2023
Flag  
GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 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
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Slovenia-El Salvador Trade: In 2023, Slovenia exported $2.06M to El Salvador. The main products that Slovenia exported to El Salvador were Packaged Medicaments ($1.37M), Light Fixtures ($123k), and Medical Instruments ($97.7k). Over the past 5 years the exports of Slovenia to El Salvador have decreased at an annualized rate of 4.36%, from $2.58M in 2018 to $2.06M in 2023.

In 2023, Slovenia did not export any services to El Salvador.

El Salvador-Slovenia Trade: In 2023, El Salvador exported $543k to Slovenia. The main products that El Salvador exported to Slovenia were Cars ($127k), Electrical Capacitors ($90.8k), and Knit T-shirts ($76.7k). Over the past 5 years the exports of El Salvador to Slovenia have increased at an annualized rate of 13.1%,  from $293k in 2018 to $543k in 2023.

In 2023, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $2.06M to El Salvador. The main products exported from Slovenia to El Salvador were Packaged Medicaments ($1.37M), Light Fixtures ($123k), and Medical Instruments ($97.7k). During the last 5 years the exports of Slovenia to El Salvador have decreased at an annualized rate of 4.36%, from $2.58M in 2018 to $2.06M in 2023.

In 2018, El Salvador exported $543k to Slovenia. The main products exported from El Salvador to Slovenia were Cars ($127k), Electrical Capacitors ($90.8k), and Knit T-shirts ($76.7k). During the last 5 years the exports of El Salvador to Slovenia have increased at an annualized rate of 13.1%, from $293k in 2023 to $543k in 2018.

Exports from Slovenia (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Slovenia (Flag) (2023)

Latest Data

Trade between Slovenia (Flag) and El Salvador (Flag)

Slovenia Exports

El Salvador Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
El Salvador
Top Destination
United States$2.41B

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

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

In 2023, countries that imported more from El Salvador than Slovenia included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

Difference in imports from El Salvador (Flag) and Slovenia (Flag) (2023)

Comparative Advantage Slovenia - El Salvador

Flow
Scale

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

During 2023, Slovenia had a large net trade with El Salvador in the exports of Chemical Products ($1.44M), Machines ($188k), and Miscellaneous ($127k).

During 2018, El Salvador had a large net trade with Slovenia in the exports of Textiles ($184k), Transportation ($138k), and Machines ($103k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia El Salvador+$1.23MPackaged Medicaments
Top Product Potential El Salvador Slovenia+$288kCoffee

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 El Salvador. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Slovenia.

Product Space of Slovenia (Flag) and El Salvador (Flag) (2023)

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