysia Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Slovenia than Malaysia included Switzerland ($13.5B), Croatia ($4.85B), and Italy ($6.23B).

In 2023, countries that imported more from Malaysia than Slovenia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Slovenia - Malaysia

Flow
Scale

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

During 2023, Slovenia had a large net trade with Malaysia in the exports of Machines ($10.6M), Chemical Products ($8.91M), and Plastics and Rubbers ($6.85M).

During 2018, Malaysia had a large net trade with Slovenia in the exports of Metals ($131M), Machines ($61.5M), and Plastics and Rubbers ($6.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Malaysia+$9.09MPackaged Medicaments
Top Product Potential Malaysia Slovenia+$15.5MIntegrated Circuits

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

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

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

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