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2023
Flag → Flag
Exports $1.11BRnk 12 / 199
2023
Flag → Flag
Top Product $166MPackaged Medicaments
2023
Flag → Flag
Exports $849MRnk 14 / 184
2023
Flag → Flag
Top Product $86.2MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 35 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC$12,282CURRENT US$
Rnk 82 / 196
2013-2023
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GDP PC GROWTH74.4%CURRENT US$
Rnk 20 / 195

About

Slovenia-Serbia Trade: In 2023, Slovenia exported $1.11B to Serbia. The main products that Slovenia exported to Serbia were Packaged Medicaments ($166M), Cars ($70.2M), and Vaccines, blood, antisera, toxins and cultures ($23.4M). Over the past 5 years the exports of Slovenia to Serbia have increased at an annualized rate of 5.04%, from $868M in 2018 to $1.11B in 2023.

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

Serbia-Slovenia Trade: In 2023, Serbia exported $849M to Slovenia. The main products that Serbia exported to Slovenia were Medical Instruments ($86.2M), Air Pumps ($39.7M), and Aluminium Plating ($39.5M). Over the past 5 years the exports of Serbia to Slovenia have increased at an annualized rate of 1.99%,  from $754M in 2018 to $849M in 2023.

In 2019, Serbia exported services to Slovenia worth $277M, with Travel ($85.1M), Transportation ($62.7M), and Other business services ($58.2M) being the largest in terms of value.

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $1.11B to Serbia. The main products exported from Slovenia to Serbia were Packaged Medicaments ($166M), Cars ($70.2M), and Vaccines, blood, antisera, toxins and cultures ($23.4M). During the last 5 years the exports of Slovenia to Serbia have increased at an annualized rate of 5.04%, from $868M in 2018 to $1.11B in 2023.

In 2018, Serbia exported $849M to Slovenia. The main products exported from Serbia to Slovenia were Medical Instruments ($86.2M), Air Pumps ($39.7M), and Aluminium Plating ($39.5M). During the last 5 years the exports of Serbia to Slovenia have increased at an annualized rate of 1.99%, from $754M in 2023 to $849M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Serbia (Flag)

Slovenia Exports

Serbia Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Serbia
Top DestinationGermany$4.76B

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

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

In 2023, countries that imported more from Serbia than Slovenia included Bosnia and Herzegovina ($1.77B), China ($1.42B), and Montenegro ($995M).

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

Comparative Advantage Slovenia - Serbia

Flow
Scale

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

During 2023, Slovenia had a large net trade with Serbia in the exports of Chemical Products ($260M), Machines ($236M), and Transportation ($149M).

During 2018, Serbia had a large net trade with Slovenia in the exports of Machines ($217M), Metals ($132M), and Instruments ($91.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Serbia+$3.87MRefined Petroleum
Top Product Potential Serbia Slovenia+$4.22MRefined Petroleum

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 2019, Serbia exported services to Slovenia worth $277M, with Travel ($85.1M), Transportation ($62.7M), and Other business services ($58.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Slovenia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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