2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Slovenia-Portugal Trade: In 2022, Slovenia exported $191M to Portugal. The main products that Slovenia exported to Portugal were Packaged Medicaments ($28.5M), Video Displays ($15.6M), and Electric Motor Parts ($14.3M). Over the past 5 years the exports of Slovenia to Portugal have increased at an annualized rate of 9.06%, from $124M in 2017 to $191M in 2022.

In 2020, Slovenia exported services to Portugal worth $9.14M, with Travel ($3.08M), Transportation ($2.06M), and Other business services ($1.48M) being the largest in terms of value.

Portugal-Slovenia Trade: In 2022, Portugal exported $124M to Slovenia. The main products that Portugal exported to Slovenia were Cars ($26.4M), Radio Receivers ($10.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.6M). Over the past 5 years the exports of Portugal to Slovenia have increased at an annualized rate of 5.32%,  from $90.7M in 2017 to $124M in 2022.

In 2020, Portugal exported services to Slovenia worth $4.57M, with Travel ($4.57M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $191M to Portugal. The main products exported from Slovenia to Portugal were Packaged Medicaments ($28.5M), Video Displays ($15.6M), and Electric Motor Parts ($14.3M). During the last 5 years the exports of Slovenia to Portugal have increased at an annualized rate of 9.06%, from $124M in 2017 to $191M in 2022.

In 2017, Portugal exported $124M to Slovenia. The main products exported from Portugal to Slovenia were Cars ($26.4M), Radio Receivers ($10.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($10.6M). During the last 5 years the exports of Portugal to Slovenia have increased at an annualized rate of 5.32%, from $90.7M in 2022 to $124M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Portugal (Flag)

Slovenia Exports

Portugal Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Slovenia than Portugal included Switzerland ($9.92B), Croatia ($4.68B), and Austria ($3.75B).

In 2022, countries that imported more from Portugal than Slovenia included Spain ($20.5B), France ($9.49B), and United States ($5.66B).

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

Comparative Advantage Slovenia - Portugal

Flow
Scale

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

During 2022, Slovenia had a large net trade with Portugal in the exports of Machines ($52.1M), Chemical Products ($35.9M), and Transportation ($21.5M).

During 2017, Portugal had a large net trade with Slovenia in the exports of Transportation ($38.5M), Machines ($27.8M), and Textiles ($11.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Portugal+$21.5MPackaged Medicaments
Top Product Potential Portugal Slovenia+$14.5MCars

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 Portugal worth $9.14M, with Travel ($3.08M), Transportation ($2.06M), and Other business services ($1.48M) being the largest in terms of value.

In 2020, Portugal exported services to Slovenia worth $4.57M, with Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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